Page 73 - 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

For the potential and actual physical and transition
climate risk pose to the business, Apical recognises
the recommendations made by the TCFD/ISSB. We
are currently in the midst of reporting in line with the
best practices recommended by the TCFD/ISSB as of
2024.

To ensure a company-wide collective effort towards
Apical2030, all facilities have developed KPIs to
achieve the targets which corresponds to projects
to be implemented. Since 2023, we have conducted
bi-annual progress meetings organised by the
Sustainability Department, with the President and
Executive Director as co-chairs. All the heads of the
business units are expected to provide updates,
Designed to effectively manage and minimise progress and future plans for their projects related to
our environmental impact, Apical is committed Apical2030.
to combatting climate change aligned with the
1.5°C global warming target, as set out in the Paris CLIMATE ACTION STRATEGY
Agreement. The Sustainability Policy specifically
addresses GHG emissions. To achieve these ambitious goals, we intend to:

It requires Apical to:

• Identify all sources of GHG emissions Substitue the use of coal in our powerplants and
boilers with greener alternatives
• Conduct GHG calculations for all our
operations based on ISO 14064-1 and GHG
Protocol
• Continuously monitor GHG emissions and
strive for progressive reductions that are
Replace diesel-forklift with electric-forklift
environmentally and economically feasible
Several internal control systems and protocols were
also established in accordance with local laws and
regulations by the Ministry of Environment and
Forestry in the Republic of Indonesia. For example, Implement nature-based solutions
we adhere to “Peraturan Menteri Negara Lingkungan
Hidup Nomor 07 Tahun 2007” for the use of biomass
and coal in boilers. In 2023, we had no significant fines
or non-monetary sanctions for non-compliance with
environmental regulations.

72 SUSTAINABILITY REPORT 2023 APICAL GROUP 73