SV Polymer Sustainable Natural Rubber Policys

SV Polymer Values and Principles

SV Polymer Co., Ltd is a manufacturer and distributor of block rubber both in and outside Thailand. The core activity of SV Polymer is Natural Rubber which is an environmentally friendly and renewable resource. We understand that our activities will impact the environment, the life of the farmers who painstakingly tap each tree before the dawning of the sun and the safety of our lives who rely on the tires that uses natural rubber to bring us for mobility.

As it takes 7 years to grow the rubber tree before it can start the 20 years production of latex, our business is long term. In SV Polymer, we seek to maintain a balance between business performance, environmental stewardship and our continual building of sustainable relationships with our partners and employees. To successfully meet the ever-changing challenges and Contributing to the well-being of the humanity, we base our values in

Satisfying our customers requirements and needs.
Contributing to the organization economic performance.
Establishing relationships of honesty and integrity with our partners and suppliers.
Respecting the people.
Respect Facts Promoting environmental friendly activities.
Assuring Quality Product.
Encouraging continual innovation and development.
Sustainability as our long-term vision

SV Polymer is committed to build a sustainable business with strong social relevance and inclusive growth of contribution to the society by supporting causes on various concerns including road safety, healthcare, environmental sustainability, promoting education, promoting sports and other rural development activities. In pursuance of our vision that SV Polymer desires to be a Company which society wants to exist, we are dedicated towards fulfilling the social objectives through various CSR activities. The Company shall make the activities endeavor to positively impact and influence the Society for its sustainable development. We pledge to continuously improve our performance related to respect of people and of the environment. Our supplier relations are driven by the core principles outlined in Value and principle above, which also guided by the principles of impartiality, fairness and loyalty.

Successful business did not come from only hard work or special technical ability but derived from synergy and create share value among the community, country and company. Only then will it be sustainable.

Sustainable Natural Rubber Policy Components

SV Polymer Co., Ltd aligns itself with industry leading commitments, and has developed its sustainable natural rubber policy with reference to the Global Platform for Sustainable Natural Rubber (GPSNR) Policy Framework. In line with its commitment to source and process natural rubber in a sustainable manner, SV Polymer Co., Ltd commits and requires its suppliers to commit to the following:

1. Commitment to Legal Compliance
1.1. Complying with applicable local, national and international laws on human rights, labour, land use, and the environment
1.2. Working against corruption in all of its forms including extortion and bribery.

2. Commitment to Healthy, Functioning Ecosystems
2.1. Commitment to zero deforestation principles and no conversion of natural ecosystems
2.1.1. Producing and sourcing natural rubber in a way that does not contribute to deforestation or degrade High Conservation Values (HCVs). Identification and management of areas for development and conservation follow the methodology and guidance consistent with the HCV Approach and with the High Carbon Stock Approach (HCSA).
2.1.2. Natural rubber from areas deforested or where HCVs have been degraded after the cutoff date of 1 April 2019 is considered to be non-conforming with this policy element.
2.2. Supporting the long-term protection of natural forests and other ecosystems and their conservation values, and restoring or supporting restoration of deforested and degraded rubber landscapes. SV Polymer Sustainable Natural Rubber Policy
2.3. Not using open burning/fire in new or ongoing operations for land preparation, land management, waste management, or any other reason other than in justified and documented cases of fire break establishment, waste management for sanitary reasons where public garbage collection is not available, phytosanitary and other emergencies.
2.4. Protecting wildlife, including rare, threatened, endangered and critically endangered species from poaching, over-hunting and habitat loss in areas under company management and supporting wildlife protection activities in areas of influence. No hunting except certain instances of sustainable hunting by local communities for subsistence purposes that do not cause decline of local species populations.
2.5. Protecting water quantity and quality, preventing water contamination from agricultural and industrial chemicals, and preventing erosion and sedimentation. Protecting natural waterways through appropriate controls including buffer zones.
2.6. Protecting soil quality, preventing erosion, nutrient degradation, subsidence and contamination.
2.7. Preventing the development of or sourcing from natural rubber plantations on peat, regardless of depth, extent, or status (wet, drained or dry).
2.8. Minimizing use of chemicals (agrochemicals), including pesticides and chemical fertilizer through reductions and with promoting Integrated Pest Management approaches. No use of World Health Organisation (WHO) Class 1A and 1B pesticides and paraquat. No use of chemicals listed under the Stockholm Convention and Rotterdam Convention.

3. Commitment to Respecting all Human Rights
3.1. Respecting and protecting internationally recognized human rights (including upholding the UN Guiding Principles on Business and Human Rights [UNGP]) by avoiding causing or contributing to adverse human rights impacts and preventing or mitigating any harm linked to company operations.
3.2. Establishing and maintaining a company grievance mechanism (consistent with UNGP effectiveness criteria) to receive complaints and remedy adverse impacts they have caused due to production and sourcing.
3.3. Recognizing and protecting the customary, traditional and communal land tenure rights of indigenous peoples and local communities (IP/LC) including: Carrying out operations in accordance with the UN Declaration on the Rights of Indigenous Peoples (UNDRIP) Ensuring ongoing land tenure and access rights Upholding traditional rights of access for hunting and gathering of animals and plants for the purpose of subsistence and indigenous cultural and religious traditions, customs and ceremonies
3.4. Free, prior, and informed consent (FPIC)
3.4.1. Ensuring that, prior to any activity that might affect IP/LC rights to their lands, territories, and resources, their free, prior, and informed consent (FPIC) is secured. This includes when planning, establishing, restoring, or transforming corporate plantations and/or industrial sites. as well as associated infrastructure. The FPIC process is done in a culturally appropriate manner and follows credible accepted methodologies and associated GPSNR guidance. IP/LC have the right to give or withhold their consent to any activity that is subject to the FPIC process.
3.4.2. Where operations impinge on IP/LC rights, compensating or accommodating IP/LC through appropriate, mutually agreed measures reflecting and described in the negotiated outcomes of the FPIC process.
3.4.3. Adopting measures to provide remedy through mutually agreed procedures in cases where the company previously has caused or contributed to the appropriation of or harm to the lands, territories, or resources of IP/LC without securing FPIC. Implementation is jointly monitored by the community and the GPSNR member and/or by mutually agreed third party(ies).
3.5. Establishing ongoing, effective, culturally appropriate channels of dialogue with indigenous people and local communities.
3.6. Upholding applicable labour rights and labour laws in the jurisdictions where operating, the UN Guiding Principles on Business and Human Rights, and the intent of the International Labor Organizations eight core conventions. This includes:
3.6.1. Freedom of association and collective bargaining (ILO Convention No. 87 and No. 98) SV Polymer Sustainable Natural Rubber Policy
3.6.2. No forced labour (ILO Convention No. 29 and its 2014 Protocol)
3.6.3. No child labour (ILO Convention No. 138 and No. 182)
3.6.4. Decent living wages (ensuring that an employees salary is at least equal to the countrys minimum salary for an equivalent job with the view of fostering an adequate/decent living wage as envisioned by the ILO Conventions 100, 105 and 131)
3.6.5. No discrimination (ILO Convention No. 111 and No. 100), including eliminating gender related discrimination with regards to employment
3.6.6. Legal working hours
3.6.7. Safe and healthy workplaces, addressing occupational health and safety
3.6.8. No abusive practices (ILO Convention No. 105) 3.6.9. Gender equity
3.6.10. Safeguards apply to all workers, including contract, temporary and migrant workers.

4. Commitment to Community Livelihoods
4.1. Supporting decent living conditions of local communities (e.g., drinking water, adequate housing. sanitation), including essential community services and facilities.
4.2. Supporting the right to food and food security of individuals, households and local communities. Mitigating impacts on food security.
4.3. Supporting the economic, social and cultural rights of local people, including through access to education and employment (business/work opportunities).

5. Commitment to Increased Production Efficiency and to support smallholders
5.1. Offering or supporting training for natural rubber producers, including smallholders, to improve yield and quality.
5.2. Managing operations to minimize rate of energy usage.
5.3. Managing operations to maximize natural resource efficiency.
5.4. Minimizing and mitigating carbon emissions.

6. Commitment to Systems and Processes to Drive Effective Implementation of Policy Components
6.1. Setting public, timebound and geographic-specific targets and milestones with their associated indicators/metrics for applying its commitments. SV Polymer Sustainable Natural Rubber Policy
6.2. Embedding commitments into decision-making processes, systems, and performance metrics of corporate management, relevant business units, joint ventures, and company affiliates and subsidiaries.
6.3. Maintaining an active, regular stakeholder dialogue to provide relevant information, and to afford opportunities for feedback and suggestions related to fulfillment of the company s commitments.
6.4. Participating in/supporting multi-stakeholder planning and policy efforts that uphold sustainability principles (including those defined by industry platforms such as the Global Platform for Sustainable Natural Rubber) at a landscape, jurisdictional or other spatial level.

7. Commitment to Supply Chain Assessment, Traceability, and Management
7.1. Conducting supply chain mapping and assessing suppliers for social and environmental risk to prioritize risk mitigation actions.
7.2. Supporting traceability of natural rubber, at a minimum to an appropriate jurisdictional level, to know or control the conformance of purchased materials with these Policy Components.
7.3. Communicating to all suppliers of natural rubber that material produced and processed in accordance and conformance with these and the underlying GPSNR Policy Components will be preferred. Providing time bound requirements for meeting the policy requirements, and ensuring that supplier codes and contracts, engagement activities, and other mechanisms reflect these supplier expectations.
7.4. Regularly engaging the supply chain (both direct and indirect suppliers) to support their conformance with company commitments through effective incentives, support mechanisms, and purchase monitoring systems.
7.5. In instances of supplier non-conformance with the defined Policy Components in this document, developing time-bound implementation plans to move towards conformance and/or remediation of past or ongoing harms.

8. Commitment to Monitoring and Reporting on Progress Towards, and Conformance
8.1. Regularly monitoring progress toward company commitments in order to ascertain performance. Applying monitoring systems and practices to incorporate crowd-sourced information from local stakeholders and affected parties regarding non-conformance with commitments. Information sources may be informal or formal.
8.2. Reporting publicly on progress and outcomes related to the implementation of policy-related commitments at least annually.

9. Tax. Anti-corruption, Trade and Customs regulations policy
9.1. Bribery, Corruption, and Fraud Policy
9.1.1. SV Polymer is committed to conducting business in an ethical and honest manner and is committed to implementing and enforcing systems that ensure all forms of bribery, corruption, and fraud are prevented. SV Polymer has zero tolerance for bribery and corrupt activities. We are committed to acting professionally, fairly, and with integrity in all business dealings and relationships we build with our employees. SV Polymer will constantly uphold all laws relating to anti-bribery and corruption and adhere to the laws and regulations of Thailand
9.1.2. This policy applies to all employees, managers, and owners, including temporary or contract employees. Employees must ensure that they do not become involved in any way in the payment of bribes.
9.1.3. Bribery can be described as: giving or receiving anything from any person (usually money, a gift, loan, reward, favour, commission or entertainment), as an improper inducement or reward for obtaining business, employment or any other benefit.