Fraser & Neave Holdings Bhd Sustainability Report 2019

Target: To purchase 100% of Roundtable on Sustainable Palm Oil (RSPO) credits for palm oil usage by 2020 (31,000 credits) Progress in 2019: On target - 70% of RSPO credits for total projected palm oil usage (21,400 credits) A s a market-leading food & beverage company, we constantly work with our business partners, suppliers and vendors to deliver mutually sustainable solutions which create long lasting value. We also lead by example, encouraging others to improve sustainability performance throughout our supply chain. SUSTAINABLE SOURCING GRI 204-1 RESPONSIBLE SUPPLY CHAIN Our target for ‘Sustainable Sourcing’ specifically relates to palm oil. Although this represents a relatively minor proportion (less than 3% of total expenditure on products and services), it has potentially major indirect impacts as irresponsible oil palm cultivation has caused – and continues to cause – significant environmental and social damage. We understand that our actions and business practices pertaining to the sourcing of sustainable palm oil is important and, becoming an ordinary member of RSPO in August 2017, we re-iterate our commitment to using only Certified Sustainable Palm Oil (CSPO) in our products by 2025. Managing Our Impacts S U S T A I N A B I L I T Y R E P O R T 2 0 1 9 083