Initiatives Achievements • Labour Standards Initiative: Enhanced labour practices and recruitment policies in compliance with international labour standards. • Strengthening Compliance: Submitted a petition to the United States Customs and Border Protection (CBP) for the modification of the WRO. • S ustainability Certification Expansion: Expanded the number of sites certified under other sustainability certification schemes to meet the rising demand for sustainable products. • MSPO Certification: Maintained certification on Malaysian Sustainable Palm Oil (MSPO) standards across all 66 mills. • RSPO Certification: Retained RSPO certification for 30 mills. • Climate Commitment: Submitted near-term and long-term greenhouse gas (GHG) reduction targets to SBTi for validation. • Sustainable Energy Management System (SEMS): Received Energy Management Gold Standard (EMGS) 1-Star certification for FGV Kernel Products (FGVKP) Pasir Gudang. EMBEDDING SUSTAINABILITY Key Focus Areas Strategic Capital Deployment • Strengthen on-the-ground implementation of sustainability commitments. • Commit to climate action through targeted initiatives. • Explore green energy and efficiency improvements. • Address the modification of Withhold Release Order (WRO) through remediation and continuous enhancement of labour and recruitment practices. Integrating ESG principles across operations by advancing climate action, enhancing responsible sourcing and traceability, and ensuring compliance with sustainability certifications to uphold ethical and environmental commitments. • Achieve sustainability certification to enhance credibility and meet industry standards. • Strengthen traceability, responsible sourcing, and supplier management to ensure ethical and sustainable supply chains. • Implement a climate action and waste management plan to reduce environmental impact and improve resource efficiency. • Uphold human rights and labour standards by ensuring fair practices, ethical recruitment, and compliance with international regulations. Embed sustainability across operations, aligning with Environmental, Social, and Governance (ESG) principles to drive long-term value and responsible growth. Short to Medium-Term Priorities Long-Term Priorities Strategic Thrusts: Material Matters: SDGs: RE HL BL OE Financial Capital: Allocates funding for sustainability-driven initiatives, carbon reduction strategies, and waste management projects. Manufactured Capital: Enhances energy efficiency and sustainability integration across production and supply chain operations. Social and Relationship Capital: Engages with regulatory bodies, industry leaders, and NGOs to advance sustainability policies and compliance framework. Human Capital: Trains employees on sustainability best practices, responsible labour policies, and ethical sourcing standards. Intellectual Capital: Invests in sustainability R&D, climate adaptation strategies, and ESG performance monitoring. Natural Capital: Implements biodiversity conservation, climate resilience strategies, and waste-to-value projects. 63 COMMITMENT TO STAKEHOLDER VALUE CREATION Sec 04
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