Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Workplace
• Marketplace

Environmental Achievements

• Setting up an RSPO-compliant documentation system
• Implementation of environmental conservation efforts at estates (riparian buffers, wildlife habitat preservation, anti-poaching patrols)
• Biodiversity protection training sessions conducted for operating units
• Completion of an external High Conservation Value (HCV) assessment for existing estates
• Incorporation of environment-friendly technologies in Genting Indah Oil Mill (reducing BOD levels)
• Integrated pest management (pheromone traps, barn owls)
• Integrated nutrient management
• Proper treatment of palm oil mill effluents (POME) and use as organic fertilizer
• Recycling of palm fronds, empty fruit bunches, and palm kernel shells
• Environmental, Occupational Health and Safety Management System certification from SIRIM for all Malaysian oil mills
• Reforestation activities along the Tenegang Besar River

Social Achievements

• Independent social impact assessments conducted through consultative sessions with stakeholders
• Implementation of community development initiatives
• Gender equality and women’s rights awareness programs
• Formation of Women and Children’s Welfare Committees
• Support for community development programs (Plasma scheme in Indonesia)
• Donations to charities and support for educational causes (school uniforms, Kota Kinabalu High School, Kinabalu Foundation)
• Establishment and funding of Humana learning centers in Sabah
• Support for Universiti Putra Malaysia through the Tan Sri (Dr.) Lim Goh Tong Endowment Fund
• Sponsorship of the biennial International Conference on Agricultural Extension (AGREX ’10)

Governance Achievements

• Active participation in RSPO Executive Board and working groups
• Recognition as one of the Top 100 companies in the Minority Shareholders Watchdog Group’s Malaysian Corporate Governance Index 2010
• Active shareholder engagement through regular meetings and briefings
• Strict adherence to public disclosure of material information
• Participation in Tourism and Palm Oil National Key Economic Area Labs

Climate Goals & Targets

Environmental Challenges

• Adverse weather conditions impacting reforestation progress
• Ganoderma disease affecting oil palm

Mitigation Strategies

• Continued commitment to reforestation despite weather challenges
• Genomic research to develop early detection, treatment, and prevention solutions for Ganoderma

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions

Reporting Standards

Frameworks Used: RSPO

Certifications: Environmental, Occupational Health and Safety Management System certification from SIRIM (oil mills)

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Workplace
• Marketplace

Environmental Achievements

• All six Malaysian palm oil mills and their supplying estates achieved ISCC EU and ISCC PLUS certifications.
• Biodiesel plant in Lahad Datu, Sabah, secured ISCC certification.
• Over 80% of oil palm estates in Malaysia are certified to the Malaysian Palm Oil Board’s (MPOB) Code of Good Agricultural Practice.
• All six Malaysian palm oil mills hold MPOB Code of Good Milling Practice certificates.
• Malaysian oil mills are certified to ISO 14001:2004, OHSAS 18001:2007, and ISO 9001:2008.
• Implementation of integrated pest management, reducing pesticide dependence.
• Use of biomass as fertilizer and fuel, promoting waste management and energy self-sufficiency.
• Advanced effluent treatment systems ensuring final discharge meets safety standards.

Social Achievements

• Establishment of more plasma programs in Indonesia, raising the total land area developed for plasma to nearly 8,000 hectares.
• Ongoing collaboration with Borneo Child Aid Society, providing funds and assistance for Humana learning centers.
• Support for education through cash and kind donations to local schools and scholarships for deserving students in Malaysia and Indonesia.
• Regular participation in charitable events like the Kuala Lumpur Rat Race.
• Provision of amenities like housing, water, electricity, healthcare, and recreational facilities for plantation workforce.

Governance Achievements

• Voted as the “Best Mid-Cap Company for Investor Relations” in the 2013 Malaysia Investor Relations Survey.
• Active involvement in the development of Malaysian Sustainable Palm Oil standards and ISCC regional technical committee.
• Commitment to good corporate governance, transparency, and accountability.

Climate Goals & Targets

Environmental Challenges

• Balancing oil palm cultivation with environmental conservation in biologically diverse regions.
• Meeting growing global demand for resources amid scarcity of arable land.

Mitigation Strategies

• Thorough social and environmental impact assessments and HCV assessments before project commencement.
• Strict prohibition of illegal forest clearing.
• Preservation of HCV forests.
• Forest restoration efforts.
• Reduction of agrochemical use through effective application and organic alternatives.
• Integrated pest management approach.
• Biomass recycling.
• Advanced effluent treatment systems.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISCC EU, ISCC PLUS, MPOB Code of Good Agricultural Practice, MPOB Code of Good Milling Practice, ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2008

Awards & Recognition

• Best Mid-Cap Company for Investor Relations (2013)

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Workplace
• Marketplace

Environmental Achievements

• Achieved zero fatal accidents in 2015
• Genting Tanjung Estate received the National OSH Excellence Award for the plantation category
• Established a zero burning policy
• Implemented a proactive monitoring and emergency response mechanism for fire outbreaks
• Nation’s first truly zero-discharge oil mill in Pulau Jambongan, Sabah
• Purpose-built composting plant in Pulau Jambongan converts by-products into biofertilizers

Social Achievements

• Provided jobs and infrastructure to rural communities
• Supported local schools and students
• Collaborated with Borneo Child Aid Society to support Humana learning centers
• Established schools in Kalimantan Tengah and provided financial support to schools in Kalimantan Barat
• Provided scholarships through the Tan Sri (Dr.) Lim Goh Tong Endowment Fund
• Participated in Bursa Malaysia’s annual charity run

Governance Achievements

• Established formal policies covering social responsibility and corporate governance, including labor and human rights, as well as ethics and integrity
• Awarded ‘Best Managed Company (Medium Cap)’ and ‘Best for Disclosure and Transparency’ in Malaysia by Asiamoney

Climate Goals & Targets

Environmental Challenges

• Fires in the oil palm belt due to El Nino drought
• Maintaining sustainability standards across a global supply chain
• Addressing the need to maximize crop yield without putting additional pressure on available resources

Mitigation Strategies

• Implemented a zero burning policy and proactive fire monitoring and response mechanism
• Secured various sustainability certifications (RSPO, ISCC, MSPO, ISOP)
• Investing in new technologies for emission reduction, methane avoidance, and renewable energy use
• Implementing integrated pest management approach

Supply Chain Management

Responsible Procurement

• Compliance with RSPO Principles and Criteria

Climate-Related Risks & Opportunities

Physical Risks

• Fires due to drought

Reporting Standards

Frameworks Used: RSPO, ISCC EU, ISCC PLUS, MSPO, ISOP

Certifications: ISCC EU, ISCC PLUS, RSPO P&C, RSPO Supply Chain Certifications, MSPO, ISOP, ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2008, MPOB Code of Good Agricultural Practice, MPOB Code of Good Milling Practice, MS 1722:2011

Awards & Recognition

• National OSH Excellence Award (Genting Tanjung Estate)
• Best Managed Company (Medium Cap)
• Best for Disclosure and Transparency

Environmental Metrics

ESG Focus Areas

• Community Relations
• Marketplace Conduct
• Workplace Practices
• Environmental Stewardship

Environmental Achievements

• Implementation of a climate action plan and strategies to mitigate climate-related risks.
• Establishment and protection of conservation areas (e.g., Keruak Wildlife Corridor).
• Protection of areas with High Carbon Stock (HCS) and High Conservation Value (HCV).
• Zero burning policy implemented.
• Significant reduction in total hotspots identified (1256 in 2019 to 296 in 2020).

Social Achievements

• Updated Social Policy to reflect commitment to human rights.
• Establishment of GENP Careline System to assist workers.
• Implementation of COVID-19 CSR programs benefiting 75 neighboring Desa in Indonesia.
• Support for ten Humana learning centers in Sabah, catering to approximately 800 students.

Governance Achievements

• Development and approval of Anti-Bribery and Corruption System (ABCS) Policy.
• Implementation of a Whistleblowing Policy.
• 100% of GENP’s workforce received comprehensive anti-bribery and anti-corruption training.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and stakeholders.
• Complex supply chain requiring robust validation for traceability.
• Human-wildlife conflicts, particularly with elephants.
• Fires occurring within Indonesian concessions due to local community agricultural practices.

Mitigation Strategies

• Implementation of Group-wide standard operating procedures to address the COVID-19 pandemic.
• Initiation of a process to gradually verify the identity, locality, and legality of all direct raw material suppliers.
• Strategic partnership with Seratu Aatai, HUTAN, and SWD to mitigate elephant-human conflicts.
• Conducting awareness campaigns to educate local communities on fire prevention and sustainable farm development.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Developing a supplier code of conduct.
• Economic, environmental, and social review matrix for direct suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Fires, floods, changing weather patterns, biological stresses to oil palms

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: RSPO, ISCC, MSPO, ISPO

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 1
• Goal 3
• Goal 8
• Goal 12
• Goal 13
• Goal 15

Alignment with company strengths and areas of impact.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Recognition from BOSF for dedication to orangutan conservation.

Environmental Metrics

ESG Focus Areas

• Environment
• Community
• Workplace
• Marketplace

Environmental Achievements

• No HCV, HCS or peat area was cleared in 2023
• GHG Total: 188,944 tCO2eq
• Abided strictly with the Group’s Zero Burning Policy • No open burning cases in 2023
• Banned procurement and application of chemicals listed under Stockholm and Rotterdam Conventions
• Phased out the use of paraquat in the Group’s Malaysia operations

Social Achievements

• Provided decent living wages • Living quarters upgraded in 2023 • Ensured food and water security in workers’ housing
• Resolved 93% of issues through regular workers committee meeting
• Established and implemented an independent grievance mechanism, “Careline” supported by an independent third party
• 23% women in management • 20% women in Board
• Genting Indah Estate as a 2nd Place winner in the National OSH Excellent Awards 2022

Governance Achievements

• Zero bribery and corruption cases
• Two risk assessment exercises related to corruption were conducted, and there were no significant risks of corruption and neither were there any confirmed incidents of corruption found.
• 100% certified in Malaysia for RSPO, ISCC, and MSPO; 42% certified in Indonesia for ISPO

Climate Goals & Targets

Environmental Challenges

• Climate change impacts such as droughts and floods affecting production
• Fires in Indonesian operations (441 fires)
• Supply chain risks related to deforestation and labor practices

Mitigation Strategies

• Good agronomic practices and efficient water management
• Ongoing training, maintaining a robust inventory of equipment and establishing additional wells and water reserves in fire-prone areas
• Supplier engagement program, including risk assessments and traceability initiatives
• Six-month grace period for non-compliant suppliers, and a dedicated program addressing forced labor concerns

Supply Chain Management

Supplier Audits: 99% of FFB suppliers and 100% of CPO suppliers screened based on environmental criteria in 2023

Responsible Procurement

• Supplier Code of Business Conduct
• Mandating suppliers to undergo a risk assessment process which includes environmental, social and governance (“ESG”) criteria, apart from attaining certifications from the Roundtable on Sustainable Palm Oil (“RSPO”), Malaysian Sustainable Palm Oil (“MSPO”) and the Indonesian Sustainable Palm Oil (“ISPO”)
• Commitment to NDPE principles

Climate-Related Risks & Opportunities

Physical Risks

• Fires
• Floods
• Droughts

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, Bursa Malaysia’s Main Market Listing Requirement’s Enhanced Sustainability Reporting Requirements

Third-party Assurance: Internal Audit; ISCC external audit for GHG; seeking third-party assurance in coming years

UN Sustainable Development Goals

• SDG 1: No Poverty
• SDG 3: Good Health and Well-being
• SDG 8: Decent Work and Economic Growth
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action
• SDG 15: Life on Land

Alignment of material sustainability matters with relevant SDG indicators; strategies to achieve goals that directly impact operations

Awards & Recognition

• Genting Indah Estate – 2nd Place in the National OSH Excellent Awards 2022