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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





             In pursuit of a traceable, sustainable and deforestation-free supply chain, Apical
             Group has revised and enhanced its Sustainability Policy in 2023.
          APICAL SUSTAINABILITY POLICY
          Guided  by  our  5Cs  business  philosophy,  the  enhanced  Sustainability  Policy  2023  represents  a  significant
          leap in our journey to fuel transformative change towards sustainability in our operations and supply chain,
          which includes environmental, social and ethical practices. The progress from our Sustainability Policy 2014 to
          the updated version reaffirms our unwavering commitment to responsible corporate citizenship and dedication
          to becoming the most reliable integrated processor of sustainable vegetable oil and value-added downstream
          products.  We  firmly  believe  that  transparency,  continuous  improvement  and  a  commitment  to  protect  the
          environment and respect human rights are vital to the palm oil sector, and our enhanced Sustainability Policy
          reflect these fundamental principles:
           5 fundamental principles

           Apical2030        At the heart of these policy updates lies the Apical2030 framework, introduced in
           Sustainable       2022. Apical2030 presents a forward-looking roadmap with ten time-bound targets,
           Strategic Roadmap  organised around four strategic pillars: Transformative Partnerships, Climate Action,
                             Green Innovation and Inclusive Progress.



           Setting Clear     Our revised Sustainability Policy is a testament to our unwavering commitment
           Targets for Bold   towards a sustainable and deforestation-free supply chain. The policy takes a
           Action            comprehensive approach to addressing gaps and sets clear, actionable targets that
                             we will achieve with utmost determination. Most importantly, we have introduced a
                             cut-off date as of December 2015 for No Deforestation, No Peat and No Exploitation
                             (NDPE) compliance.
           Expanding         The updated Sustainability Policy 2023 is enhanced with a focus on our governance
           Commitments and   commitments, that comprehensively cover all aspects of our operations and supply
           Focusing on Key   chain to ensure that we maintain responsible practices. We are proud to highlight
           Areas             that the Sustainability Policy 2023 further strengthens our commitments to human
                             and labour rights, indigenous peoples, local communities and land rights, biodiversity
                             protection, community livelihood, smallholder partnerships  and climate action,
                             reflecting our commitment to sustainability and responsible business practices:
                                a  NDPE Commitment            e  Smallholders Inclusivity

                                b  Climate Action             f  Responsible Supply Chain
                                                              Management
                                c  Biodiversity Conservation and
                                Protection                    g  Keeping Pace with Emerging
                                                              Legislation
                                d  Protection of Fundamental
                                Human Rights                  h  Clear Implementation Plan


          26  SUSTAINABILITY REPORT 2023                                                                                                                                             APICAL GROUP  27
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