• Company website and social media updates • Company intranet and newsletter • External surveys and feedback • Company events and activities such as mentoring and roundtables • Site visits, audits, and inspections • Meetings, engagements, and briefings AR M Y Q Q Y We engage with joint venture (JV) and business partners to gain access to additional financial resources, technology, and expertise that may not be available internally. These collaborations enhance our capabilities, drive innovation, and expand our market reach. • D evelop collaborative innovation initiatives to align with market needs. • L everage partnerships to share operational costs and drive efficiency. • S trengthen financial assessment and risk mitigation measures for joint ventures. • C ultural or strategic misalignment in partnerships reducing joint venture effectiveness. • M arket risks affecting joint venture success and financial performance. • F inancial instability among business partners creating uncertainty and operational risks. • Mutual growth opportunities through collaborative ventures and resource sharing. • Enhanced profitability through synergies and cost efficiencies. • Co-development of innovative products and services, access to new markets and customer segments, and expanded business reach. • E xpansion into new markets and diversification of revenue streams through strategic partnerships. • S hared risks and costs, especially for largescale projects. • A ccess to partners’ specialised expertise, technology, and networks. Why We Engage Key Concerns Raised Opportunities Value Created for Stakeholders Value for FGV Risks Channel & Frequency of Engagement Responses • Uncertainty in strategic planning and business growth, impacting long-term sustainability. • Concerns over FGV’s financial performance and ability to meet operational targets. • Need for a collaborative approach to leverage expertise and skills for business success. • Conduct strategic workshops and knowledge-sharing to enhance capabilities, drive innovation, and improve performance. • Implement robust monitoring and evaluation to track joint venture businesses and operational progress. • Foster collaboration with industry experts and stakeholders to optimise skills, share best practices, and drive business outcomes. Joint Venture & Business Partners Capitals: Material Matters: SDGs: RE HL DI 45 COMMITMENT TO STAKEHOLDER VALUE CREATION Sec 04
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