FGV Annual Report 2015

19 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED ADDRESSING OUR RISKS & OPPORTUNITIES CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 How We Manage Our Capitals Connecting Stakeholder engagement to strategic decision-making Being responsive to the concerns of our Stakeholders, and advancing their interests is integral to our ability to effectively allocate resources and manage the relationships necessary to operate sustainably and achieve our strategic aspirations. We have deepened our Stakeholders’ focus over the last 4 years and have implemented a co-ordinated and constructive engagement approach, which informs strategic decision-making at the highest levels of the Group. Streamlining our governance and decision-making structures and processes Our decision-making and control frameworks are ultimately underpinned by our commitment to maintaining high standards of business integrity and ethics in all our activities. We maintain sound corporate governance and risk management structures and processes, which the FGV Board considers pivotal to delivering sustainable growth in the interests of all Stakeholders. In the last year, based on best practice, we re-organised and prioritised the way we make strategic, group, high-risk and high-value decisions. Our new governance structure and decision-making framework will ensure integrated and effective decision-making at all levels, which includes strategic, tactical, operational, statutory and functional support. More on this can be found on page 15 under Our Relationship with Stakeholders More on this can be found on page 98 under Governance Framework P. 15 APPLYING INTEGRATED INVESTMENT CRITERIA Our business model centers on monetising our resources in developed and emerging countries. Inputs from each of the six capitals are crucial for the conversion of resources into product streams. The effective production and delivery of our goods and services generates value for all our Stakeholders. More on this can be found on page 20 under Global Strategic Blueprint (GSB) and Group Imperatives P. 20 P. 98