At Felda Holdings Bhd, caring for our planet and our stakeholders is second nature to us. Corporate Social Responsibility (CSR) is intrinsic to Felda Holdings by virtue of FELDA's twin mission of driving Malaysia's agricultural development and eradicating rural poverty.
Felda Holdings' very success over the last 51 years underscores the continued wellbeing of the settler communities and ensures the vibrancy of Malaysia's plantation sector.
The wealth created by Felda Holdings' endeavours is channelled to the settlers through Koperasi Permodalan Felda (KPF). This investment co-operative - whose members comprise settlers, Felda Group staff and their families - is the dominant shareholder of Felda Holdings, owning 51% equity.
KPF's members thus enjoy healthy dividends arising from Felda Holdings' strong performance year after year. This structure enables the people who work the business to own the business, and directly benefit the fruits of their efforts.
In addition, Felda settlers' dependents participate directly in Felda Holdings' business activities. 3,538 of them are gainfully employed in our numerous companies. This constitutes almost a fifth of our workforce. Many make up the ranks of executives, 35 are in middle management positions and seven comprise the senior management personnel in our companies.
Felda Holdings directs a percentage of its profit annually to Yayasan Felda, a not-for-profit organisation that pursues educational and healthcare initiatives and supports a host of philanthropic causes.
At Felda Holdings, sustainability is the result of management constantly maintaining a healthy balance between commercial enterprise and a green environment. The Felda Group pursues eco-friendly practices across all our estates and mill operations as laid out in our Good Agricultural Practices Handbook.
We achieved a proud Malaysian first. Felda Holdings built the country's first Biomass power plant. We are following this with a second Clean Development Mechanism (CDM) project involving methane gas. We are an early member of the international initiative, the Roundtable on Sustainable Palm Oil (RSPO) of which the Felda Group has a seat on the Executive Board.
We also commit ourselves to educational causes by investing in the development of human capital - within Felda and the community at large. We have established leadership institutes, a first-in-Malaysia study-at-work ACCA/CIMA certification programme as well as the Felda Holdings Scholarship to enable our country's young talents to pursue higher education at top universities abroad.