Fraser & Neave Holdings Bhd Annual Report 2021

HUMAN RIGHTS F&N is committed to upholding and promoting the human rights of all our stakeholder groups. This year, we conducted our inaugural Human Rights Due Diligence process to understand actual and potential human rights issues faced by our stakeholder groups. It is fundamental for our business to respect and promote the human rights of our stakeholders. We work to continuously improve stakeholder’s health and well-being and treat all our stakeholders with dignity, respect, and equality. At F&N, human rights is managed through holistic policy commitment, conducting of human rights risk assessment, integrating findings and designing mitigation measures to potential impacts, tracking and communicating performance and remediating adverse impacts. 100% of our operations have been subjected to human rights reviews or impact assessments in FY2021 zero Loss Time injury case for employees A total of 1,417 employees participated in 10,434 hours of safety training F&N installed a large water storage tank Supply 1,680,000 litres of water to 180 households across communities in Chaiyaphum Province The Extra Non-dairy Half Creamer for Cooking and Baking (net weight of 385g) is F&N’s first low-carbon footprint product certified by Thailand Greenhouse Gas Management Organisation Carbon footprint @ 295kg CO 2 6. OPERATIONAL ECO%EFFICIENCY We promote circularity and environmental e&ciency in our operations through the management of energy, water and waste to reduce our negative impacts on the environment. ENERGY AND CLIMATE CHANGE Climate change is a defining global challenge of the 21 st century, presenting risks to the global economy. F&N is committed to reducing our energy intensity and GHG emission intensity at our plants as one of the main priorities for our 2025 targets. Our approach is guided by our Energy Management policy with five focus areas: Energy e&ciency in our operations, Renewable energy and sourcing and generation, Route planning, Operations’ exposure to climate change risks, and Reducing carbon in our value chain. Managing this topic presents the opportunity to turn challenges and risks into climate-related opportunities for F&N – cost savings, energy savings, alignment with customer ambitions and support and contribution to the development of government policies. WATER STEWARDSHIP Water is an important resource for F&N, as it is used extensively in our products as well as in operational processes. The success to our business depends on a reliable supply of water and e!ective water management. While none of our sites are in high water-stress areas, many regions in both Thailand and Malaysia have faced floods in recent years, and the e!ects of climate change are expected to intensify water stress in the future. Guided by the F&N Environmental, Safety and Health Policy and the principles of a circular economy, we developed initiatives to increase water security and reduce our water consumption. We utilise a range of water assessment and action policies in all our facilities, and associated risks are regularly monitored as part of F&NHB enterprise risk management (ERM). WASTE MANAGEMENT Effectively managing our waste enhances F&N’s ability to conserve natural resources and improve efficiency. Under the guidance of our Environmental, Safety and Health Policy and the principles of a circular economy, F&NHB applies strict standards over the quality of our e'uent discharges and we continuously explore how ‘waste’ from our operations can be minimised and put to alternative uses. Our initiatives include embarking on Zero Waste to Landfill, Raising Employee Awareness, and managing Food Loss & Waste in the value chain. 10MWp rooftop solar system in Malaysia Estimated carbon avoidance of 9,000 tonnes CO 2 e per year, equivalent to approximately 2,000 cars driven annually 156 SUSTAINABI L I TY STATEMENT