Message From CEO

The natural rubber market in 2024 has seen significant volatility, with supply constraints due to climate change shaping the landscape. As CEO, I'm steering our company through these challenges while maintaining our commitment to robust sustainable practices. We're taking important measures in regards to reducing our carbon footprint, fostering inclusion, and maintaining transparency in our supply chains.

The 2022 acquisition of Halcyon Agri Group by Hainan Rubber Group signifies a pivotal shift in our ESG practices. As a 70-year pioneer, we prioritize integrating sustainability principles throughout our entire value chain.

LEE KENG SENG

Chief Executive Officer

Regarding environmental matters, TBH plans to join the Science Based Target Initiative (SBTi) in 2025. We have completed solar rooftop installations and are transitioning to biomass furnaces using Palm Kernel Shells to support a low-carbon economy.

On the social and governance fronts, we aim for full certification under the Good Labor Practice Standard by 2024. We are also preparing for the EU Deforestation Regulation (EUDR) to ensure our products are deforestation-free, positioning us as a leader in sustainable rubber production.

SUSTAINABILITY MANAGEMENT
AND STRUCTURE

Sustainability Governance Structure

The Company has established a Sustainability Management Committee and Executive Team, comprising the Management Committee, the Sustainability Department, and the Executive Team. They are responsible for planning, monitoring, and developing initiatives to achieve the Company’s sustainability objectives and targets as follows

Management Committee

Reviews policies, strategies, targets, operational approaches, and supports sustainability-related activities of the Company.

Executive Team

Environmental
Social
Economic and Governance

Sustainability Department

  • Defines sustainability strategies, targets, and operational approaches, and presents them to the Sustainability Management Committee.
  • Oversees, supervises, and audits sustainability activities across all branches to ensure alignment with Company policies.
  • Analyzes performance and develops sustainability initiatives in accordance with international standards and best practices.
  • Promotes engagement with internal and external stakeholders to support organizational sustainability.
  • Prepares reports and summarizes performance results to guide future planning.
  • Reports performance to the Committee, prepares the annual sustainability report, coordinates and communicates with customers and stakeholders, and manages ESG ratings from various agencies.

KEY SUSTAINABILITY PERFORMANCE

Driving force to achieve responsible targets across Quality, Environment, Social, and Governance aspects.

ENVIRONMENT

SOCIAL

GOVERNANCE

REPORTS & DUE DILIGENCE

Sustainability Report

Report 2024

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Report 2023

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Report 2022

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Human Rights Due Diligence Report

Report 2024

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Report 2023

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GRI Content Index Report

Report 2024

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