The 2022 RGE Bankers' Forum welcomed close to 400 of the regional and international banking community in-person and via Zoom. Themed "Leading the Bioeconomy from its Core", the 7 April...
Apical Group, one of Indonesia’s largest exporters of palm oil, reinforced its commitment to the 5Cs business principles–Good for Community, Country, Climate, Customer & Company–through the release of its 2016 Sustainability Report. Apical owns and controls an extensive spectrum of the palm oil business value chain from sourcing to distribution. It is also engaged in the refining, processing and trading of palm oil for both domestic use and international export. Its operations are located in Indonesia and China, and include four refineries, one biodiesel plant, one fatty acid splitting plant and a kernel crushing plant.
The numerous progress and achievements made in 2016 include:
- Conducted Priority Supplier Engagement Program (PSEP) visits and Shared Value Workshop to actively cascade the Apical Sustainability Policy to suppliers in Sumatra
- Developed a practical guide on “Prevention, early detection and control of open-burning in oil palm plantations” and published on the Apical Sustainability Dashboard
- Zero incident involving the rights of the local people and indigenous peoples took place in 2016
- Conducted workshops to equip suppliers with the knowledge to gain competitive edge in meeting global requirements of sustainable palm oil
- Developed Apical Grievance Procedure to provide guidelines for the transparent and accountable handling of grievances related to the sustainability practices within supply chain
- Continued progress to realise 100% traceability to supplying mills
“This year’s report presents our continued commitment and seeks to transparently disclose our sustainability performance and achievements, the challenges we still face and our ongoing efforts to address them,” said Dato’ Yeo How, President of Apical Group. “Sustainability is a long-term commitment for Apical. With new issues constantly emerging, we cannot be complacent. We look forward to the near future where Apical is able to produce fully traceable and sustainable palm oil for the global market with the support of our business partners.”
“As a partner to Apical in implementing their sustainability policy, it is clear that Apical is on track with its mission to improve and elevate sustainable practices within its supply chain,” commented Surin Suksuwan, Proforest Southeast Asia Regional Director. “In view of the complexity of conditions in its supply base, it is commendable that Apical has arrived at this level of disclosure on the material issues in line with its policy commitments.”
Apical’s business is built on a reliable and broad sourcing network in Indonesia, while integrating refinery assets at strategic locations in Indonesia and China. These are bolstered by efficient logistic channels supported by Apical’s own infrastructure to deliver to a wide range of clients from international trade houses to local industrial buyers.
Apical is a founding member of the Business Council for Sustainable Development Singapore since 2012. It is also a member of the Roundtable on Sustainable Palm Oil (RSPO) and the International Sustainability and Carbon Certification (ISCC). It is now working towards a comprehensive internal Sustainability Assurance System (SAS). Apical is also a signatory to the New York Declaration on Forests.
Click here to read Apical’s 2016 Sustainability Report.