Strategy and Objectives Working Group Update – August 2019

PRESS RELEASE

In new industry agreement, Global Natural Rubber companies will report annually on their sustainability progress

Singapore, 15 December 2021: Members of the Global Platform for Sustainable Natural Rubber (GPSNR) convened their annual General Assembly, which saw the approval of a set of detailed sustainability reporting parameters that all members will be required to complete annually from 2022 onwards. This will standardize sustainability reporting in the natural rubber industry, as many GPSNR member companies have already included strong sustainability commitments  in their natural rubber production and procurement policies.  

As GPSNR member companies account for about 50% of global natural rubber volume, their ability to transparently report on the same sustainability standards will aid a structural change in the industry to ensure harmonised sustainability reporting becomes the norm. 

“This is a tremendous milestone for the Platform and for the natural rubber industry. In our third annual General Assembly, we have moved further towards developing a model that helps our members ensure that their products and services are delivered in alignment with GPSNR’s principles, and can be monitored for continuous improvement. The reporting requirements have been agreed upon by upstream and downstream industry stakeholders as well as civil society players to ensure accountability. This serves as a testament to our model of driving sustainability, equity and fairness through multi stakeholder collaborations.’’ said GPSNR Director Stefano Savi. 

GPSNR’s third virtual General Assembly drew more than 120 attendees, including members of the Platform, partners and invited guests. In addition to voting on resolutions like the reporting requirements, GPSNR members also elected representatives to the 2021-2022 Executive Committee, which comprises representatives from each of the membership categories. 

Access the reporting requirements here. 

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About GPSNR: 

GPSNR is an international membership driven platform set up to define sustainability for the natural rubber value chain. It brings together various stakeholders to a common ground based on fairness, equity and environmental sustainability. More on sustainablenaturalrubber.org

For more information, please contact:

Bani Bains

Communications Manager

Email: bani.bains@gpsnr.org

Ph: +65 97268165

Strategy and Objectives Working Group: The consortium of Agridence and Koltiva have initiated field trials for the Risk Subgroup Traceability Pilot. The Risk Subgroup is also planning the next steps for the deliverable from ASI regarding the Risk Assessment Framework, including internal piloting and cross-walking with GPSNR commissioned studies to identify any gaps. 

Additionally, the Risk Subgroup and Basel Institution are in preliminary discussions for a potential collaboration to investigate corruption risk in the supply chain. The Assurance Model Task force will convene to receive updates on KPI alignments, the due diligence system, and the progress model of its members.

Smallholders Representation and Capacity Building (SCB) Working Group: The SCB WG has formally endorsed the Terms of Reference (TORs) on April 27, and the Smallholders Policy-Equivalent (SPE) Taskforce is currently working towards securing the SCB WG’s endorsement for the final recommendations presented in their report.

The Thailand National Subgroup recently announced a tender for GAP Coaching on May 4, with a proposal submission deadline of June 30, 2023. Meanwhile, the Agroforestry-Income Diversification Taskforce is working on finalising the workshop schedule for the years 2023-2024. Lastly, the SCB WG will continue to oversee all projects taking place in Indonesia and Thailand.

 Policy Toolbox Working Group: The working group has chosen consultant Petra Westerlaan to propose a quantitative approach for the reporting matrix, including a crosswalk with other reporting frameworks (CDP Forest, GRI, and ZSL-SPOTT), aiming to facilitate data aggregation and simplify the evaluation of annual progress. They will evaluate and decide on the consultant’s proposed revisions to the reporting framework, and make recommendations to improve the reporting process and timelines.

The Policy Toolbox WG has to agree on the TRR, update Reporting Guidance to reflect the proposed changes, and finalize the Compliance Panel TOR and operational guidance based on the Assurance Model. The WG is currently conducting meetings that will continue during the in-person meetings. 

Shared Responsibility Working Group: The face-to-face meeting included a presentation on governance and guiding principles, and manufacturers to submit a revised document. The WG is currently awaiting the outcomes of discussions on shared investment principles at the manufacturers’ category level before proceeding with their work. Once the proposal from the manufacturers is available, the WG will revamp the discussions on data sharing and value transfer.