International sustainable forestry investor New Forests announced that PT Hutan Ketapang Industri (HKI) achieved certification against the Forest Stewardship Council® (FSC®) forest management standards. HKI is the first large-scale rubber plantation to operate with FSC certification for latex.

Timberlands

PT Hutan Ketapang Industri achieved certification to FSC forest management standards

International sustainable forestry investor New Forests announced that PT Hutan Ketapang Industri (HKI) achieved certification against the Forest Stewardship Council® (FSC®) forest management standards. HKI is the first large-scale rubber plantation to operate with FSC certification for latex.

FSC certification is a requirement of New Forests’ investment policy for its Tropical Asia Forest Fund (TAFF), which invested in HKI in December 2015. The investment supports the development of a 30,000+ hectare rubber plantation on degraded land across HKI’s 100,000- hectare estate in the Ketapang Regency of West Kalimantan, Indonesia. The estate currently includes around 21,000 hectares of planted rubber (Hevea brasiliensis).

Another initiative, the SPOTT Natural Rubber Transparency Ratings, supports investor awareness of rubber sustainability issues and transparency in the supply chain. In the inaugural 2019 SPOTT Natural Rubber Assessment, HKI achieved the highest rating of companies assessed.

New Forests is a sustainable real assets manager offering leading-edge strategies in responsible forestry.