2022 Business Environment

Climate change and COVID-19 were the top concerns for FPH in 2022. In addition, the group was beset with new challenges from the Russia-Ukraine war which disrupted the economy late in the year and posed a serious global problem by interrupting our economic recovery from the COVID-19 pandemic.

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ESG Material Issues

In 2022, FPH updated its material ESG topics. This came three years after the last materiality update. Reassessing our material ESG topics lets us review what is important to the Company and our stakeholders, and ensures that FPH is able to address the pressing issues of our current time.

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Stakeholder Engagement

Creating meaningful interactions with our stakeholders is a key ingredient in the success of our business activities and in achieving our ambition of becoming a regenerative business.

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Risk and Opportunities

The FPH Enterprise Risk Management (ERM) process follows ISO 31000:2018. An ERM review across the FPH businesses is conducted annually.

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