FGV Annual Integrated Report 2019

18 FGV HOLDINGS BERHAD ASSESSING OUR MATERIAL MATTERS OUR MOST MATERIAL MATTERS Material matter Why it is important How it is managed – includes: Indicators for reporting SDG Policies to manage this matter Actions taken Yield Improvement Improving yield through improvements in operational efficiency and leveraging on innovation to use environmentally friendly pesticides and fertilisers will reduce the pressure to open up new plantations, as well as mitigate the impact on the environment. Group Sustainability Policy Use of seeds, pest and disease control and fertilisers, which are supported by the use of the latest technologies and implementation of site-specific good agricultural practices (GAP) FFB yields achieved during the reporting year Economic Performance Our economic performance determines the sustainable economic value we generate, as well as the value created for our stakeholders. The strength of our Financial Capital mirrors our economic performance. Group’s Authority Limits Group Finance Policies & Procedures Key financial drivers and financial performance highlights, including comparison to targets and peer comparisons, impairments and discussions on Financial Statements Profitability, revenue growth and balance sheet management UNDERSTANDING OUR BUSINESS Of the 18 relevant matters identified, five were ranked the highest by our stakeholders and business: Yield Improvement Economic Performance Governance, Ethics & Integrity RSPO Certification Human Rights and Labour Relations Key changes in 2018 include the addition of Labour Relations to Human Rights to cover equal remuneration and freedom of association and the separation of Talent Management from Employee Engagement and Well-being to provide greater coverage of talent development and succession planning. Effective Communications moved to a lower position as we persisted with ongoing engagements with our stakeholders to ensure we communicated our performance and activities effectively. Following recent events related to sustainability, RSPO Certification has climbed up the priority ladder to become one of our top stakeholder concerns. YI EP GE RC HR