Page 79 - 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

GREEN

INNOVATION

Background
On our journey toward a truly sustainable operation, Apical recognises the vital role of technology. By leveraging
appropriate solutions, we can accelerate our transformation under the Apical2030 “Green Innovation” pillar.
This ensures we meet our established energy and water usage targets, fostering a more sustainable future.
Apical2030 Targets And Performance For Green Innovation

Pillar Green Innovation Targets Progress Status
Green 38% of total energy consumption • 6.65% of total energy In Progress
Innovation to be obtained from renewable consumption obtained from
and clean energy sources as renewable and clean energy
compared to 2020 baseline sources in 2023
• 228.44% increase of energy
consumed from renewable
sources from 2020
Improve water use intensity by • Water intensity of our In Progress
30% through circular solutions as operations were 0.000530 ML/t
compared to 2020 baseline of oil processed

8A. ENSURING SUSTAINABLE OPERATION

MANAGEMENT APPROACH
GRI 3-3, 306-1, 306-2
To accelerate our transition to a more sustainable operation, we embrace innovation by adopting various
technologies. These include:

• Renewable energy: Transitioning to renewable energy sources is a key pillar of our strategy.
• Energy-efficient digital solutions: We leverage digital tools to optimise energy usage throughout our
operations.
• Circular solutions: This involves exploring options like biodiesel utilisation and LCA to minimise our
environmental footprint.

Furthermore, we are guided by robust internal policies covering biomass sustainability, energy management, and
waste handling.

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78 SUST AINABILITY REPOR T 2023 APICAL GROUP 79
APICAL GROUP
SUSTAINABILITY REPORT 2023