F&N's Sustainability Focus Areas & 2025 Targets
In 2020, we have set ambitious sustainability performance targets to be achieved by 2025. We have focused our targets on the 12 highest priority material issues. These 2025 goals will drive F&N's sustainability performance throughout our business and strengthen our commitment to creating long-term value for our stakeholders.
Material Issue 2025 Target 2022 Progress
PRODUCT QUALITY & SAFETY
Achieve 100% of our plants and production processes certified with the Food Safety System Certification scheme 22000 (FSSC22000) and Halal Standard (or equivalent) 100% of our plants and production processes are certified with Halal Standards. 50% of our plants and production processes are certified with Food Safety System Certification 22000 (FSSC).
INNOVATION
Achieve 10% product innovation for commercialised F&N products from 2020 baseline 13% product innovation for commercialised F&N products.
SUPPLY CHAIN STEWARDSHIP
100% of our active key suppliers accept and comply with F&N's Supplier Code of Practice (SCOP) 99% of our active key suppliers have accepted and complied with our SCOP, of which all our direct suppliers have accepted.
NUTRITION
At least two third of beverage and dairy products1 comply with the Nutritional Guidelines 58% of our beverage and dairy products are endorsed with Healthier Choice Logo.
COMMUNITY DEVELOPMENT & INCLUSIVE GROWTH
Increase the number of annual community programmes to 11 11 community programmes conducted this year, an increase of 10% compared to FY2020 baseline.
HUMAN CAPITAL DEVELOPMENT
Provide an average of at least 18 hours of training to executive level employees and 11 hours of training to non-executives 22.2 training hours per employee in the executive category and 13.1 training hours per employee in the non-executive category
EMPLOYEE SAFETY, HEALTH & WELL-BEING
Reduce the Lost Time Injury Frequency Rate (LTIFR) to 0 Our lost time injury rate was 1.28 in FY2022, due to 6 recordable lost time injury cases at our plants in Malaysia and Thailand.
ENERGY
Reduce the Group's energy intensity ratio at our plants by 8% from a 2020 baseline Our group energy intensity ratio has improved by 1% to 860.29 (as compared to FY2020 baseline at 868.56), contributed by the various energy improvement initiatives at our plants.
CLIMATE CHANGE
Reduce the Group's greenhouse gas (GHG) emissions intensity ratio at our plants by 8% from a 2020 baseline Our group GHG intensity ratio has improved by 4% to 0.0633 (as compared to FY2020 baseline at 0.0661), contributed by the various energy improvement initiatives at our plants and the implementation of solar roofs at our plants in Malaysia and Thailand.
WATER STEWARDSHIP
Reduce the Group's water intensity ratio at our plants by 8% from a 2020 baseline Our group water intensity ratio has increased by 1% to 2.32 (as compared to FY2020 baseline at 2.29), Water efficiency was impacted by lower production volume at our dairy plant in Malaysia.
WASTE MANAGEMENT
Reduce the solid waste sent to landfill by 30% from a 2020 baseline Our total solid waste sent to landfill increased 31% to 1,471 MT (as compared to FY2020 baseline at 1,122 MT), due to the additional sludge from the maintenance of our wastewater treatment plant at our Shah Alam plant.
PRODUCT PACKAGING
Increase the recycled content in our beverage and dairy packaging to 25% The average recycled content in our packaging has improved from 20% in FY2020 to 25% this year.
1based on formulation, excluding canned milk and cordials