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FGV Holdings Berhad (FGV) refers to the decision by the Complaints Panel (CP) of the Roundtable on Sustainable Palm Oil (RSPO), issued on 28th November 2018

KUALA LUMPUR, 30 NOVEMBER 2018 – FGV has frozen all new recruitment of workers from external contractors across its operations, with immediate effect. This freeze will only be lifted when the company is satisfied beyond any doubt that contractors are strictly adhering to all FGV’s internal policies, guidelines and standard operating procedures. FGV will also revise with immediate effect, the benefits enjoyed by its plantation workers and will absorb the costs of basic necessities, including food supplies given to its workers.

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FGV Produces 49 Young Entrepreneurs for the Palm Oil Industry

Forty nine young entrepreneurs graduated from the inaugural FGV Young Entrepreneurs Programme 2018 on 7 November 2018. The programme, which was developed and implemented by FGV Holdings Berhad, was designed to equip the next generation of FELDA settlers with the necessary skill sets required within the plantation industry. FGV has also carved out RM2.5 million worth of contracts from its annual procurement budget to give these young entrepreneurs a head start in the business world.

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FGV on Track to Earn Premiums for its Certified Sustainable Palm Oil Products in Q1 2018

FGV is pleased to announce that it has received its Roundtable Sustainable Palm Oil (RSPO) Principles and Criteria (P&C) (“RSPO P&C“) certification for eight mill complexes at the end of 2017 following its voluntary withdrawal from the RSPO certification in May 2016.

The eight mill complexes that have so far been certified are expected to produce over 200,000 MT of Certified Sustainable Palm Oil (CSPO) and almost 60,000 MT of Certified Sustainable Palm Kernel Oil (CSPK).

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