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Promoting Environmental Sustainability

At MFCB, we prioritise environmental conservation across our operations and are committed to minimise our impacts where possible. We are committed to address the climate crisis and work towards a more sustainable future where people, planet and business are in balance. We focus on four key areas across our Divisions, including:

Road to Net Zero

The Group is dedicated to shifting towards a low-carbon economy and implementing strategies to reduce GHG emissions, while deliberately considering the economic impacts of these actions. Our strategies revolve around the following key projects:

  • Transition to renewable electricity at our operations
  • Implementation of various energy efficiency initiatives in production processes
  • Reduction of waste across our operations
Water Management

At MFCB, we recognise the importance of efficient water use and conservation. As we navigate challenges like population growth and climate change, innovative water management approaches become essential for ensuring a resilient and water-secure future.

Circular Economy

In our commitment to fostering a circular economy, we implement waste management practices throughout our operations. These practices comply with local environmental requirements, regulations, and standards in the countries where we operate. We have implement 6Rs – rethink, reduce, reuse, remanufacture, repurpose and recycle – across our operations and also incorporate recycled materials into our products.

Biodiversity Conservation

In recognition of the growing importance of global biodiversity conservation, we commit to a long-term biodiversity conservation strategy with focus on our Don Sahong Hydropower Project (“DSHP”) that is located on an anabranch of the Mekong River. Our strategy includes goals to 2030 and 2050 and is aligned with the Kunming-Montreal Global Biodiversity Framework (“GBF”) and Lao PDR’s National Biodiversity Strategy and Action Plan 2016 – 2025.

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OUR BIODIVERSITY CONSERVATION STRATEGY

GOAL TO 2050

To have a net positive impact on biodiversity and maintain, enhance or restore the integrity of the ecosystem within and around our project area for the benefit of biodiversity and local communities.

Themes

Conservation and Rehabilitation

We will implement conservation measures to conserve existing populations of endangered species and rehabilitate important habitats.

Awareness and Capacity Building

We will engage with local communities and relevant stakeholders to enhance awareness on the importance of biodiversity.

Scientific Research

We will support the scientific community in understanding the unique ecosystems in which we operate.

Goals by 2030

We will implement two major conservation projects with measured outcomes.

We will significantly increased the awareness among communities about the importance of biodiversity

We will publish at least two scientific studies in the area we operate.