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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

RISK MANAGEMENT The BoD and Apical employees are expected to
adhere to the Code of Conduct, which provides
Apical prioritises environmental responsibility through guidance on employees’ behaviour in line with our
a robust risk management system aligned with ISO Core Values – TOPICC. New employees are provided
31000:2018 standards. This framework identifies and with the Code of Conduct and Apical’s Core Values
mitigates potential risks impacting operations and during their orientation programme, while current
stakeholders based on severity and likelihood. employees undergo periodic training to refresh their
understanding of Apical’s core values.
• Strategic Oversight: A biannual Risk
Management Committee (RMC) led Our commitment to business ethics is extended to
by Apical’s President addresses highly our suppliers. Apical ensures that our suppliers abide
consequential risks, including ESG concerns. with the COPE, which details commitments to ethical
conduct and the prohibition of corruption. Apical is
• Operational Implementation: A Group Risk
deeply committed to ensuring the integration of
Management Department (GRMD) with site
sustainable practices to our business operations, as
representatives implements our approach
we believe it will lead to our long-term success and
to reporting, investigating, and addressing
provide benefits to our stakeholders.
non-compliances. They maintain a risk
register and report to senior management
quarterly. ANTI-CORRUPTION AND ANTI-BRIBERY
GRI 2-27, 205-1, 206-1
• Transparent Communication: GRMD
actively communicates goals, policies and Apical is cognisant of the importance of upholding
procedures through various channels to the integrity in its business conduct. We have published
Board and employees. our Anti-Bribery and Anti-Corruption (ABC) Policy in
2023 that all employees must abide to comply with
the applicable ABC Laws. The policy mandates strict
ETHICS AND COMPLIANCE compliance with all relevant laws and regulations
GRI 2-27, 206-1
regarding bribery and corruption in all countries
where Apical operates. This includes adhering to the
Apical is committed to upholding integrity in all
guidelines outlined in the United Nations Convention
business dealings, in accordance with legal and ethical
Against Corruption.
standards. The Code of Conduct requires employees
to comply with all applicable anti-trust and competition
All Apical’s employees and any persons who
laws in countries where we operate. There were no
performs services and/or acts for and on behalf of
reported incidents of anti-competitive behaviour and
Apical including contractors, suppliers, consultants,
anti-trust monopolistic practice involving Apical in
agency staff and business partners are required to
2023.
comply to this policy. Any cases of non-compliance
are subject to investigations and disciplinary
proceedings.

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