149 ANNUAL INTEGRATED REPORT 2021 HOW WE ARE GOVERNED REINFORCING SUSTAINABILITY ADDITIONAL INFORMATION GSP Pillar: Promoting Economic Growth Material Matter What It Means to FGV SDG Operational Excellence Improvement of production yield and enhancement of operational, leveraging on innovation, R&D as well as the sustainable environmental and climate conscious policies and practices without compromising human rights & labour standards Traceability, Responsible Sourcing & Supply Chain Management Establishment of traceability system and procurement process to ensure responsible and sustainable practices in palm oil value chain Sustainability Certifications Compliance with recognised sustainability standards such as the RSPO P&C and Malaysian Sustainable Palm Oil (MSPO) Certification Scheme for purposes of certification and alignment of practices with the most widely accepted sustainability standards for the palm oil industry Business Development & Product Quality Broaden and embed market presence, penetrate new markets, diversify revenue streams and reinforce market positioning Governance, Ethics & Integrity Compliance with regulatory requirements and good corporate governance principles Data Security & Protection Keeping data secure at all times from all forms of intrusions to ensure business operations are shielded from harm and stakeholders’ trust is preserved SDGs LINKAGE Our material matters have direct linkages to relevant SDGs and by implication sustainability efforts in each of the material matter will lend towards FGV contributing towards efforts of the wider global community in making our world a better, safer place and making it more sustainable for future generations. Our material matters, identified to the three pillars of our GSP 4.0 and linked to relevant SDGs are depicted below:
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