Page 33 - 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

DEFORESTATION FREE DUE DILIGENCE capacity-building programmes, we ensure the industry
FRAMEWORK players understand their role in achieving EUDR
compliance. This applies to all palm oil and derivatives,
Apical is committed to protecting and conserving as well as all raw materials used for products destined
forests, biodiversity and social well-being to ensure a for the EU/EEA market.
traceable, sustainable and deforestation-free supply
chain. In 2023, we commenced the development To further strengthen our commitment to
of the DFDD building upon Apical’s A-SIMPLE deforestation-free supply chains, we are developing
Framework. This framework seamlessly integrates a digital platform to support the implementation of
DFDD implementation into our operations, enhancing DFDD framework with real time data monitoring.
transparency and accountability throughout our This platform, to be launched in 2024, will enhance
supply chain and supports our compliance to traceability by streamlining the supply chain to
EUDR, customer specific sustainability requirements, shipment tracking and due diligence processes.
and meet future legislations of importing countries. It will ensure compliance with the EUDR among
Additionally, the DFDD framework streamlines suppliers while providing a transparent and efficient
processes and optimises operational efficiency by data management system to support audits. This
providing clear guidelines for EUDR compliance and platform marks a significant step towards increased
future legislations. transparency and accountability in our supply chain.
Collaboration and inclusivity are also crucial to CORPORATE GOVERNANCE
our proactive approach, which is demonstrated GRI 2-7, 2-9, 2-11, 2-12, 2-13, 2-14, 205-3, 206-1
by driving the development and implementation
of SOPs for systemic EUDR compliance across We prioritise good corporate governance to achieve
our supply chain and operations. These SOPs our sustainability goals. This means operating ethically
complement our existing A-SIMPLE Framework and transparently, complying with all local regulations
and align with local and international sustainability and upholding the highest standards of business
regulations, ensuring a comprehensive and compliant conduct.
approach among relevant stakeholders, including
smallholders. Through inclusive communication and Our Code of Conduct guides employees by outlining
expected standards, such as anti-corruption,
fair competition and environmental responsibility.
It promotes sustainable practices, protects workers’
rights, and enforces zero tolerance for social injustices.
These principles extend to our suppliers through the
Apical’s Code of Procurement Ethics (COPE).

In 2023, we recorded no new or outstanding
non-compliances with national laws and regulations
of countries where we operate. We recorded zero
incidents of corruption and anti-competitive behaviour.

32 SUSTAINABILITY REPORT 2023 APICAL GROUP 33