Sime Darby Plantation formulates 5-year strategy to drive growth, sustain market leadership

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Its chairman said the strategy charter is underpinned by three strategic priorities: sustainability, operational excellence and innovation.

has formulated a strategy charter for 2023-2027 to drive the company’s growth and sustain its market leadership.

"These goals and targets during the timeframe include sustainable year-on-year profit after tax and minority interest growth, carbon emission reduction in line with net-zero commitment, operational excellence, 100 per cent traceable commodities and 100 per cent human rights risks managed,” he said in the company’s annual report shared with Bursa Malaysia today.

SDP announced several industry-leading initiatives last year, particularly in advanced mechanisation, automation and digitalisation of its upstream operations. "All of these would contribute to our aim for a man-to-land ratio of 1:17.5 hectares, doubling the efficiency of the current industry average of 1:8 hectares,” Megat Najmuddin said.

 

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