Apollo Tyres has released its first natural rubber policy document that is fully aligned with the policy framework of the Global Platform for Sustainable Natural Rubber (GPSNR). It is among the first companies to do so, said a release.
Supplementary to the Apollo Partnership Pact (APP), the Apollo Sustainable Natural Rubber (ASNR) policy has achieved greater clarity on the eight policy components of commitment to legal compliance, healthy functioning ecosystems, respecting human rights, community livelihoods, increased production efficiency, supply chain assessment and traceability, monitoring & reporting and driving effective implementation of all these components.
According to the release, ASNR policy has created a solid foundation of navigating company’s business activities while balancing the environmental, social and human right aspects of natural rubber supply chain, with the collaboration of the stakeholders involved.
GPSNR was founded by the World Business Council for Sustainable Development (WBCSD)’s Tyre Industry Project (TIP) involving various stakeholders like natural rubber farmers, traders and processors, tyre manufacturers, other rubber product manufacturers, car manufacturers and civil service organisations.