SINGAPORE—Halcyon Agri Corp. Ltd. has launched a sustainable natural rubber supply chain policy to meet World Wildlife Fund recommendations for its Cameroon subsidiary Sudcam.
As part of the move, Halcyon marketing arm Corrie MacColl will set up a sustainability commission to monitor the implementation of the policy within both Corrie MacColl and Sudcam, Halcyon said Nov. 20.
The move, which has coincided with a recent NR sustainability initiative by the tire industry, goes back to a 2015 report by the Center for International Forestry Research on Chinese rubber expansions in Cameroon. The report examined the impact of "large-scale land concessions" on forest cover and biodiversity, and on land claims and governance. Specifically, it looked at the potential impact of Sud-Cameroun Hevea S.A., which previously was owned by a subsidiary of Sinochem and is now owned by Halcyon Agri.
In July 2018, Greenpeace followed up with the report "Halcyon Agri's ruinous rubber" regarding the environmental and social impacts of Sudcam's operations.