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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Rubber manufacturer

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Environment

Analysis: Michelin’s no-deforestation claims in Indonesia rubber plantation a stretch

Rubber manufacturer Michelin claims to have avoided millions of tons of carbon emissions and saved thousands of hectares of primary forest in a sustainable rubber plantation project in Indonesia. Michelin joined the project in 2014 after buying a stake in the Indonesian rubber company RLU, which in 2018 raised $95 million in green bonds. In 2022, Michelin became RLU’s sole shareholder, and repaid the green bonds raised by the project. […]

todayMay 30, 2024 37

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