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We developed our 2025 sustainability targets in 2020, where we outlined specific goals to be achieved for our 12 highest priority material issues. These goals will drive F&N’s sustainability performance throughout our business and strengthen our commitment to create long-term value for our stakeholders.
| Material Issue | 2025 Target | 2023 Progress |
|---|---|---|
|
Achieve 100% of our plants and production processes certified with the Food Safety System Certification scheme 22000 (FSSC22000 scheme) 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 FSSC22000 scheme. |
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Achieve 10% product innovation for commercialised F&N products from 2020 baseline^ | 2% product innovation for commercialised F&N products. |
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100% of our active key suppliers to accept and comply with F&N’s Supplier Code of Practice | 99% of our active key suppliers have accepted and complied with our SCOP, of which all our direct suppliers have accepted. |
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At least two third of beverage and dairy products^ comply with the Nutritional Guidelines | 64% of our beverage and dairy products are endorsed with Healthier Choice Logo (HCL). |
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Increase the number of annual community programmes to 11 | 11 community programmes conducted this year. |
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Provide an average of at least 18 hours of training to executive level employees and 11 hours of training to non-executives | 32.9 training hours per employee in the executive category and 11.7 training hours per employee in the non-executive category. |
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Reduce the Lost Time Injury Frequency Rate (LTIFR) to 0 | We achieved 0 LTIFR this year. |
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Reduce the Group’s energy intensity ratio at our plants by 8% from a 2020 baseline | Our group energy intensity ratio has increased by 3% to 898.30 (as compared to FY2020 baseline at 868.56). Energy efficiency was impacted by lower machine utilisation. |
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Reduce the Group’s GHG emissions intensity ratio at our plants by 8% from a 2020 baseline | Our group GHG intensity ratio has improved by 2% to 0.0650 (as compared to FY2020 baseline at 0.0661), making good progress towards our 2025 target with our investment in our solar PV system at our plants to replace fossil fuel. |
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Reduce the Group’s water intensity ratio at our plants by 8% from a 2020 baseline | Our group water intensity ratio has increased by 3% to 2.36 (as compared to FY2020 baseline at 2.29), Water efficiency was impacted by lower production volume at some of our plants. |
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Reduce the solid waste sent to landfill by 30% from a 2020 baseline | Our total solid waste sent to landfill increased slightly by 1% to 1,128 MT (as compared to FY2020 baseline at 1,122 MT), due to the waste from the new plant sent to landfill as per GMP requirements in October and November 2022. |
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Increase the recycled content in our beverage and dairy packaging to 25% | The average recycled content in our beverage and dairy packaging maintained at 25% this year, on track for our 2025 target. |