Far East Holdings Berhad 2024 AR2
The report highlights Far East Holdings Berhad's financial and operational performance for the fiscal year 2024, emphasizing its commitment to sustainable palm oil production. The company achieved a significant 31% increase in Fresh Fruit Bunches (FFB) production, reaching 382,156 MT, and recorded a 59% revenue growth to RM863.59 million. Key sustainability milestones include maintaining MSPO certification across all thirteen estates and ISCC certification for five estates and one mill. Additionally, the company conducted a double materiality assessment to align ESG priorities with financial risk management and invested in semi-mechanization to address labor challenges.
Company: Far East Holdings Berhad
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2024
Type: AR2
Pages: 196
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Far East Holdings Berhad
Annual Report
The report highlights Far East Holdings Berhad's financial and operational performance for the fiscal year 2024, emphasizing its commitment to sustainable palm oil production. The company achieved a significant 31% increase in Fresh Fruit Bunches (FFB) production, reaching 382,156 MT, and recorded a 59% revenue growth to RM863.59 million. Key sustainability milestones include maintaining MSPO certification across all thirteen estates and ISCC certification for five estates and one mill. Additionally, the company conducted a double materiality assessment to align ESG priorities with financial risk management and invested in semi-mechanization to address labor challenges.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Employees