Page 27 - 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

5 fundamental principles (cont'd)
Human Rights Policy Our new Human Rights Policy represents a major milestone in the company’s steadfast
determination to uphold fundamental human rights of workers and communities
across our global operations and supply chains. By doing so, we continuously strive
to establish ourselves as an ethical and responsible corporate citizen that values and
respects human rights. The Human Rights Policy aligns to international human rights
standards, including the International Bill of Human Rights, the International Labour
Organisation’s Declaration on Fundamental Principles and Rights at Work, and the
United Nations Guiding Principles on Business and Human Rights (UNGPs) and is
guided by the Organisation for Economic Co-operation and Development (OECD)
Guidelines for Multinational Enterprises as well as the ten UN Global Compact
principles. This policy complements the Sustainability Policy and reaffirms Apical’s
dedication towards addressing adverse human rights impacts human rights within our
operations and supply chain.

Clear To deliver on our commitments as outlined in the Sustainability Policy 2023 and
Implementation Plan the new Human Rights Policy, we have strengthened the A-SIMPLE Framework
by embedding a robust time-bound implementation action plan which is shown in
pages 30-32.

Our enhanced Sustainability Policy and new Human
Rights Policy applies to all Apical’s operations, joint
ventures, subsidiaries and direct and indirect suppliers
in our palm oil supply chain. We deploy our policy to
our suppliers through our Sourcing Policy and various
supplier Anchor Programmes.
Internally, we leverage Human Resources channels
to communicate the policy to all employees in
2024. Workshop, webinars, annual refreshers and
onboarding trainings ensure every Apical employee
understands their role in upholding our sustainability
commitments.

Refer to our website for
more information and on our
Sustainability Policy.

26 SUSTAINABILITY REPORT 2023 APICAL GROUP 27