FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 62 REPORTING ON WHAT MATTERS POLICIES AND ACTIVITIES TO MANAGE SUSTAINABILITYMATTERS Under the new SP20 in 2016, the Group developed a Group Sustainability Policy (GSP) covering all business clusters focused on the objectives of creating trust and long-term value for the Group, Shareholders and Stakeholders, executing the Group's strategy to address EES impacts and opportunities, to achieve business and operational excellence, and to ensure compliance with the laws and regulations of their respective jurisdictions. The GSP stipulates three (3) broad sustainability pillars for the Group as well as specific focus areas under each pillar: i. Environmental Stewardship a. Biodiversity and conservation of High Conservation Value (HCV) elements b. Waste management c. Greenhouse Gas (GHG) emissions ii. Social and Economic Responsibility a. Strengthening human and social capital b. Occupational health and safety c. Respecting human rights d. Reinforcing compliance to United Declarations of Human Rights (UDHR) and International Labour Organisation (ILO)'s Core Conventions pertaining to fair and decent working conditions and no exploitation at the workplace e. Responsible employment f. Sexual harassment and violence g. Freedom of expression h. Free, Prior and Informed Consent (FPIC) iii. Value Chain a. Raw materials and other resources b. Traceability In the interests of our Stakeholders, FGV is committed to provide regular and transparent updates on current sustainability issues involving our activities on our website. The Sustainability Response Team Progress Update section on our website also provides detailed information on our response and a chronological order of events in relation to sustainability issues. Stakeholder visit to FGV's palm oil mills. SUSTAINABILITY STATEMENT OUR COMMITMENT AND APPROACH