Fraser & Neave Holdings Bhd Annual Report 2021

Another outcome from a strategic collaboration with our supplier is the setting up of a plant in Selangor by leading aluminium can manufacturer, Baosteel Group, from China. The plant will not only ensure a stable supply of cans at a lower cost for the Group but will enhance the supply chain for the industry as a whole. Additionally, we are linking our polyethylene terephthalate (PET) bottle supplier with a resin manufacturer to manufacture recyclable PET. This will greatly support the government’s plastic waste management initiatives. Within our organisation, we are facilitating greater integration by bringing our team together under one roof. Employees currently based at several o!ces in Kuala Lumpur are expected to relocate to the Shah Alam o!ce in mid-2022. With everyone working in the same place, we hope to enhance productivity and outcomes through enhanced internal communication and collaboration. Operationally, we have accelerated our digital journey and intensified the adoption of more systems driven by the latest technology under a Workplace 4.0 transformation. The idea is to evolve into a smart hybrid workplace where we achieve more with less; greater productivity at lower cost. This applies to our entire value chain, from procurement to manufacturing, marketing, sales and support functions. As a leading manufacturer of halal products, F&NHB has a role in facilitating the Halal Industry Development in Malaysia apart from maintaining halal integrity throughout the supply chain. Through the Halal Sourcing Partnership Programme, we partner with the Halal Development Corporation Berhad (HDC) in capacity-building programmes designed to help small and medium enterprises (SMEs) qualify as halal vendors for multi-nationals. This year, we successfully onboarded two companies as our suppliers and are in the midst of developing more. To further enhance the management of post-consumer consumption waste, we have teamed up with other industry leaders to establish the Malaysian Recycling Alliance (MAREA). The aim is to develop solutions for the sustainable management of post-consumer packaging waste through a multi-stakeholder approach. We are also a member of the CEO Action Network (CAN), an informal peer-to-peer coalition of CEOs and leaders in Malaysia. Through CAN, we hope to drive progress in ESG through collective commitment and knowledge exchange with similar-minded organisations in the country. INDUSTRY COLLABORATION IN UPLIFTING SUSTAINABILITY To ensure that the well-being of Malaysians are protected during this critical period, we further encouraged the public to stay hydrated by distributing more than one million bottles of 100PLUS at major vaccination centres 034 CHI EF EXECUT IVE OFF ICER’S STATEMENT