Inaugural SPOTT assessment rates Halcyon Agri as the 2nd most transparent rubber company
We’re pleased to share that Halcyon Agri has been rated as the 2nd most transparent rubber producing company globally, according to a first-of-its-kind study. The research gives Halcyon a score of 69.6% across ESG categories and supply chain assessments, a score that is almost double the industry average of 35% among major natural rubber companies.
The SPOTT (Sustainability Policy Transparency Toolkit) initiative, developed by international conservation charity ZSL (Zoological Society of London), assesses 15 of the most significant natural rubber companies against 120 sector-specific transparency indicators. These indicators concern the public disclosure of each company’s policies, operations and commitments related to environmental, social and governance issues.
- Mighty Earth shared the following comment on their social media platforms: ‘To get to sustainable natural rubber that protects our environment and human rights, we need every single rubber and tire company to commit to full traceability and transparency. Today, ZSL SPOTT launched transparency assessments of 15 rubber producers and processors. Halcyon, the world’s largest rubber company, stuck to their commitments and received one of the top scores on the assessment. We call on every rubber company to follow their lead and embrace transparency.’
- Robert Meyer, CEO of Halcyon Agri commented: ‘A study like this, which shines a spotlight on the industry, should be welcomed – not just by those in the supply chain, but the major companies and billions of consumers who use it every day. We’re proud that our own place in the scores validate the efforts we have made to make Halcyon Agri as sustainable and transparent as possible. We are a company that leads from the front, and while there remains much work still to do, we are determined to leave no stone unturned in our sustainability vision.’
Halcyon Agri’s score and high ranking showcases our strong commitment to the open visibility of all sustainability actions not only in our own operations, but also in support of all our suppliers. This includes the zero deforestation policy across our Cameroon plantations, our collaboration with international and local NGOs to create a community-first approach, as well as the HeveaConnect digital marketplace. We look forward to further raising our transparency credentials and bolstering industry standards in next year’s assessment.