No Deforestation - ESG Policy - Sustainability - 益海嘉里金龙鱼食品集团股份有限公司

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ESG Policy

In December 2013, Wilmar International, the parent company of Yihai Kerry, announced its NDPE (No Deforestation, No Peat, No Exploitation) policy for palm plantations and palm products. This core policy, signed by the Group Chairman, commits to "no deforestation", "no development on peatlands", and "no exploitation of labor and communities". It covers Wilmar International's global palm oil operations and the entire supply chain of third-party suppliers, aiming to promote the sustainable development of the palm oil industry.

NDPE

No Deforestation

No development of High Carbon of High Carbon Stock(HCS)Forest

No development of High Conservation Value(HCV) Areas

No burning
No Development on Peat

Progressively reduce greenhouse gas(GHG)emissions on existing plantations

Best Management Practices for existing plantations on peat

Where feasible,explore options for peat restoration by working with expert stakeholders and communities
No Exploitation of People and Local Communities

Respect and recognize the rights of all workers including contract,temporary and migrant workers

Facilitate the inclusion of smallholders into the supply chain

Free,Prior and Informed Consent(FPIC)from indigenous and local communities to operations on lands to which they hold legal,communal or customary rights

Resolve all complaints and conflicts through an open,transparent and consultative process

Other policies related to ESG

Yihai Kerry has formulated the following policies related to ESG.All policies have been reviewed, endorsed, and approved by the executive management responsible for the relevant divisions.