FGV Annual Report 2015

155 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Talent Management In line with FGV’s mission to be a global player, the Group believes that investing in human capital is extremely important for the organisation to thrive in today’s market. We are always on a look out for talents who are able to contribute positively to the Group. The Group has established a talent management and succession planning framework to attract, develop, motivate and retain productive and engaged employees. Talent management framework focuses on 3 main objectives as follows: • Creating a sustainable organisation by attracting and retaining the top talent as well as securing a pipeline of talent to fill the critical jobs at all times. • Minimising the business operational costs by reducing the employees’ turnover of high potential and performing employees and the need for expensive external requirement. • Reducing the risk of not having the right successors in place for critical positions and risk of not developing employees effectively. We ensure talent decisions are aligned with business strategy and hold leaders accountable to ensure appropriate talent development is occurring for high potential staffs. Human Capital Development In FGV, we strongly believe in developing our staff. Given the right tools and opportunities, our staff can reach greater heights of achievement. As Social the Group becomes more diversified, more skill sets from various fields are required to complement, support and implement its plans. FGV provides training for Gabonese smallholders In our efforts to ensure a sustainable future for the palm oil industry, FGV has signed a Project Agreement with Olam International Ltd on ‘Gabonese Nationals Training Program’. The objective of the training programme is to help over 2,000 Gabonese smallholder farmers in Oil Palm Plantation Management to become commercially viable RSPO certified plantation owners in Gabon. This training has been conducted by FGV with the support of Olam with the first batch of 54 participants. The four-month course included practical and classroom lessons led by experienced trainers from FGV on plant and soil science, cultivating and maintaining oil palm estates, RSPO standards, occupational safety and health, best agricultural practices, as well as basic English language lessons. Teaming up with Malaysian small-scale plantation owners, Gabonese farmers learnt how to farm beyond subsistence levels to start a commercial enterprise. The training programme also included study visits to relevant facilities such as oil mills and a rubber factory, settlers villages and research facilities as well as exposing the participants a taste of Malaysian culture and life, local attractions, festivities and local food. The training programme will have life-changing consequences for its participants and the Republic of Gabon. Through total immersion, this will introduce Gabonese farmers to international best practice in modern, sustainable plantation management. The Environmental, Social and Governance (ESG) Journey