PROTECTING THE ENVIRONMENT SEC 4 92 PROTECTING THE ENVIRONMENT The increase in energy consumption within FGV operations in 2023 can be attributed to the return to regular business operations compared to 2022, when nationwide COVID-19 lockdowns impacted FGV’s activities. GOING FORWARD FGV will explore collaborations with pipeline gas off-takers and developers to transform greenfield mills into biomethane facilities. At present, FGV is in the process of implementing rooftop solar installations on its existing assets. This initiative aims to expand FGV's renewable energy portfolio, aligning with both FGV’s Net Zero commitment and the National Energy Transition Roadmap (NETR). Shell Recovery Rate (SRR) (%) 1.32 1.34 1.14 2023 2022 2021 Energy Performance 151,019,534 kWh 2023: 2022: 149,106,810 kWh Total Energy Consumption Energy Audit Conditional Grant (EACG) We are pleased to showcase DOPSB, FGV KP and MSM as our strategic utilisation of energy audit conditional grants, which have enabled us to conduct thorough energy audits across our selected facilities. These initiatives made possible through financial support, have empowered us to identify and implement targeted energy-saving measures. By leveraging on these grants, we not only bolster our sustainability efforts but also demonstrate our commitment to responsible resource management. Sustainable Energy Management Standard (SEMS) Additionally, we aim to establish Sustainable Energy Management Systems (SEMS) by 2024, with the goal of achieving the Energy Management Standard Gold Standard 1-Star rating conferred by the ASEAN Energy Management Scheme (AEMAS). This standard goes beyond simple compliance, indicating an unwavering commitment to optimising energy usage, reducing environmental impact and achieving economic benefits all at the same time. FGVKP-Pasir Gudang plant has been successfully certified with one (1) star of the EMGS and with the aim of achieving twostar certification in 2024. We also plan to apply these energy management standard to the other facilities across our operations. Solar Energy In 2023, solar photovoltaic (PV) systems were installed at MSM Prai and MSM’s Sungai Buloh Warehouse, generating an estimated capacity of 2.095 MWp and 0.547 MWp respectively. We are also in the process of installing rooftop solar panels on our existing assets to increase our renewable energy mix, aligning with FGV’s Net Zero commitment and the National Energy Transition Roadmap (NETR). Biomass Initiatives Since the early 2000s, FGV has been a pioneer in biomass-to-energy projects, including Feed-in-Tariff, biomethane and rural electrification. We have also diversified into fortified organic fertiliser, contributing to the circularity of a sustainable economy. We are currently exploring the potential of lower calorific value (CV) biomasses. Biomethane Projects FGV is currently in the process of expanding its biomethane projects at greenfield mills. We are evaluating these projects to ensure their profitability and positive environmental impacts. This proactive approach is established in anticipation of the forthcoming National Climate Change Bill, which will be developed by the Malaysian government. FGV is also continually striving to enhance the efficiency and utilisation of FGV’s biomass power generation assets. Currently, we are working with pipeline gas off takers and developers to convert greenfield mills to biomethane. Resource Efficiency and Industrial Symbiosis Opportunity Assessment (REISO) FGV is collaborating with SIRIM to assess, identify and present opportunities for cost optimisation and environmental impact reduction through resource minimisation and by-product reutilisation. This initiative will enable our business units to explore potential manufacturing efficiency, productivity, and cost savings that correlate with cleaner production.
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