Toyo Tire & Rubber Co. has announced it will voluntarily support and participate in the Sustainable Natural Rubber Initiative (SNR-i), an International Rubber Study Group (“IRSG”) effort to ensure the sustainability of natural rubber as a resource.
Toyo said its participation in SNR-i will strengthen the company’s Corporate Social Responsibility (CSR) initiatives across the entire supply chain while helping to achieve a sustainable natural rubber economy.
IRSG’s initiative establishes the five guidelines for the natural rubber supply chain from production to consumption. The guidelines include:
1. Supporting improvement of productivity
2. Enhancing natural rubber quality
3. Supporting forest sustainability
4. Water management
5. Respect for human and labor rights
Toyo said in a press release that the Toyo Tires Group has established “Collaboration with business partners” as a priority theme of its CSR policy. Additionally, the tiremaker created the “Toyo Tires Group CSR Procurement Guidelines.”