Soil Management In our operations, soil and water are vital resources. To address the potential pollution of soil, surface water and groundwater, we have introduced a soil conservation programme aimed at identifying critical areas where preserving soil integrity is essential. As part of this programme, we utilise Empty Fruit Bunches (EFB), a byproduct from our palm oil mill that enriches the soil moisture with nutrients, applying it within our plantation. The use of EFB enhances soil moisture retention and prevents erosion. We regularly conduct water sampling to ensure compliance with Environmental Quality Act 1974, MSPO and RSPO standards, thereby demonstrating our efforts to environmental responsibility and regulatory compliance. Furthermore, we implement the Integrated Site-Specific Fertiliser Recommendations System, as recommended by our agronomists, to determine the type and frequency of fertiliser application for achieving nutrient balance. This system enables us to monitor and prevent overuse of fertilisers, thereby mitigating the risk of pollution. We also apply mycorrhizae during the nursery stage to protect our trees from Ganoderma. BPlant’s Progress Conserving HCV Areas In 2023, our HCV area covers a total expanse of 576 ha comprising of wetlands, riparian buffer zones and jungle patches. The Peninsular region encompasses 167 ha and Sabah 409 ha. We are pleased to report that all our operations across Peninsular Malaysia, Sabah and Sarawak have been 100% assessed for biodiversity risks with some enhancements of the assessment still in progress. Conservation Status of Flora and Fauna Our internal assessments identified 13 endangered and six critically endangered fauna species scattered across our operations, as classified by the International Union for Conservation of Nature (IUCN) Red List. We continue to review our HCV management plan on an annual basis, thus ensuring proper management at all our operations. 100% 100% 100% Existing operations assessed for biodiversity risks ENERGY EFFICIENCY AND CLIMATE RESILIENCE Why it matters Extreme weather events pose significant risks to our natural environment, business operations, and daily lives. As such, these adverse weather conditions ultimately impact the growth and yield of our palm trees. Therefore, it is crucial for us to fully understand the potential risks and opportunities associated with climate change. At BPlant, we are adopting energy management practices and utilising renewable energy sources to mitigate the impacts of climate change. BPlant’s Approach To curb GHG emissions, our strategy encompasses mitigating carbon emissions, enhancing energy efficiency in operational assets and expanding conservation initiatives, with a focus on our No Deforestation, No Peat and No Exploitation commitment. Integrated Report 2023 157
RkJQdWJsaXNoZXIy NTkwNzg=