By Manoj Vembu
The recent launch of the Indian Sustainable Natural Rubber (iSNR) initiative marks by The Rubber Board India, a statutory board of the Ministry of Commerce & India, Government of India, represents a significant milestone in India’s commitment to sustainable development and positions the country as a frontrunner in developing a framework for ethical commodity sourcing. iSNR aligns with global sustainability frameworks and the European Union Deforestation Regulation (EUDR), to offer a comprehensive framework that addresses both environmental and economic considerations.
Central to this initiative is TRST01, the technology partner entrusted with developing and maintaining the certification system. TRST01’s platform emphasizes rigorous data collection and the creation of immutable records, ensuring that every stage of the rubber production process is transparent and verifiable. This approach not only facilitates compliance with international regulations but also enhances the credibility of Indian natural rubber in global markets.
For businesses, particularly those in sectors such as automotive and manufacturing, the iSNR framework provides a reliable source of sustainably certified rubber. This is crucial as supply chain transparency and adherence to environmental standards become not just regulatory requirements but key drivers of consumer trust and brand reputation.
Additionally, iSNR offers a zero-cost certification model for farmers, ensuring that small-scale producers are not excluded from global supply chains due to financial constraints. By democratizing access to certification, iSNR promotes economic inclusivity and secures a consistent supply of sustainable raw materials for industries worldwide.
The model is dependent on the data immutability that TRST01’s solutions offer, which makes certain that all information collected within the supply chain is securely recorded and resistant to tampering. This level of data integrity is essential for businesses seeking to mitigate risks associated with fraudulent practices and to uphold the highest standards of corporate governance.
The iSNR initiative promises a robust model for sustainable commodity sourcing. It balances environmental responsibility with economic viability, providing a blueprint for other industries to emulate in the pursuit of transparent and ethical supply chains.
As the Director of TRST01 Global Ventures, Manoj leads the strategic market expansion of sustainable supply chain traceability technology.
The post India Now Has a Blueprint to Develop Sustainable and Transparent Commodity Markets first appeared on Energy Asia.
