PROGRESS IN 2024 We have established an Enhanced Sustainability Framework in 2024, comprising five pillars: Economic Growth, Governance, Social, Environment, and Innovation & Technology. These pillars serve as the foundation for integrating sustainability into our business strategies, ensuring a structured and holistic approach in managing material matters. Each material matter is mapped to the relevant pillar, aligning our initiatives with global standards, stakeholder expectations, and industry best practices. This framework strengthens our commitment to responsible business practices, driving long-term value creation while addressing environmental, social, and governance (ESG) considerations across our operations. The following is a list of material matters that are relevant to FGV’s operations and stakeholders based on the five sustainability pillars: Further information can be found in Sustainability Review on pages 118 - 158 of this report. Material Matters BUSINESS DEVELOPMENT AND PRODUCT QUALITY DESCRIPTION Broadening and embedding market presence and penetrating new markets to diversify revenue streams and reinforce market positioning. BD LINK TO: Strategic Thrusts: Capitals: Stakeholders: Risks: SR MR PR SC SDGs: ECONOMIC IMPACT DESCRIPTION Enhancing the impact of FGV’s operations to the local economy and overall contribution to the plantation industry through strong market presence and support for local community through employment opportunities. EI LINK TO: Strategic Thrusts: Capitals: Stakeholders: Risks: MR LR SR CS SDGs: 50 FGV Holdings Berhad | Annual Integrated Report 2024 • Operational Excellence Innovation & Technology • Biodiversity and Land Management • Climate Action • Energy Management • Soil, Pest and Disease Management • Waste Management • Water Use Environment • Community Development • Diversity, Equity and Inclusion (DEI) • Talent Development • Human Rights and Labour Standards • Occupational Health and Safety • Smallholders Social • Regulatory Compliance and Sustainability Certifications • Data Security and Protection • Corporate Governance and Risk Management • Anti-Corruption and Anti-Bribery Governance • Economic Impact • Business Development and Product Quality • Traceability, Responsible Sourcing and Supply Chain Management Economic Growth
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