FGV’s Group sustainability policy We have formulated our Group Sustainability Policy (GSP) 4.0 to guide and inform our approach to sustainability. Our GSP revolves around 3 pillars namely, promoting economic growth, respecting human rights and protecting the environment. These 3 pillars shape our strategies to build a strong and sustainable business in the long term while also taking into account our obligations as a responsible business to our people and communities impacted by our business as well as the environment in which we operate. The GSP is currently in its fourth iteration, which was adopted by FGV’s Board of Directors on 17 November 2020. The latest review of the GSP involved a series of consultations with internal and external stakeholders including with civil society organisations. The GSP applies to the FGV Group as a whole, including its listed and non-listed subsidiaries worldwide, in which FGV has management control. Contractors, consultants, suppliers, vendors and all other third party companies including individuals working with them, should adopt responsible practices and at a minimum adhere to this Policy. Promoting economic growth We are committed to long term economic growth and will seek every opportunity to develop new sustainable earning streams that deliver value to our shareholders and stakeholders. We acknowledge the significant roles of our suppliers and vendors as part of the value chain in delivering sustainable products and services. Therefore, we expect the adoption of this Policy by all vendors and suppliers of the FGV Group and wherever possible we will lend support to assist them in meeting this objective. Respecting human rights We are committed to respecting human rights by upholding international human rights principles and standards as encapsulated in the Universal Declaration of Human Rights (UDHR), and other applicable international human rights treaties, subject to the laws and regulations of the countries and territories in which FGV Group operates. In fulfilling its responsibility to respect human rights, FGV Group is guided by the United Nations Guiding Principles on Business and Human Rights (UNGPs). Protecting the environment FGV Group recognises the impact of climate change and will play our part in reducing greenhouse gas (GHG) emissions in line with national commitments made in the Paris Agreement. FGV Group values its natural resources and endeavours to eliminate or minimise negative impact on the environment through the implementation of best practices and by continuously improving its sustainability performance. FGV Group is committed to adopting responsible measures to mitigate any negative impact that we may have on the environment. FGV Group shall ensure its operations adhere to our commitments to No Deforestation, No Peat and No Exploitation (NDPE). Where applicable, FGV Group shall initiate conservation efforts for the continuous protection of the ecosystem. 1 2 3 Group Sustainability Policy 33 SUSTAINABILITY REPORT 2020/2021 CLIMATE ACTION & ENVIRONMENT PROTECTION ADDITIONAL INFORMATION
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