FGV Annual Integrated Report 2019

17 ANNUAL INTEGRATED REPORT 2019 02 S E C T I O N ASSESSING OUR MATERIAL MATTERS MATERIALITY FGV prioritises the identification of issues that are most significant to our stakeholders and our operations. In 2018, we conducted a comprehensive Materiality Assessment with the support of an independent consultant, engaging our internal and external stakeholders to gain their views on our Group’s material matters. This process involved a review of our Materiality Matrix to determine the factors impacting our delivery of value. VALIDATION In 2019, we conducted an internal review and assessment of our material matters to validate their relevance to our stakeholders and business operations. We were guided by sustainability frameworks, guidelines, principles and the requirements of sustainability rating indices such as theGlobal Reporting Initiative (GRI) andDowJones Sustainability Indices (DJSI). In addition, we reviewed topics and the best practices of selected industry players and global initiatives such as the Zoological Society of London’s (ZSL) Sustainability Policy Transparency Toolkit (SPOTT). We aligned our material matters to local, regional and global issues andmegatrends to identify potential gaps, which included benchmarking against sustainability standards such as RSPO, Malaysian Sustainable Palm Oil (MSPO), NDPE, SDGs, Malaysia’s SDG Roadmap Phase 1 and the 11 th Malaysia Plan. After our external validation exercise, we are pleased to report that there have been no major shifts in our material issues. We have also mapped each material matter to the relevant SDGs and our Six Capitals of value creation, which represent the boundaries within which they have an impact or are impacted on. GE EC OH YI PR TS BD CC TM WM LC EW WT EN CD RC HR EP Importance to FGV Importance to Stakeholders Legend: * Movement of top 5 material matters in comparison to 2018 Economic Environmental Social Water Management WT Effective Communications EC Biodiversity and Deforestation BD Energy Consumption EN Occupational Health and Safety OH Climate Change CC Human Rights and Labour Relations HR RSPO Certification RC Waste Management WM Economic Performance EP Traceability/Supply Chain TS Employee Engagement and Well-being EW Governance, Ethics & Integrity GE Products Responsibility PR Legal Compliance LC Yield Improvement YI Community Development (CSR) CD Talent Management TM UNDERSTANDING OUR BUSINESS