RECIPROCATING NATURE’S GENEROSITY FGV has a significant dependency on natural resources including land, water and energy to cultivate our various agricultural produce and manufacture our consumer products. Without the resources nature generously provides, our business would not be able to grow and prosper. Therefore as an environment steward, FGV takes seriously our obligation to protect and preserve the natural environment. We embrace the concept of circular economy not only from a sustainable perspective but also from business growth perspective. The nature of our business offers us the opportunities to optimise processing of by-products to realise new revenue streams. To quote an example, we have commenced operations at our largest renewable energy biogas power plant with an installed capacity of 2.4 megawatts, which can generate up to RM5 million in annual revenue at peak transmission. Climate Action & Environment Protection Our environmental protection and climate action principles are upheld and consciously practiced across all our operations and value chains, and as we expand our business portfolio, the same principles will bind new businesses - the same high standards for climate action and environment protection applied across the FGV Group facilitates congruency and harnesses the strength of collective action. FGV has a continual focus on minimising our operational footprint. For instance, we continuously improve the mechanisation and digitalisation of our business by utilising advanced technology to support the achievement of net-zero carbon emission targets by 2050. In addition, we strive to implement good business practices and work closely with our business partners and suppliers to progressively improve environmental performance in the FGV supply chain. We exercise responsibility and care in our operations and this translates to preservation of water quality, reducing waste generation, lowering energy consumption and, where possible, reduction of chemical usage. We are sensitive to the fragile ecosystems surrounding areas in which we operate and have strong and explicit commitments to wildlife conservation and protection, evident from our various wildlife conservation programmes. 104 FGV HOLDINGS BERHAD RESPONSIBLE BUSINESS ABOUT THIS REPORT RESPECTING HUMAN RIGHTS
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