Fraser & Neave Holdings Bhd Sustainability Report 2020

IMPACT OF COVID-19 FOR OUR BUSINESS AND STAKEHOLDERS In 2020, the unprecedented situation caused by the COVID-19 pandemic had significant impacts on people and businesses around the world. It has reiterated the materiality of environmental and social topics by showing just how connected we are as a global society and how sustainability risks can very quickly create an impact across the economic system. COVID-19 highlights the importance of our Economic and Social material issues including Consumer Health & Safety, Occupational Health and Safety, Sustainable Sourcing, Creating Value for Society, and Innovation. Our commitment to addressing sustainability through our material issues helps ensure the resilience of our business and our stakeholders against external shocks such as COVID-19.