Turning Strategy Into Outcomes 34 FGV HOLDINGS BERHAD Stakeholders Engagement • 112,638 settlers surrounding FGV estates and mills that benefit from plantation income through FELDA • Provide 45% of FGV’s FFB supply WHY IT MATTERS FELDA SETTLERS • Meetings, engagements and dialogues (virtual, face-to-face) • Company events and activities such as roundtables • Annual General Meetings • Internal feedback ENGAGEMENT APPROACH • Fair FFB Pricing • Environmental and social responsibility • Community engagement AREAS OF CONCERN • Improve the livelihoods of the local communities around the areas we operate in through corporate social responsibility and investing in various educational programmes • Launched the Independent Smallholders Consultation Programme to create awareness on the smallholders’ role in sustainable palm oil industries • Community outreach to foster positive relationships and demonstrate FGV’s commitment to the welfare of FELDA settlers OUR RESPONSE INVESTORS & CAPITAL PROVIDERS • Steady financial capital input indicates confidence in FGV to grow its business • Company website and social media updates • Meetings, engagements and dialogues (virtual, face-to-face, hybrid) • Annual General Meetings • Company briefings • Roadshows and site visits • External surveys and feedback • Maximisation of shareholder value • Progress and compliance with sustainability standards • Relevant issues and updates in the industry • Financial performance of the Company • Embed sustainable approach across the value chain to ensure business continuity • Implement internal controls and monitor for any instances of non-compliance • Ensure productivity and efficiencies within business operations • Provide timely and accurate information for investors to make informed decisions JOINT VENTURE & BUSINESS PARTNERS • Collaborative partnership with industry experts to create products and services for the market • Company strategy and business growth • Implementation of cost efficiency • Combination of expertise and skills WHY IT MATTERS ENGAGEMENT APPROACH AREAS OF CONCERN OUR RESPONSE WHY IT MATTERS • Company website and social media updates • Meetings, engagements and briefings (virtual, face-to-face, hybrid) • Company events and activities such as mentoring and roundtables • Company intranet and newsletter • Site visits, audits and inspections • External surveys and feedback ENGAGEMENT APPROACH AREAS OF CONCERN • Develop a model with FGV’s joint ventures and business partners to identify sustainability risks associated with specific geographical areas in order to ensure better traceability of our products • Conduct workshops and knowledge-sharing sessions to improve overall capabilities that can lead to enhanced performance and innovation OUR RESPONSE KEY RELATED MATERIAL MATTERS KEY RELATED MATERIAL MATTERS KEY RELATED MATERIAL MATTERS
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