Page 134 - APICAL_SR2023

Our
About This President’s About 2023 Apical2030 Approach to Transformative
Report Statement Apical Highlights Highlights Sustainability Partnerships

APICAL GROUP
SUSTAINABILITY REPORT 2023
MATERIALITY ASSESSMENT AND

STAKEHOLDER ENGAGEMENT

Environment

GHG Emissions
The emission into the earth’s atmosphere of various gases (water vapour, carbon dioxide, methane, nitrous
oxide and ozone) that contribute to the greenhouse effect. Any targets, programmes, or resources dedicated
towards decarbonisation and carbon neutrality also fall into this category, in addition to air pollution control.
Climate Change Strategy
Efforts to develop strategies to mitigate and adapt to climate change (e.g. renewable energy procurement);
as well as efforts to manage the impacts of climate change across the company’s value chain. This would also
cover the efficient use of natural resources.
Deforestation
Encouraging management practices to avoid deforestation across company’s value chain. This includes
company’s commitment to removing commodity-driven deforestation from its supply chains, in addition to
remediation, recovery and/or restoration of forest loss.

Water Use
Implementation of a systematic approach conserve, reduce use of and reuse water in company operations
and supply chain and to stimulate water conservation within its sphere of influence.

Waste
Implementation of a systematic approach to identify, manage, reduce and responsibly dispose of or recycle
waste. This also refers to the management of materials and waste throughout the product lifecycle – extracting
maximum value whilst in use and recovering and regenerating materials at the end of each service life in order
to realise the full business and environmental value of material inputs.

Biodiversity
Company operations can have adverse impacts on local ecosystems (e.g. forests) through consumption
of raw materials and land use, especially where operations are sited in biologically sensitive areas.
Companies can also undertake conservation efforts to monitor biodiversity loss, promote reforestation, etc.

134 SUSTAINABILITY REPORT 2023 APICAL GROUP 135