SUSTAINABILITY POLICY

In December 2014, KLK launched its Sustainability Policy which brings together and expands on its current sustainability commitments and practices. The policy focuses on the following main areas:

• No deforestation;
• Protection of peat areas;
• Driving of positive socioeconomic impact for people and communities;
• Traceability; and
• Continuous stakeholder engagement

In 2018, the existing Policy was reviewed for relevance and to reflect developments that have taken place since its introduction. The revised Sustainability Policy (in ENG / BM), released in August 2018, demonstrates KLK’s commitment towards bridging gaps as it improves its practices from time to time in its journey towards sustainable and responsible palm oil production.

KLK is also committed to ensuring that its products are produced in a sustainable manner. This is realised through balanced assessment of its suppliers and development of its operations continually. The commitments include conserving and improving the natural environment, protecting high carbon stock forests, High Conservation Value Areas, peatlands, uplifting the socio-economic conditions, respecting the human rights of its employees and local communities. All suppliers should respect the principles stipulated in the latest version of KLK Sustainability Policy and Supplier Code of Conduct and adopt practices within their operations and supply chains that are consistent with it.

SUSTAINABILITY REPORT

Kuala Lumpur Kepong Berhad (KLK) has journeyed through 110 years of history and is a testimony that we have been sustainable in our existence and in our business. We believe in transparency, and hence the issuance of this, our first Sustainability Report based on the Global Reporting Initiative standards, to share with all, our sustainability efforts.

PROGRESS REPORT