PROMOTING ECONOMIC GROWTH SEC 2 48 COMMUNITY DEVELOPMENT Community engagement serves as an opportunity for us to champion sustainable development within our operations and the surrounding areas. At FGV, we actively conduct stakeholder consultation programmes and Social Impact Assessments (SIA) among the community in areas where we operate. Our commitment involves ensuring compliance with RSPO principles and criteria, MSPO standards, and policies governing communication, dispute resolution and negotiations with stakeholders. We also conduct SIAs to achieve harmonisation, prevent conflicts and ensure adherence to social and environmental requirements. This proactive approach aims to prevent conflicts and negative impacts while fostering awareness on our sustainability initiatives. WHY IT IS IMPORTANT PROMOTING ECONOMIC GROWTH Target How we support the SDG Promote well-being for all at all ages Demonstrate FGV’s commitment to supporting and contributing to children’s enjoyment of their rights and encouraging their healthy upbringing through sport. It will promote the spirit of international exchanges and mutual understanding of different cultures and values. Providing funds for participation fees. • FELDA football team’s participation in the ASEAN Japan U13 Football Cup 2023 Ensure students acquire the knowledge needed to promote sustainable development through environmental education Scholarships for higher education Providing funds for the eco project and scholarships • Green Growth Eco School Programme • Global Digital Leadership Programme partnering with Asia Pacific University Of Technology & Innovation (APU) and coordinated by Yayasan Felda CONTRIBUTION TO THE UN SDGs OUR APPROACH We remain steadfast in our commitment, guided by the principles outlined in our Group Sustainability Policy, specifically in Section 5.2.3: Respecting the Rights of Indigenous Peoples and Local Communities. FGV is also guided by its CSR Policy, the RSPO Principles & Criteria, Communication, Engagement and Negotiation Procedure and Social Impact Assessment Guidelines. In 2023, the Group Sustainability Division allocated and executed a phased stakeholder engagement initiative. Additionally, SIAs were conducted to gather feedback from various stakeholder groups, to identify and mitigate both negative and positive impacts stemming from FGV’s operations, thereby driving continuous improvements. The insights gathered will help us in developing strategies to mitigate negative impacts, implement corrective actions and enhance positive outcomes. We also strive to build trust among stakeholders, prevent miscommunication and raise awareness about our sustainability initiatives. This includes educating stakeholders on our efforts in labour compliance, prohibiting forced labour, child labour and human trafficking.
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