FGV Annual Report 2014

FGV Group Strategy on Sustainability Sustainability has always been integral to our business and is reflected in our commitment to delivering value to our stakeholders via sustainable and responsible operations. Our sustainability strategy focuses on implementing best practices wholistically and adhering to all relevant regulatory and sustainability requirements. We do not only adhere to regulations but work closely with the relevant agencies to develop sustainability standards. In the past, we contributed to the Roundtable on Sustainable Palm Oil (RSPO). We are currently involved in drafting and testing the viability of the Malaysian Sustainable Palm Oil (MSPO). As an active member of many working groups, technical and committees, we strive continuously to improve ourselves and standards within the landscape in which we operate. We are proud to announce that we are amongst the first in the region to attain sustainability certifications such as the RSPO and International Sustainability and Carbon Certification (ISCC). At FGV, sustainability governance is cascaded from the highest level through the Steering Committee represented by our Heads of Clusters, CEOs of upstream operations, the Sustainability Department and Corporate Communications teams to the Working Committee at the regional level. The Steering Committee is mandated to set the direction, discuss issues and propose actions in relation to matters of sustainability while the Working Committee implements them at the ground level. We believe that the sustainability of our businesses is interdependent with the sustainability of the ecosystem surrounding our operations. We have been implementing a number of Good Agricultural Practices (GAP) and Good Management Practices (GMP) to ensure the efficient use of natural resources hence safeguard the long-term productivity of the land that we cultivate. We are keen advocates of zero- burning, implementing Leguminous Cover Crop (LCC) and Integrated Pest Management (IPM). We also employ science- based nutrient management and enrich the soil with organic fertilisers as well as beneficial microorganisms as standard practices in all our oil palm plantations. Research and Development (R&D) plays an important role in the sustainability of oil palm plantations, especially in terms of productivity and operations. Recognising this, FGV has invested in strong R&D support services and have reaped the benefits of Felda Global Ventures Holdings Berhad pg 104 SUSTAINABILITY REPORT