FGV HOLDINGS BERHAD | SUSTAINABILITY REPORT 2022/2023 17 At FGV, sustainability embodies both commitment and responsibility to stakeholders, society, and the planet. We prioritise sustainable practices to sustain adequate living standards, bolster economic prosperity, and protect environmental well-being. Central to our ethos is the recognition of the imperative to adopt responsible practices, safeguarding natural resources as fundamental to our business operations. Our business model hinges on the preservation and sustainability of the natural capital, emphasising the critical importance of renewable and non-renewable environmental resources. This is evident in our commitment to a circular economy, whereby sustainability considerations are integrated across all facets of our operations, reflecting our dedication to preserving the environment. Guided by ethical principles, we uphold human rights and environmental protection as core drivers in our sustainability endeavours. Leveraging our expertise and resources, we are committed to creating sustainable value for our business and stakeholders without compromising the availability of natural resources for our future generations. OUR STORY Our Sustainability Commitment Our business faces constant scrutiny and stringent regulations worldwide due to its large footprint, raising concerns about its potential negative impacts on natural resources and ecosystems, community and workers’ rights. These concerns include deforestation, biodiversity loss, pollution, and labour practices. Addressing these issues, building trust, and adopting responsible practices are central to our sustainability efforts. We aim to integrate sustainable practices across all aspects of our operations to explicitly reaffirm our commitment to sustainability. As we progress on our sustainability journey, our goal is to make sustainable practices a routine and integral part of our business operations, moving towards making them “business as usual”. As our business focuses on on plantation, sugar and logistics, sustainability is key to our operations. We take measures to mitigate the environmental and social impacts arising from our activities.
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