Page 25 - APICAL_SR2023

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

GREEN INNOVATION

Establishing sustainable systems for production and consumption is important to Apical. We have adopted
an approach that promotes continuous improvement known as “Kaizen” to effectively manage our energy
utilisation, water consumption and waste generation. Enhancing our equipment and process efficiency will
lead to cost savings and the reduction of waste generation. Examples of such actions include the transition
of energy with the substitution of coal with alternative renewable energy sources within our facilities.
The Green Innovation targets aim to track our progress in effectively utilising technology and our resource
management capabilities. The targets supplement our Climate Action initiatives to create a synergy between
our strategies for the climate and environment.
To derive 38% of total energy use from Improve water use intensity by 30%
renewable and clean energy sources through circular solutions

INCLUSIVE PROGRESS

We aim to enhance the welfare of the communities in which we operate by introducing localised initiatives
that address the needs and livelihood of the community. Investing in local communities together with our
stakeholders, including our suppliers, provides opportunities for Apical to develop positive relationships
that could generate mutual benefits. The goals are focused on community empowerment and improving
livelihoods.

Supporting communities through Supporting 5,000 independent
30 Sustainable Living Village by 2030 smallholders to achieve certification by
2030

24 SUSTAINABILITY REPORT 2023 APICAL GROUP 25