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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

TRANSFORMATIVE

PARTNERSHIPS

BACKGROUND
At Apical, working closely with our suppliers and key stakeholders to foster a responsible and sustainable supply
chain is critical for sustainability management. Since a major part of our business involves engaging with numerous
suppliers across the supply chain, and given that Apical does not own any plantations or mills, we are committed
to transforming and empowering our suppliers to create positive changes throughout the supply chain.
The Transformative Partnerships pillar includes various initiatives aimed at ensuring traceability within our
supply chain to implement sustainable practices. These practices focus on traceability, NDPE compliance and
conservation efforts.

APICAL2030 TARGETS AND PERFORMANCE FOR TRANSFORMATIVE PARTNERSHIPS

Pillar Transformative Progress in 2023 Status
Partnerships
Targets
Transformative Collaborate • Achieved 93% for Delivering Category In Progress
Partnerships with suppliers to No-Deforestation based on the NDPE IRF
achieve a 100% • Engaged 51 mills through combined CARE and
NDPE compliant PSEP in 2023
supply chain by • Collating and mapping 100% of concession for
2025 direct suppliers including group level
• Continued the use of remote-sensing technology
using platforms such as GFW Pro, GLAD and
RADD to monitor 100% of our supplier concession
• Partnership with Innovasi Digital – Earthqualizer to
monitor supply chain
Engage 100% • Achieved 72% of suppliers of Apical refineries for In Progress
suppliers for traceability independent verification
traceability
independent
verification by
2025

50 SUSTAINABILITY REPORT 2023 APICAL GROUP 51