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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
TRANSFORMATIVE PARTNERSHIPS

Our Next Steps
Moving forward, we will continue to work with our suppliers using the abovementioned measures while exploring
new avenues for deeper and more meaningful engagement. We have outlined specific targets for 2024 and look
forward to diligently collaborating with our suppliers.

Pillar Inclusive Progress 2030 Targets 2024 targets
Transformative Collaborate with suppliers to achieve a 100% • Ensure > 90% NDPE IRF delivery
Partnerships NDPE compliant supply chain by 2025 • Engage 40% of mills through CARE and
PSEP initiatives
• Continue achieving 100% supply chain
satellite monitoring
Engage 100% suppliers for traceability Verify 90-100% of suppliers
independent verification by 2025
Collaborate with suppliers to promote clean Target to build 1 biogas plant by 2024
energy through 20 biogas plants
Furthermore, complying with the EUDR will be one of our main focus in 2024 and the years to follow.
Our EUDR DFDD Platform is set to go live, and we will conduct shipment trials with our customers.

6B. PROTECTING ENVIRONMENT WORKING WITH SUPPLIERS ON ENVIRONMENTAL
CONSERVATION
GRI 3-3, 304-2, 304-3, 308-1, 308-2
MANAGEMENT APPROACH
GRI 3-3
Protecting Forest and Biodiversity
Palm oil is widely used due to its multifunctional We recognise the risk of deforestation and biodiversity loss
benefits and affordability. We recognise the within our supply chain. Committed to the conservation
environmental challenges associated with its of peatlands, HCV and HCS areas, Apical plans to
production and are dedicated to sustainable collaborate with suppliers to conserve and/or protect
practices that reduce our ecological footprint. 150,000 ha of forests and peatlands by 2030. This involves
We actively encourage our suppliers to pursue aligning our efforts with our suppliers to achieve their
sustainable production methods. None of our goals as well as local/global sustainability standards.
operations are located in or contains a portion of It also means we do not knowingly source palm oil from
protected areas.
suppliers that deforest in protected areas.

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