75 Corporate Governance and Business Ethics Fostering Action on Climate Change FOSTERING RESPONSIBLE SUPPLY CHAINS Fostering an Inclusive Workplace Charting the Path to Sustainable Growth GRI Index Arise IIP | Sustainability Report 2023 Rainforest Alliance addresses deforestation, climate change, rural development, biodiversity, and conservation. We ensure eco-friendly production through Rainforest Alliance certification, which highlights sustainable procurement and production to our customers and stakeholders. The Rainforest Alliance Certification is already completed for 3,500 farmers for 5,000 metric tons of cashew in the reporting period. Additionally, we have achieved organic certification of soybean with over 50,000 metric tons of soybean being certified. Pillar III: Certifications and Partnerships for Sustainable Supply Chain Management As part of our commitment to responsible supply chains, we have formed successful partnerships and obtained certifications across our agriculture value chains, timber and meat processing units. We recognize that forest certification provides a mechanism to promote the sustainable management of our forests and ensures that forest-based products reaching the marketplace have been sourced from sustainably managed forests. Towards this, we have obtained Forest Stewardship Council (FSC) and Programme for the Endorsement of Forest Certification (PEFC) certifications for all our forests and timber owned and procured from Gabon, to ensure diversification of customer bases, and diversity of products. Aligned to the commitment towards sustainable growth, we have also incorporated environmental and social considerations in all our purchasing decisions to minimize the environmental and social impact across the lifecycle of the products and the services it procures. In line with our sustainability objectives, Our commitment to Sustainable Procurement the key pillars of our green procurement philosophy, backed by our sustainable procurement policy, are devised to ensure our procurement is conducted in line with socially and environmentally responsible actions. This extends to all the sourcing that we conduct across materials.
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