FGV’s 2021 • Completed felling of 13,127 Ha and replanted 2,815 Ha landbank. • Expansion of mechanisation areas to 30,391 Ha, making a total of 115,000 Ha fully mechanised area using the Mechanical Assisted Infield Collection method. • Applied 297,178 MT of fertilisers, equivalent to 100% coverage. • Saji ranked #7 topmost chosen Fast Moving Consumer Goods (FMCG) brands in Malaysia, based on Kantar’s Brand Footprint 2021. Plantation • FELDA emerged as the largest shareholder of FGV with total shareholding of 79.80% as of 31 December 2021. • Launched RM500 million Sukuk Murabahah programme, which indicates confidence in FGV’s balance sheet. • Paid windfall tax of RM184 million based on high CPO price recorded during the year. • Contributed around RM15 million for CSR-related activities. Corporate • Established the Board Sustainability Committee. • Established Gender Equality and Women Empowerment Committee which reflects FGV’s commitment to provide women with equal access to all opportunities throughout our operations. • Improved in the SPOTT rankings, climbing to 19th position from 23rd, with an overall SPOTT assessment score of 74%. • Pledged to adopt science-based targets and become a net-zero emission entity by 2050, making FGV as Malaysia’s first food and agriculture company to sign the UN-backed SBTi’s Business Ambition for 1.5ºC pledge. • Expansion of wildlife conservation and human-wildlife conflict management to include pygmy elephants, pangolins and gibbons besides the existing programme for sun bears. • Embarked on a new 3-year initiative to protect and enhance High Conservation Value and High Carbon Stock areas within our plantations. • Ensure compliance to responsible sourcing, sustainability standards and regulations through traceability and supply chain management. To date, our palm oil is 100% traceable to mill and 98% to plantation. For rubber, 97% is traceable to plantation (local suppliers). • Continued the implementation of programmes under its affiliation to the Fair Labor Association (FLA), with the overarching objective to enhance it labour practices by focusing on a range of initiatives to strengthen FGV’s migrant worker recruitment process, human rights capacity building and training programmes, grievance mechanisms and labour standards monitoring systems. Sustainability RESPONSIBLE BUSINESS ABOUT THIS REPORT RESPECTING HUMAN RIGHTS FGV HOLDINGS BERHAD 16
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