Page 18 - 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
OUR APPROACH TO

SUSTAINABILITY

Apical thrives in a dynamic palm oil landscape environment. We stay ahead
of the curve by actively engaging stakeholders and embracing best practices.
This includes implementing frameworks such as NDPE and TCFD/ISSB for
climate-related disclosures and developing a comprehensive Human Rights
Policy that is complementary to our enhanced Sustainability Policy 2023.
We transparently communicate these policies to stakeholders, maintaining
our open dialogue and working collaboratively to address their needs and
concerns. These efforts align seamlessly with our 5Cs business philosophy,
prioritising Community, Country, Climate, Customer and ultimately, Company
value creation. Our commitment to responsible governance strengthens our
relationships and fosters long-term success.

Since 2014, Apical established our Sustainability Policy This reaffirms our commitment to sustainable
to adhere to NDPE commitments as well as support practices, ethical conduct, environmental stewardship
the well-being of local communities and ecosystems. and upholding human rights. These new commitments
In 2020, we launched the A-SIMPLE Framework to mark a pivotal moment in Apical’s journey towards
drive inclusive transformation across Apical’s supply becoming the most reliable integrated processor of
chain. In pursuit of a traceable, sustainable and vegetable oils.
deforestation-free supply chain, Apical Group has
revised and enhanced its Sustainability Policy and
developed a new Human Rights Policy in 2023.

18 SUSTAINABILITY REPORT 2023 APICAL GROUP 19