Novolex released its third annual sustainability report, building on disclosures in prior editions and including many new topics reflecting Novolex’s values and commitments as well as stakeholder interests. Expansion of content continues Novolex’s journey of aligning environmental, social, and governance (ESG) reporting with Sustainable Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) formats as well as documenting the company’s response to the COVID-19 pandemic. New topics in the 2020 report include a greenhouse gas (GHG) target as well as disclosures related to raw material sourcing, focused giving, cybersecurity, diversity and inclusion, human rights and others. Highlights of the new content include Novolex’s first timebound target for greenhouse gas reduction from operations of 20% by 2025. Additionally, the report provides readers with greater information about Novolex products and the raw materials used to make them, aligning with SASB reporting standards for packaging companies. In 2020, 49% of raw materials were derived from renewable and post-consumer recycled (PCR) sources.
The standard becomes effective on 01 July 2022.
This standard is for the use in plantations by smallholders in Indonesia (Management Units smaller than 20 ha) and applies to rough wood and Non-Timber Forest Products (NTFP). The standard has been written in simple language and provides realistic and achievable indicators relevant to the circumstances of smallholders in Indonesia.
The Regional Forest Stewardship Standard (RFSS) in Indonesia is an adaptation of the approved RFSS for Asia Pacific for Smallholders in Indonesia, India, Thailand and Vietnam. The national adaptation for Indonesia has been developed and published to pilot test the indicators developed for specific circumstances in Indonesia. For more details on the scope, please refer to sections 1.3, 1.4 and 3.1 of the standard.
more at: https://fsc.org/en/newsfeed/regional-forest-stewardship-standard-for-smallholders-in-indonesia-approved