Operating in regions rich in biodiversity, we rely on these systems for sustained productivity and reduced environmental risks. However, habitat loss, deforestation, and climate change threaten both wildlife and our industry’s future. Protecting biodiversity is therefore not just an environmental responsibility, but a business imperative, safeguarding our supply chain, supporting communities, and ensuring global food security. WHY IS IT IMPORTANT? We integrate biodiversity conservation into land management by protecting HCV areas, safeguarding rare and endangered species, and enforcing strict environmental policies. These commitments are upheld through monitoring, restoration efforts, and supply chain accountability across our operations. HCV Assessments We are restoring degraded landscapes, protecting HCV areas, and creating ecological corridors to support wildlife movement and biodiversity. In 2024, we conducted HCV assessments covering 90,164 Ha to identify ecologically significant areas outside protected zones. These assessments led to the establishment of HCV areas within our oil palm plantations to preserve critical habitats and biodiversity species. We also developed an HCV Management Plan to monitor biodiversity and address threats such as encroachment. WHAT IS OUR APPROACH? Biodiversity and Land Management Environment We are committed to comprehensive biodiversity protection through strategic corridor development, targeted endangered species conservation, and active community engagement. We aim to minimise human-wildlife conflict, particularly in high-risk areas such as Sabah, and drive industry-leading conservation practices through collaboration, rigorous assessments, and enhanced awareness programmes. Transparency via robust reporting aligned with global standards will solidify our position as a benchmark for sustainable palm oil production. WHAT IS OUR OUTLOOK? Disclosures 2022 2023 2024 Number of old palm trees replanted (ha) 13,719 19,862 18,543 Oil palm trees classified as (ha) Old 25,325 24,718 26,927 Very old 63,016 47,475 29,534 Total conservation area (ha) HCV area 12,181 12,181 9,401 Total existing plantation area on peatlands (ha) 3,752 3,752 3,426 Fire incidents within FGV's boundaries Within FGV's boundaries 6 11 4 PERFORMANCE OUTCOMES In 2024, FGV replanted 18,543 Ha of old palm trees and recorded a reduction in fire incidents to six cases within its boundaries. The Group also maintained 3,426 Ha of plantation on peatlands and protected 9,401 Ha of the designated HCV areas. WHAT VALUE WAS CREATED IN 2024? 145 Sec 05 DRIVING VALUE THROUGH BUSINESS GROWTH (SUSTAINABILITY REVIEW)
RkJQdWJsaXNoZXIy NDgzMzc=