FGV Annual Integrated Report 2024

FGV ANNUAL INTEGRATED REPORT 2024	1
WHAT’S INSIDE	4
OUR REPORTING APPROACH	2
FGV AT A GLANCE	6
Who We Are	6
What We Do: Core Business Segments & Key Highlights	8
Our Competitive Edge	10
How We Are Structured	11
Our Global Footprint	12
Our Investment Case	14
Financial Highlights	14
Business Highlights	14
Awards and Recognitions	16
Our Strategic Goals and Pillars	17
Optimising Our Value Chain	18
Events and Milestones	20
INSIGHTS FROM OUR LEADERS	22
Message from the Chairman	22
Group Chief Executive Officer’s Review	28
COMMITMENT TO STAKEHOLDER VALUE CREATION	34
Our Integrated Approach to Value Creation	34
Our Value Creation Model	36-37
Stakeholder Engagement & Value Creation	42-43
Distribution of Value Created	55
Material Matters	56
Operating Landscape	62
Our Strategic Roadmap	65
Strategic Performance Review	67
Key Performance Indicators	71
DRIVING VALUE THROUGH BUSINESS GROWTH	73
Financial Review	73
Group Financial Review	73
5-Year Group Financial Summary & Highlights	76
Summary Financial Statements	77
Segmental Analysis	78
Statement of Value Added & Value Distribution	79
Quarterly Performance	80
5-Year Operational Statistics	81
Financial Calendar	82
Investor Information	83
Business Review	87
Plantation Division	87
Oils & Fats Division	97
Sugar Division	105
Logistics & Support Division	109
Consumer Products Division	118
Sustainability Review	125
Our Approach to Sustainability	127
ESG Performance Data Table	164
LEADERSHIP IN FOCUS	166
Corporate Information	166
Board of Directors	167
Board of Directors’ Profile	169
Group Management Committees’ Profile	177
Organisational Structure	188
SUSTAINING VALUE THROUGH GOOD GOVERNANCE	189
Corporate Governance Overview Statement	189
Statement on Risk Management and Internal Control	231
Additional Disclosures	239
ADDITIONAL INFORMATION	250
Analysis of Shareholdings	250
Top 10 Properties of FGV	254
Global Reporting Initiative (GRI) Content Index	256
Independent Limited Assurance Report	259

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