PROMOTING ECONOMIC GROWTH SEC 2 24 The foundation of FGV’s business is operational excellence, which promotes optimum standardisation for increased productivity and cost reduction to enhance our financial sustainability while upholding the United Nations Sustainable Development Goals (UN SDG 8). Through the adoption of the Kaizen strategy, which promotes a culture of continuous improvement, we aim to lower costs by embracing technology, increasing productivity and efficiency, and positioning ourselves as a leader in integrated operations. Our operational excellence allows us to cultivate a high-performing workforce that exemplifies our PRIDE-based internal culture through human capital upskilling. We also remain committed to safeguarding our workers welfare and occupational health and safety. Our top priorities are: • Employees’ welfare and occupational health and safety • Optimise processes to enhance productivity, improve quality and reduce cost • Process automation and digitalisation • Embrace sustainability • Improve financial performance and maximising profit WHY IT IS IMPORTANT PROMOTING ECONOMIC GROWTH OPERATIONAL EXCELLENCE SDG target How we support the SDG Protect Labour Rights and Promote Safe Working Environments Promoting systematic housekeeping, organised and clean workplace as well as safe and hygiene aspects in the employees working environment, housing area and amenities through the implementation of the 5S methodology. CONTRIBUTION TO THE UN SDGs OUR APPROACH In line with UN SDG, FGV has collaborated with the Malaysia Productivity Corporation on FGV’s Transformation of the Plantation Sector Plan from 2019 to 2030. Set in three phases, the Business Operational Excellence Roadmap is an essential force for organisational transformation, driving the performance excellence culture in our plantation business. Since 2019, Operational Excellence has served as a catalyst for unlocking business value by initiating the dynamic changes required for the sector to consistently maintain a state of readiness for delivering exceptional performance.
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