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Chairman's Message
03
CEO's Statement
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Facts At A Glance
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Group Financial Highlights 2022
06
Sustainability at F&N
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Basis of the Report
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FY2022 Highlights
2
FY2022 Highlights
BETTER BUSINESS
Capturing Opportunities,
Furthering Growth and Building a Better, Responsible Business
Responsible Product Stewardship
100
%
of plants and production processes are certified with
Halal Standard
14
new products introduced
6
are healthier options
13
%
of product innovation
for commercialised F&N products
THB
30
million
annual cost avoidance through employee-driven innovation projects in 2022
Responsible Supply Chain
Engaged with
>
2,300
global and local suppliers
Annual procurement spent of RM3.75 million
99
%
of our active key suppliers
have accepted
F&N Group's
Supplier Code of Practice.
Sustainable Palm Oil
23
%
Physical RSPO palm oil
77
%
RSPO credits
Embarked on
F&N Business Partner Award
to drive supply chain excellence
Built the capacity of
>
2,000
farmers in Thailand,
through the Farming Excellence System
Better Society
Responding to Our Stakeholders with a Commitment to the Betterment of All
Creating Value For Society
50
%
(2013 - 2022)
reduction of sugar per ml of our total beverages
58
%
of products are in compliance with
national nutritional guidelines
>
90
%
of the Ready-To-Drink (RTD) beverages sold
are considered as healthier options with less sugar
68
products
certified with Healthier Choice Symbol/Logo
Restarted the annual nationwide School Recycling Programme to promote 5R among school children
5R - Reduce, Reuse, Recycle, Rethink & Reinvent
Community investment for the year
>
RM
1,500,000
Restarted the annual nationwide School Recycling Programme to promote
5R among school children 5R - Reduce, Reuse, Recycle, Rethink & Reinvent
Community investment for the year
>
RM
1,500,000
100
%
of our operations underwent
human rights risk assessments
100
%
of our operations underwent
human rights risk assessments
Empower Our People
2,352
number of employees
Female Representation
30
%
Total workforce
45
%
Managerial positions
30
%
Total workforce
45
%
Managerial positions
22
training hours per employee in the executive category
13
training hours per employee in the non-executive category
85
%
of our employees underwent ESG-related training in 2022
>
19,300
hours
Maintained
0
high-consequence work-related injury
0
work-related fatality
0
work-related fatality
71
%
of employees participated in annual safety, health and well-being programmes
>
1,200
employees
participated in
>
16,000
hours
of safety trainings
71
%
of employees participated in annual safety, health and well-being programmes
>
1,200
employees
participated in
>
16,000
hours of safety trainings
BETTER PLANET
Playing Our Part to Ensure a Sustainable Value Chain
Operational Eco-Efficiency
Conducted our first climate-related impact assessment
and begin phased implementation of TCFD recommendations
Our first year reporting
scope 3 emissions
>
87
%
of solid waste was reused, recycled or recovered
Integrated Warehouse in Thailand and Malaysia Reduces
1,400
tonnes CO
2e
emission annually
Equipped with state-of-the-art
ASRS
technology
Maximise
storage efficiency, reduce operational costs, shorten delivery lead-time to customers and reduce carbon footprint
Integrated Warehouse in Thailand and Malaysia Reduces
1,400
tonnes CO
2e
emission annually
Equipped with state-of-the-art
ASRS technology
Maximise
storage efficiency, reduce operational costs, shorten delivery lead-time to customers and reduce carbon footprint
Value Chain Impacts
2
plants have achieved
ZERO waste to landfill
Kota Kinabalu Plant
Rojana Plant
25
%
recycled content in
beverage and dairy packaging
>
99
%
of packaging is recyclable
Pulau Indah Plant
100
%
of industrial sludge from dairy production
Rojana Plant
545
MT
converted to organic fertiliser and distributed to local farmers
Kuching Plant
100
%
of Okara waste
675
MT
converted to organic feed by local organic chicken farm