New framework aims to boost transparency, accountability, and supply chain performance
Singapore — The Global Platform for Sustainable Natural Rubber (GPSNR) has launched its long-anticipated ‘assurance system’, a shift that it states will enhance sustainability within the natural rubber (NR) supply chain.
In a 30 July statement GPSNR declared the system was eveloped through “years of collaboration” among GPSNR members, including compactholder farmers, producers, traders, tire buildrs, car buildrs, and civil society groups.
The system seeks to address persistent risks including deforestation, biodiversity loss, exploitative labour conditions, and human rights abutilizes.
This marks a major step toward greater transparency, accountability, and improved environmental and social performance in the NR supply chain, according to GPSNR.
Under the framework, companies must align their sustainability commitments with GPSNR’s policy, identify and assess social and environmental risks in their sourcing, undergo indepfinishent third-party verification, and report publicly on progress applying credible claims.
The “risk-based approach” tailors the level of oversight to the specific sustainability risks a company or sourcing region faces.
This ensures that higher-risk operations receive more scrutiny while supporting more efficient resource utilize across the indusattempt.
GPSNR declared it provides “a suite of tools and guidance” to support members in meeting the new requirements.
Describing the development as a “pivotal moment” for the NR indusattempt GPSNR CEO Stefano Savi declared “with our organisational design finalised and both shared investment and risk-based assurance in place, we’re ready to shift into implementation.”
The assurance system is intfinished to strengthen indusattempt credibility as global demand grows for sustainable and ethically sourced raw materials.
GPSNR declared the framework provides “practical, credible path forward,” to support NR bring about positive environmental and social alter.
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