FGV HOLDINGS BERHAD | SUSTAINABILITY REPORT 2022/2023 113 i. Data compilation and analysis: • Stakeholder materiality assessment survey • Materiality assessment workshop ii. Materiality matrix: • Finalisation of 20 Material Matters Assessment Results 5 MATERIALITY ASSESSMENT SUMMARISED METHODOLOGY i. Meetings with FGV’s Sustainability team to understand the context and scope of the business ii. Determine the stakeholder groups that are relevant to FGV Understanding The Organisation’s Context 1 i. Groups of stakeholders engaged: • 10 ii. Engagement method: • Stakeholder online materiality assessment survey Stakeholder Engagement 4 i. Standards and guidelines: • Identification of key material matters in the agriculture industry as recommended by local and global standards and guidelines which included GRI, MSCI, SASB and Bursa Malaysia ii. Peer analysis: • Identification of key material matters described by peers within the plantation industry which included two (2) international and six (6) local peers Desktop Analysis 2 i. Key attendees: • C-Suites • Heads of Divisions ii. Materiality selection and justification: • ESG overview • Benchmarking and Identifying material matters Materiality Workshop 3 The following is a list of material matters that are relevant to FGV’s operations and stakeholder interests: Economic Environment Social Governance Operational Excellence Biodiversity and Land Management Community Development Regulatory Compliance and Sustainability Certifications Traceability, Responsible Sourcing and Supply Chain Management Climate Action Diversity, Equity, Inclusion Data Security and Protection Business Development and Product Quality Energy Management Talent Development Corporate Governance and Risk Management Economic Impact* Soil, Pest and Disease Management Upholding Human Rights and Labour Standards Anti-Corruption and Anti-Bribery* Waste Management Occupational Health and Safety Water Use* Smallholders* * Note: New material matter added
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