United Plantations Bhd 2022 AR2

The report highlights United Plantations Berhad's performance for the fiscal year 2022, during which the company achieved a record after-tax profit of RM606 million despite severe labor shortages and extreme weather. The company successfully completed the replanting of the Tanarata Estate and achieved a 62% reduction in greenhouse gas emissions per kilogram of palm oil produced compared to 2004 levels. Additionally, United Plantations Berhad reimbursed RM24.7 million to its guest workers for past recruitment fees to eliminate the risk of exploitation and enforce ethical recruitment principles.

Company: United Plantations Bhd

Sector: Consumer Staples

Country: Malaysia

Year: 2022

Type: AR2

Pages: 220

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United Plantations Bhd

United Plantations Bhd 2022 Annual Report

Annual Report

The report highlights United Plantations Berhad's performance for the fiscal year 2022, during which the company achieved a record after-tax profit of RM606 million despite severe labor shortages and extreme weather. The company successfully completed the replanting of the Tanarata Estate and achieved a 62% reduction in greenhouse gas emissions per kilogram of palm oil produced compared to 2004 levels. Additionally, United Plantations Berhad reimbursed RM24.7 million to its guest workers for past recruitment fees to eliminate the risk of exploitation and enforce ethical recruitment principles.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

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

Women on Board

Workplace Fatalities

Employees