Page 7 - APICAL_SR2023
P. 7
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
LOOKING FORWARD As our sustainability journey continues, achieving our
ambitious goals will require ongoing dedication and
Apical2030 continues to be our key focus, strategic investment. We will endeavour to implement
with significant emphasis placed on collaborative the necessary tools and resources by modernising our
engagements with our stakeholders and enhancing systems and processes to manage sustainability in our
our system processes. This process includes improved supply chains and operations.
tracking and monitoring of GHG emissions from
our suppliers, ensuring alignment with the highest But achieving sustainability isn't just about
ESG standards and compliance with regulatory infrastructure, it’s about people. We need the
requirements. commitment and collaboration of our entire
community – employees, partners, smallholders
Apical recognises the importance of evolving with and other stakeholders. Open communication and
the dynamic regulatory landscapes. Our commitment shared understanding are crucial. That's why Apical
to mitigating deforestation and forest degradation is advocating for a collaborative and inclusive effort
aligns closely with the requirements of the European that empowers everyone to contribute and evolve
Union’s Deforestation-free Regulation (EUDR). together.
We are proactively aligning our operations to
comply with the requirements of EUDR to serve Together, let’s build a culture of sustainability from
our customers, which is set to be enforced in the ground up. By working hand-in-hand, we can turn
December 2024. In response to that, we have our commitments into lasting progress.
introduced the Deforestation-Free Due Diligence
(DFDD) Implementation Framework to enhance our Yours sincerely,
traceability and compliance efforts. This initiative Dato’ Yeo How
builds on our pre-existing A-SIMPLE Framework
and leverages digital technology to ensure our best
practices of environmental stewardship.
6 SUSTAINABILITY REPORT 2023 APICAL GROUP 7