We engage with regulators and government agencies to ensure adherence to industry rules and regulations, maintaining compliance across our operations. Their oversight helps protect stakeholder interests and fosters a stable and transparent business environment. • S trengthen compliance frameworks and collaborate with regulators to ensure adherence to policies. • Engage with policymakers to align business strategies with evolving regulations. • Diversify operations and establish contingency plans to mitigate risks. • Non-compliance with regulatory requirements leading to legal penalties, reputational damage, and operational disruptions. • P olicy changes introducing new compliance burdens, requiring operational or financial adjustments. • P olitical instability creating uncertainty in business environments, affecting investment, and growth. • Compliance with legal and regulatory requirements to ensure smooth operations and strong governance. • Support for government sustainability and environmental initiatives to drive positive impact. • Collaboration on policies and industry guidelines to strengthen sectoral development. • Strengthened license to operate through regulatory compliance and goodwill. • Increased influence in shaping industry standards and frameworks. • R educed risk of legal or regulatory penalties, ensuring business continuity. Why We Engage Key Concerns Raised Opportunities Value Created for Stakeholders Value for FGV Risks Channel & Frequency of Engagement Responses • Company website updates • External surveys and feedback • Site visits, audits, and inspections • Meetings, engagements, and dialogues AR M Q Y • Challenges in meeting global and regulatory sustainability requirements. • Increase support for national sustainability goals. • Demand for transparent and timely updates on FGV’s financial, operational, and sustainability practices. • E nsure business units comply with all regulatory requirements while pursuing business objectives. • Align sustainability initiatives with national priorities to support government sustainability goals. • Engage regularly with regulators to provide updates on FGV’s sustainability initiatives and business developments. Regulators & Government Capitals: Material Matters: SDGs: BL CL OE 38 FGV Holdings Berhad | Annual Integrated Report 2024 Stakeholder Engagement & Value Creation
RkJQdWJsaXNoZXIy NDgzMzc=