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2025 TARGETS & FOCUS AREAS

In 2020, we set ambitious sustainability performance targets for 2025, focusing on the 12 highest-priority material issues. These goals will drive F&N’s sustainability efforts and reinforce our commitment to creating long-term value for our stakeholders.

As we approach the culmination of these 2025 targets, we prepare to evaluate our progress and align with the broader ESG targets set by our parent company, ThaiBev. This will ensure that our sustainability journey continues to evolve, further embedding responsible practices into our operations and amplifying positive impact across our value chain.

Legend:
Achieved
On track
Work-in-progress
Unmet
Material Issue
2025 Target
2024 Progress

Material Issue: Quality & Safety
2025 Target
Achieve 100% of our plants and production processes certified with the Food Safety System Certification scheme 22000 (FSSC22000 scheme) and Halal Standard (or equivalent)
2024 Progress
100% of our plants and production processes are certified with Halal Standards.
63% of our plants and production processes are certified with FSSC22000 scheme. In FY2024, our Kuching plant obtained the FSSC22000 certification.
On Track

Material Issue: Innovation
2025 Target
Achieve 10% product innovation for commercialised F&N products from 2020 baseline^
2024 Progress
7% product innovation for commercialised F&N products.
On Track

Material Issue: Supply Chain Stewardship
2025 Target
100% of our active key suppliers to accept and comply with F&N’s Supplier Code of Practice
2024 Progress
99.7% of our active key suppliers have accepted and complied with our SCOP, of which all our direct suppliers have accepted.
On Track

Material Issue: Nutrition
2025 Target
At least two third of beverage and dairy products^ comply with the Nutritional Guidelines
2024 Progress
67% of our beverage and dairy products are endorsed with Healthier Choice Logo (HCL).
Achieved

Material Issue: Community Development & Inclusive Growth
2025 Target
Increase the number of annual community programmes to 11
2024 Progress
12 community programmes conducted this year, compared to 10 programmes in FY2020.
Achieved

Material Issue: Human Capital Development
2025 Target
Provide an average of at least 18 hours of training to executive level employees and 11 hours of training to non-executives
2024 Progress
Conducted 34 training hours per employee in the executive category and 12 training hours per employee in the non-executive category.
Achieved

Material Issue: Employee Safety, Health & Well-being
2025 Target
Reduce the Lost Time Injury Frequency Rate (LTIFR) to 0
2024 Progress
Our LTIFR was 0.67, with 4 lost time injury cases.
Unmet

Material Issue: Energy
2025 Target
Reduce the Group’s energy intensity ratio at our plants by 8% from a 2020 baseline
2024 Progress
Group energy intensity ratio has improved by 0.1% to 867.74 (FY2020 baseline at 868.56).*
Work-in-progress

Material Issue: Climate Change
2025 Target
Reduce the Group’s GHG emissions intensity ratio at our plants by 8% from a 2020 baseline
2024 Progress
Group GHG intensity ratio has improved by 4%, now standing at 0.0635, (FY2020 baseline at 0.0661).*
Work-in-progress

Material Issue: Water Stewardship
2025 Target
Reduce the Group’s water intensity ratio at our plants by 8% from a 2020 baseline
2024 Progress
Group water intensity ratio has increased by 3% to 2.37 (FY2020 baseline at 2.29).*
Work-in-progress

Material Issue: Waste Management
2025 Target
Reduce the solid waste sent to landfill by 30% from a 2020 baseline
2024 Progress
Our total solid waste sent to landfill reduced by 54% to 544 metric tonne (MT) (FY2020 baseline at 1,122 MT), attributed to various initiatives in managing waste.
Achieved

Material Issue: Product Packaging
2025 Target
Increase the recycled content in our beverage and dairy packaging to 25%
2024 Progress
We have achieved an average recycled content in our packaging at 25% this year.
Achieved

* Performance in these areas has been influenced by operational expansions, including a new plant in Thailand and additional production and packaging lines across our Malaysian facilities, all of which increased water and energy demands. However, excluding the impact of these expansions, we are progressing well compared to our 2020 baseline under business-as-usual conditions. Our commitment remains firm as we work to achieve each of our sustainability goals.

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