FGV Holdings Bhd 2020 IR
The report highlights FGV Holdings Berhad's financial and operational turnaround in 2020, recording a profit before zakat and tax of RM346 million despite challenges from the COVID-19 pandemic. As the world's largest crude palm oil producer, the company made significant progress in its transition to an integrated agribusiness by expanding its Integrated Farming and Consumer Products divisions. Key achievements include reaching 100% MSPO certification across all its mills and estates, and achieving 81% traceability to plantations. Additionally, the company advanced its sustainability agenda through its affiliation with the Fair Labor Association to enhance labor practices and continued its wildlife conservation efforts, including the rescue and rehabilitation of Malayan sun bears.
Company: FGV Holdings Bhd
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2020
Type: IR
Pages: 277
FGV Holdings Bhd
The report highlights FGV Holdings Berhad's financial and operational turnaround in 2020, recording a profit before zakat and tax of RM346 million despite challenges from the COVID-19 pandemic. As the world's largest crude palm oil producer, the company made significant progress in its transition to an integrated agribusiness by expanding its Integrated Farming and Consumer Products divisions. Key achievements include reaching 100% MSPO certification across all its mills and estates, and achieving 81% traceability to plantations. Additionally, the company advanced its sustainability agenda through its affiliation with the Fair Labor Association to enhance labor practices and continued its wildlife conservation efforts, including the rescue and rehabilitation of Malayan sun bears.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Women in Management
Employees