Integrated Agribusiness with Leading Brands Sustainability Report April 2018

Size: px
Start display at page:

Download "Integrated Agribusiness with Leading Brands Sustainability Report April 2018"

Transcription

1 2017 Sustainability Report April

2 Presentation Outline At a Glance Sustainability in Palm Oil: Our Approach Business Overview Environmental Performance Responsible Sourcing Product Integrity People and Community Appendix : Sustainability Programmes Employee Statistics Employee Welfare 2

3 3

4 At a Glance 4

5 Our business helps meet a growing global demand for palm oil. When grown responsibly, palm oil is an efficient use of scarce land resources and an important contribution to the national and rural economy. Efficiency and innovation contribute to sustainable agriculture, resilient communities and safer workplaces. We continue to make progress in achieving responsible and traceable supplies by integrating sustainable practices in our business and supply base. We set sustainability goals and targets to improve our performance. We focus on material topics as a way to achieve our long-term goals. Guided by our mission and values, our team comprises professionals with the requisite competences to manage material topics and impacts in order to preserve value over the long-term. Each key material issue, or topic, is managed by teams on the ground under a set of six Sustainability Programmes (see Appendix). 5

6 Sustainability in Palm Oil: Our Approach How we manage each material topic Each key material issue, or topic, is managed by teams on the ground under a set of six Sustainability Programmes. The management approach has a specific purpose: it intends to establish processes towards measurable improvement guided by targets OOO Programme sets strategy, governance, compliance and policy framework; delivery of performance improvement & monitoring OO Programme contributes indirectly to performance outcomes O Programme relates to topic, knowledge sharing occurs, relevant teams may interact on the ground 6

7 Sustainability in Palm Oil: Our Approach Governance Arrangement for Sustainability IndoAgri corporate governance safeguards shareholders interests and complies with relevant laws and regulation. Our Board actively considers sustainability issues, validates material ESG factors and oversees their management and monitoring. Overall guidance on sustainability is led by the CEO in a think tank that meets regularly and which comprises Executive Directors of the Group and principal subsidiaries. It is supported by Chief Operating Officers, the ERM unit, R&D team and sustainability representatives from all business units on management of ESG issues. Our Audit & Risk Management Committee is updated on a quarterly basis on matters relating to material sustainability risks and concerns. 7

8 At IndoAgri, we operate plantation and processing facilities to produce palm oil, rubber, sugar, timber, cocoa and tea. Our operations span the entire supply chain, from plantation management and crop production, through to refining, branding and marketing of edible oil products. 300,387 hectares nucleus planted area in Indonesia, covering all crops 89,441 hectares plasma planted area in Indonesia, oil palm and rubber 26 Palm Oil Mills FFB processing 6.6M tonnes 2 Sugar Mills/Refineries Cane crushing 2.2M tonnes 5 Refineries CPO processing 1.4M tonnes 8

9 Business Overview Our plantations and production facilities in Indonesia and Brazil 9

10 10

11 Environmental Performance We protect eco-systems and use resources efficiently so that we can meet the expectations of our stakeholders and preserve the environment. Progress Headlines 11

12 Environmental Performance Environment Target and Progress 12

13 13

14 Responsible Sourcing Work is under way to meet the robust environmental and social standards required by our stakeholders and customers so they can be confident of a traceable, responsible supply chain. Progress Headlines 14

15 Responsible Sourcing Responsible Sourcing Target and Progress 15

16 16

17 Product Integrity Our customers trust us to produce safe and healthy food products in a responsible way. Progress Headlines 17

18 Product Integrity Product Target and Progress 18

19 19

20 People and Community Our policies aim to ensure a workforce that is safe, committed to success, and working with integrity. Our workplace values diversity and respects the individual. We ensure we are a welcome member of the community by engaging with and listening to local stakeholders, while making a positive contribution. Progress Headlines 20

21 People and Community People Target and Progress 21

22 Appendix 22

23 Sustainability Programmes Embed sustainability within our internal operational processes and across our supply chains through 6 core programmes 1. Growing Responsibly Encourage and promote sustainability as core to our operations 2. Sustainable Agriculture and Products Achieve sustainable agriculture practices in our crop cultivation 3. Safe and Traceable Products Ensure all products ffrom refineries and mills are traceable, safe and beneficial for human consumption 4. Smallholders Support the nucleus plasma scheme by developing and inclusive supply chain 5. Work and Estate Living Improve the safety, hygiene, and living conditions for our employees, workers and their families living on the estates 6. Solidarity Support the development of local communities in and around our estates and factories by improving their existing conditions and quality of life 23

24 Employee Statistics 24

25 Employee Welfare 25

26 Contact Us Indofood Agri Resources Ltd. 8 Eu Tong Sen Street #16-96/97 The Central Singapore Tel: Fax: This presentation was prepared solely and exclusively for the parties presently being invited for the purpose of discussion. Neither this presentation nor any of its content may be reproduced, disclosed or used without the prior written consent of Indofood Agri Resources Ltd. This presentation may contain statements that convey future oriented expectations which represent the Company s present views on the probable future events and financial plans. Such views are presented on the basis of current assumptions, are exposed to various risks, and are subject to considerable changes at any time. Presented assumptions are presumed correct at the, and based on the data available on the, date at which this presentation is assembled. The Company warrants no assurance that such outlook will, in part or as a whole, eventually be materialized. Actual results may diverge significantly from those projected. Indofood Agri Resources Ltd. All rights reserved. 26