Value Creation Is The Bedrock Of Our Business 78 FGV HOLDINGS BERHAD RSPO CERTIFICATION Since 2010, we have made a commitment to strive for full certification of all 67 of FGV’s mills and its supply base by the Roundtable on Sustainable Palm Oil (RSPO), which is the most widely recognised global standard for oil palm sustainability. The RSPO certification is premised on principles and criteria that promote sustainable palm oil cultivation, oil processing and product manufacturing based on a variety of economic, environmental and social indicators. As of the end of 2022, 30 out of FGV’s 67 mills and its supply base have been RSPO-certified, while the rest of the uncertified mills have undergone and completed all required preparation and are ready to commence the certification audit. MSPO CERTIFICATION Malaysian Sustainable Palm Oil (MSPO) is Malaysia’s national certification scheme for Malaysian palm oil plantations, independent and organised smallholders, as well as other palm oil processing facilities. MSPO sets out a comprehensive set of sustainability-focused criteria and indicators, many of which are recognised internationally by environmental and ethical standards bodies. In 2022, we maintained the MSPO certification for all of FGV’s 67 mills and its supply base, and we will continue to ensure we comply with sustainable practices through regular monitoring, evaluation and performance improvement. INTERNATIONAL SUSTAINABILITY AND CARBON CERTIFICATION FGV aspires to promote sustainable growth and income generation through our International Sustainability and Carbon Certification (ISCC)-compliant operations. We have eight ISCCcertified mills, which reflect our commitment to sustainability and responsible business practices. We adhere to the stringent standards established by the ISCC and ensure that our operations meet the ESG criteria to respect the rights of the communities in areas where we operate, engaging with these communities and investing in their development needs. GOING FORWARD We will keep striving to attain national and international certifications to benchmark the quality of our products and services against the highest industry standards. Elevating our standards will demonstrate our commitment to operating and growing responsibly, enabling us to build trust with consumers and stakeholders. Sustainability Review PILLAR 1: PROMOTING ECONOMIC GROWTH SUSTAINABILITY CERTIFICATIONS WHY IT IS IMPORTANT FGV is committed to attaining national and international certifications as well as globally recognised industry sustainability standards to continue to have access to premium markets. Achieving certifications is crucial for us to minimise the organisation’s exposure to various risks such as regulatory, operational and reputational risks. This is in addition to minimising disruptions to daily operations and assuring customers on the quality of our products and services. Benchmarking against the highest industry standards and best practices underpins our commitment to operate and advance responsibly, enabling us to ensure that our operations and business practices mitigate and minimise adverse social and environmental impacts. PROGRESS AND ACHIEVEMENTS
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