Fraser & Neave Holdings Bhd Annual Report 2019

WWW . F N . C O M . M Y 064 F R A S E R & N E A V E H O L D I N G S B H D st rategic report > MATERIAL ISSUES TALENT MANAGEMENT People Are Vital Assets as they help determine how well we perform, executing our strategies into action. We strive to recruit the best talent and create a stimulating work environment, where talent is nurtured, and employees are engaged and empowered to reach their highest potential. We contribute to the economic well-being of employees through a fair and competitive remuneration package. Our Talent Management strategy is guided by: • Human Capital Roadmap to 2020. • Seven Modules for Strategic Human Capital Transformation. – Clear structure and roles – Market-oriented compensation and benefits – Recognition-based performance management – Holistic high performer retention and development – Proactive succession and workforce planning – Engaging corporate culture – Strategic talent acquisition and onboarding To provide an average of at least 12-training hours per employee per year by 2020 ENVIRONMENTAL STEWARDSHIP Managing Our Environmental Impact We implement environmentally sustainable business practices and guided by the principles in our Environmental, Safety & Health Policy. i. Water Stewardship We seek to use water efficiently across the value chain and employ water resources risk management to ensure sufficient water for our production purposes. ii. Effluents and Waste We comply with international and national standards in effluents and waste management. These include actions to minimise waste in the production process and post consumption. iii. Energy and Climate Change We curb our contribution to climate change by managing our GHG emissions from our production processes and transport. This includes creating greater energy efficiencies in our operations and using as much renewable energy as possible. • Energy Management Various initiatives are being undertaken at our manufacturing plants to optimise our energy consumption and minimise our environmental footprint. • Energy Efficiency Supporting the government’s target of reducing the country’s GHG emissions intensity. To reduce the water ratio at our plants by 5% from 2017 by 2020. To reduce wastewater discharge by 5% from 2017 by 2020. To reduce energy intensity by 5% from 2017 by 2020. i. Water Stewardship Efficient water management practices are fundamental for business growth, especially in beverage manufacturing. ii. Effluents and Waste To ensure the waste from our manufacturing processes do not have a negative impact on the environment or communities. iii. Energy and Climate Change The need to reduce carbon footprint and reinvent our procedures and adopt energy efficient systems across our value chain. CREATING VALUE FOR SOCIETY Sustainable business development occurs when our communities develop alongside us. We strive to create positive impacts on local communities through social development, economic and environmental initiatives. We undertake a number of long and short-term programmes that serve to create greater social equity across Malaysia and Thailand by implementing appropriate programmes to address community needs and concerns in four areas: • Strengthening Vulnerable Groups • Promoting Environmental Consciousness • Promoting Healthy Lifestyles and Nutrition • Spreading Festive Cheer To provide outreach and engagement programmes across Malaysia and Thailand by exploring and implementing appropriate outreach programmes to address community needs MATERIAL ISSUES OUR RESPONSE TARGET