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Materiality
Assessment Appendix 1: Appendix 2: Appendix 3:
Climate Green Inclusive and Stakeholder GRI Content Assurance Glossary of
Action Innovation Progress Engagement Index Statement Terms

MATERIALITY ASSESSMENT AND

STAKEHOLDER ENGAGEMENT

MATERIALITY ASSESSMENT AND STAKEHOLDER ENGAGEMENT
GRI 3-2
List And Definition Of Material Topics

Governance
Board and Executive Compensation, Independence and Diversity
Compensation, accountability, independence and gender diversity of the company’s board and senior
management in addition to sustainability governance and incentives.
Business Ethics
Organisational standards governing the actions and behaviour of individuals (e.g. prevention of anti-
competitive practices, working against corruption, extortion, money-laundering and bribery) to ensure that
business principles and integrity are upheld.
Compliance
Compliance is either a state of being in accordance with established laws, regulations, standards and ethical
practices that apply to the organisation or the process of becoming so.
Anti-Corruption
Commitment to avoid or eliminate corruption, extortion and bribery, including requiring high compliance
standards, within the company’s global operations and supply chain.

Zero-tolerance Conduct / Grievance Mechanisms
Culture of zero tolerance towards bad conduct (internally or externally) and that employees feel free to
speak up without fear or retaliation, including setting up formal channels (e.g. whistle-blower channels) for
employees, contractors and third-parties to report on issues.
Access to Remedy
Ability to take appropriate steps to ensure that if a human rights abuse occurs in the supply chain, victims have
access to effective grievance mechanisms (mechanisms that are legitimate, accessible, predictable, equitable,
transparent, rights-compatible, a source of continuous learning and based on dialogue and engagement).

Systemic Risk Management
Assessing and managing financial and business risk throughout the entire company system to prevent major
disruptions that may harm economies and societies at large (e.g. financial crisis).
Transparency
Disclosure of information regarding labour, health and safety, environmental practices, business activities,
structure, financial situation and performance, in accordance with applicable regulations and prevailing
industry practices.

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APICAL GROUP
SUSTAINABILITY REPORT 2023