FGV HOLDINGS BERHAD | SUSTAINABILITY REPORT 2022/2023 43 PROMOTING ECONOMIC GROWTH ANTI-CORRUPTION & ANTI-BRIBERY The prevention of fraud, corruption and bribery is crucial to protect our integrity and reputation, which is key for building trust with our customers, investors and partners. Our focus is on ensuring compliance with regulatory requirements to prevent fines, penalties and legal action, safeguarding our finances and reputation. We are committed to embedding an awareness culture on anti-fraud, bribery and corruption, not only to enhance our reputation as a company that conducts itself with integrity and ethics, but also to foster a positive work environment. This approach creates a workplace culture that is built on trust, integrity and accountability. WHY IT IS IMPORTANT CONTRIBUTION TO THE UN SDGs FGV conducted Anti-Bribery and Corruption Training and communicated respective policies and procedures to its Board of Directors and Employees. SDG target How we support the SDG Substantially reduce corruption and bribery in all their forms. PROGRESS AND ACHIEVEMENTS To further mitigate bribery and corruption in our operations, we assess our operations once a year for risks related to corruption. In 2023, risk assessments were conducted in 94% or 34 out of 36 of our operations. The assessments found that there were risk of gratification for receiving low quality fresh fruit bunch at mills and also a risk of data manipulation by researchers and workers. Additionally, in our commitment to zero bribery, fraud and corruption, we conducted training sessions and communicated our anti-bribery and corruption policies to ensure that our people are well-versed in our approach. OUR APPROACH FGV maintains a zero-tolerance approach towards all forms of bribery, fraud and corruption. We are committed to conducting our business with integrity, ensuring that we uphold the highest standards of ethics in our business dealings and relationships. We have a comprehensive Anti-Bribery Policy Statement, Anti-Bribery Management System Manual and other policies which guide us in our conduct, helping us to identify instances of fraud, bribery and corruption in our business transactions, operations and day-to-day processes. Our employees are trained to uphold integrity and ethical practices in all their business dealings.
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