Waste Management As an agribusiness, our operations generate significant volumes of diverse waste, including empty fruit bunches, palm oil mill effluent (POME), and biomass. To optimise our value chain, we implement a comprehensive waste management strategy aimed at maximising resource recovery and minimising environmental impact. In the palm oil sector, where scrutiny regarding environmental impact is high, effective waste management practices are not only essential for compliance but also for building trust and maintaining our social license within communities and markets. We focus on preventing waste at the source, optimising resource use, and leveraging technology to enhance sustainability performance. A structured governance framework and continuous monitoring ensure effective waste reduction, recovery, and disposal across our value chain. Waste-to-Wealth initiatives We are dedicated towards advancing circular economy principles by converting industrial by-products into valuable resources. In 2024, we expanded our waste valorisation efforts through several initiatives: 1. Spent Silica Valorisation The spent silica from our biodiesel pre-treatment plant is repurposed as an absorbent, effectively absorbing 90% of phosphorus and 60% of Free Fatty Acids (FFA) in crude palm oil. With this initiative, spent silica is considered as part of non-scheduled waste for FGV, supporting sustainable resource management. 2. Glycerine Pitch Valorisation Top pitch (glycerine with impurities) from our glycerine refinery plant is repurposed as a catalyst for biomass solid biofuel. The bottom pitch, primarily sodium chloride, has promising potential as a herbicide enhancer in agriculture. Currently, this is classified under Scheduled Waste (SW204), with an ongoing process for re-categorisation as non-scheduled waste by the Department of Environment. Through these initiatives, we continue to drive resource efficiency, minimise environmental impact, and create sustainable value from waste generated across our operations, reinforcing our leadership in circular economy practices. WHY IS IT IMPORTANT? WHAT IS OUR APPROACH? WHAT VALUE WAS CREATED IN 2024? 152 FGV Holdings Berhad | Annual Integrated Report 2024 Environment
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