Currently, ecosystem and biodiversity are facing threats from various factors, such as land use change, use of agricultural chemicals, invasion of alien species, and climate change, especially in areas with high biodiversity. Many countries have started implementing measures to prevent biodiversity loss.

The company has been certified with international standards FSCTM (Forest Stewardship CouncilTM), both FSCTM-FM (Forest Management Certification), sustainable forest management standards, and FSCTM-COC (Chain-of-Custody Certification), product chain management standards, from the rubber plantation, and concentrated latex businesses to the medical rubber glove business in order to build confidence and acceptance from international buyers.

Management guidelines

  • The Company has also announced a sustainable natural rubber procurement policy aimed at supporting natural rubber trading partners to procure and deliver raw materials for natural rubber products in accordance with policy guidelines that are consistent with the GPSNR Policy Framework, and in preparation for the European Union’s expected enforcement of the EU Deforestation-free Products Regulation (EUDR), the essence of which is that there will be traceability of the source of raw materials which must come from areas free from deforestation and encroachment on reserved forest areas.
  • Developed the Sri Trang Friends Platform to be able to support traceability of the origins of rubber cultivation, ensuring that the business operations of the Company and its trading partners are carried out free from deforestation or causing loss to the ecosystem and biodiversity.
  • Study the impacts on biodiversity using the Integrated Biodiversity Assessment Tool (IBAT), an internationally recognized database, to assess risks and impacts on biodiversity.
  • Conserve natural resources and manage them sustainably.

Goal

100 percent
of manufacturing plants located in Thailand have undergone a preliminary biodiversity risk assessment.

Performance

The company using the Integrated Biodiversity Assessment Tool or IBAT, which is an internationally accepted database, to assess risks and impacts on biodiversity, covering 23 locations, or 100 percent of its production areas located in Thailand. The results of the biodiversity risk assessment using the IBAT tool found that no business activity in the World Heritage areas and protected areas by the International Union for Conservation of Nature (IUCN) category 1-4. In other words, the business activities are not in strict nature reserves, national parks, natural monuments, and habitat and species management areas.

Example of Using the Integrated Biodiversity Assessment Tool (IBAT) to Assess Biodiversity Risks and Impacts Sri Trang Agro-Industry Public Company Limited – Trang Branch

Biodiversity Conservation Promotion Activities

Reforestation to Mitigate Global Warming,
Sri Trang Agro-Industry Public Company Limited (Ubon Ratchathani Branch)

In 2024, the company has planted a total of 2,400 trees to increase green space and help reduce carbon dioxide in the atmosphere.
(The detail can be found in the 2024 Sustainability Report under the section on Consideration of Ecosystems and Biodiversity)