Boustead Plantations Berhad | Integrated Report 2023

RESEARCH AND DEVELOPMENT AND YIELD IMPROVEMENT This enables us to improve our planting materials, fertiliser application efficiency and methods to maintain soil fertility in order to maximise production. 7 Why It Is Important • Various R&D activities were undertaken by Applied Agricultural Resources Sdn Bhd • Spent a total of RM16 million on R&D in the fiscal year (2022: RM16 million) • Enhancement of PPIP 2.0 to continuously improve productivity and cost efficiencies • Utilisation of the Zip Zap battery-operated cutter and light carbon fibre poles in tall palm areas • Closely monitoring the monthly number of bunches per palm Our Response AIR, WATER, WASTE AND EFFLUENTS MANAGEMENT 8 To safeguard the well-being of communities and prevent harm to the ecology, we rigorously enforce proper waste management practices. Why It Is Important • All our operation bio-waste products adhered to our Zero Waste Strategy • Reduction of dust particulate emissions by installing wet scrubbers and electrostatic precipitators at the boilers in our palm oil mills • Establishment of an efficient water management plan in operations • Monitor the usage of natural materials such as water ratio per FFB processed • Expand the utilisation of byproducts to contribute towards achieving the United Nation Sustainable Development Goals (Goal 13: Climate Action) • Implementation of reuse, reduce and recycle initiatives by deploying recycle bins at each of our operational units • Utilisation of byproducts to generate energy for the palm oil mills Our Response Integrated Report 2023 053

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