Fraser & Neave Holdings Bhd Sustainability Report 2021
Fulfil and enhance the energy management system as energy conservation is one important part of our operations Well manage and utilise energy conservation technology and best practices as part of our continuous improvement Implement and improve energy management system to comply with relevant laws and regulations Conduct energy improvement programme to optimise business operations Promote, support and manage energy conservation e+ciently 1 2 3 4 5 Our Energy Management Policy All our operations in Malaysia and Thailand are guided by the following principles: Our Energy and Climate Change Strategy, which aligns with ThaiBev’s climate change and energy strategy, is broken down into five priority areas: • Energy e+ciency in our operations • Renewable energy and sourcing and generation • Route planning • Operations’ exposure to climate change risks • Reducing carbon in our value chain TARGET • Reduce the Group’s energy intensity ratio at our plants (from a 2020 baseline) by 8% Progress Our group energy intensity ratio increased 5% to 911.0 (as compared to FY2020 baseline at 865.4), impacted by the lower production volume at our plants due to COVID-19 pandemic • Reduce the Group’s GHG emissions intensity ratio at our plants (from a 2020 baseline) by 8% Progress Our group GHG emissions intensity ratio increased 3% to 0.068 (as compared to FY2020 baseline at 0.066), impacted by the lower production volume at our plants due to COVID-19 pandemic F&NHB operations, including manufacturing, storage and transportation, require energy. We have applied a range of initiatives, based on circular economy principles to improve our energy performance. Our approach is guided by our Energy Management policy. This is a guideline that we regularly review to ensure that it is valid and up-to-date. All our operations in Malaysia and Thailand are guided by the following principles: GRI Index: GRI 302-1, GRI 302-3, GRI 305-1, GRI 305-2, GRI 305-4 Climate change is a defining global challenge of the 21 st century, presenting risks to the global economy. For F&N, climate change presents risks including price fluctuations on raw material commodities, and access to water resources. Managing this topic also presents opportunities for F&N, for example cost savings, energy saving, alignment with customer ambitions, and support and contribute to the development of government policies. The manufacturing industry consumes significant amount of energy and F&N recognises the need for low carbon economy transition. F&N firmly believes that we have a role play, to contribute and to take part in this global e*ort to reduce Greenhouse Gas (GHG) emissions and reduce our carbon footprint. 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. As part of our contribution, we also have a responsibility to help minimise carbon footprints across our value chain, ranging from manufacturing, packaging, storage and logistics, to end use and disposal. ENERGY AND CLIMATE CHANGE APPROACH SDG 12: Responsible Consumption and Production SDG 8: Decent Work and Economic Growth SDG 9: Industry, Innovation and Infrastructure SDG 7: A*ordable and Clean Energy OUR 2025 COMMITMENTS Operational Eco-Efficiency 097 Fraser & Neave Holdings Bhd ! Sustainability Report 2021
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