Regulatory Compliance and Sustainability Certifications At the core of this approach is the Group Sustainability Policy (GSP), which establishes the foundation for responsible business practices and ethical palm oil production. We align our operations with globally recognised sustainability standards, guiding our commitment to responsible sourcing, environmental stewardship, and regulatory compliance. To uphold these standards, we adhere to the following sustainability certifications: Certifications and Standards • Roundtable on Sustainable Palm Oil (RSPO) • Malaysian Sustainable Palm Oil (MSPO) MS2530:2013 Standards • International Sustainability and Carbon Certification (ISCC) • Green Gold Label (GGL) • Italian National Sustainability Certification Scheme for Biofuels and Bioliquids (INS) To maintain compliance with these standards, we continuously monitor regulatory developments and update standard operating procedures (SOPs) and guidelines as needed to help operational units meet evolving requirements. Additionally, we engage with supply chain partners to ensure alignment with sustainability expectations and strengthen industry-wide accountability. WHAT IS OUR APPROACH? Sustainability certification schemes are vital in acknowledging FGV’s compliance with industry standards, building credibility and fostering transparency with our stakeholders. As buyers and investors increasingly demand sustainability assurance, maintaining these standards positions FGV for long-term success and growth. WHY IS IT IMPORTANT? As demand for sustainable palm oil and certified bio-based products increases, we proactively updated internal guidelines and engaged supply chain partners to ensure continued compliance. This reinforced traceability and market access, securing our position as a trusted sustainable producer. We maintained 100% MSPO certification across 66 mills and 192 estates. We also retained RSPO certification for 30 complexes through surveillance audits and recertifications. Additionally, we expanded the number of sites certified under the ISCC (61 sites), GGL (63 sites), and INS (42 sites) schemes to meet the rising demand for sustainable biomass and biofuel products. Our Downstream units are also being certified under the relevant sustainability certification scheme. Currently, nine units are MSPO-certified, four are RSPO-certified, and four are ISCC-certified. WHAT VALUE WAS CREATED IN 2024? Governance We will continue strengthening our regulatory compliance and certification efforts through a structured, time-bound approach across the short, medium, and long-term. By enhancing our policies, processes, and stakeholder engagement, we aim to remain aligned with evolving regulations, certification requirements, and sustainability standards. WHAT IS OUR OUTLOOK? 126 FGV Holdings Berhad | Annual Integrated Report 2024
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