Value Creation Is The Bedrock Of Our Business 96 FGV HOLDINGS BERHAD SPOTT RANKING PILLAR 3: PROTECTING THE ENVIRONMENT Sustainability Review As part of our SBTi journey, we are currently developing near-term and long-term reduction targets which will be validated by the SBTi. Using 2019 as the base year, FGV targets to reduce 50% of its carbon emissions by 2030. FGV will also advocate for ESG, including climate action, among its suppliers to achieve net zero emission in our value chain no later than 2050. 2015 2020 2025 2030 2035 2040 2045 Long-term science-based target FGV to reach net zero value chain GHG emissions no later than 2050 2050 Near-term science-based target FGV to reduce at least 50% of absolute reduction by 2030 Base year 2019 Near-term reduction target in line with 1.5˚C pathway to ensure immediate climate action A target that should be achieved by 2050 at the latest to reach net zero and limit global warming to 1.5˚C The commitment to the SBTi and net zero ambition includes all of FGV’s subsidiaries in Malaysia, as well as overseas Emissions CLIMATE ACTION PLAN We have established a groupwide Climate Action Plan to fulfil our commitment to reach net zero emissions by 2050. The plan covers six key strategic thrusts, which will be fundamental to our success in emissions reduction. To further strengthen the Climate Action Plan, a Climate Action Unit was set up to drive sustainability strategy and execute our climate action programmes at the working level. Water Management Establishment of climaterelated management roles, risk management and policies Climate Governance Waste Management Operational Efficiency Climate Awareness Carbon Management Climate Governance Becoming a zero-waste operation through circularity in support of the climate agenda Waste Management Establishment of internal regulations and standards to ensure best practices Operational Efficiency Becoming a net zero business through the SBTi Carbon Management Development of targets, metrics and measures to achieve water neutrality throughout FGV Water Management Programmes designed for stakeholders to raise awareness on climate change Climate Awareness
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