SOCIAL WELFARE AND COMMUNITY INVESTMENT Why it matters Engaging actively with the local community cultivates a symbiotic relationship, fostering mutual support and understanding between our Group and the communities we serve. By being responsive to the community’s needs, we cultivate trust, goodwill and a positive reputation, all of which are integral to our long-term success. BPlant’s Approach The local community is instrumental in supporting our operations in various capacities. Caring for Our People Involved in the Supply Chain Local communities provide essential services such as logistics for our operations Social Licence Maintaining positive relationships involves earning the trust and support of community members, government entities, and other stakeholders which can help facilitate our operations Enhance Reputation and Brand Engaging with the local community and supporting local initiatives is crucial to our commitment to be a responsible company/organisation We have initiated Open Days since 2022 to engage with the surrounding communities, complementing our annual stakeholder meetings aimed at addressing their concerns regarding our operations. The 2nd annual BPlant Open Day event was conducted at the Sungai Jernih Business Unit with the objective of engaging our workers, community and stakeholders. We prioritised distributing wakalah (zakat) to retired armed forces/veterans and areas where we operate most extensively. It is important to note that we also provide support to workers’ dependents, particularly children, to ensure access to education. BPlant conducts regular water sampling in rivers, especially those connected to local communities to ensure and monitor the activities conducted in our operation do not pollute the watercourses. This initiative demonstrates our efforts to safeguarding the rights and well-being of the local communities. BPlant’s Progress BPlant demonstrated our proactive stance through our Corporate Social Responsibility initiatives in 2023 contributing a total of RM4.9 million to benefit the local community. CONCLUSION As we draw this statement to a close, BPlant will continue to uphold sustainability practices in the palm oil industry through our ongoing efforts. In our pursuit towards responsible sourcing and environmental stewardship, we will continue to navigate the evolving regulatory landscapes, including compliance with the EUDR while focusing on enhancing transparency and traceability across our supply chain. By prioritising sustainability and ESG performance, we aim to create long-term value for stakeholders while contributing to a more sustainable future. Boustead Plantations Berhad 174
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