Natural rubber is derived from a milky white sap called latex, when the rubber tree is tapped. Tapping is an incision made on the tree and a layer of bark is removed.
Olam has partnered with the Republic of Gabon in a 60:40 Joint Venture to develop 12,000 ha hectares of rubber plantations. From 2013 to October 2016, Olam Rubber Gabon has planted 8,985 hectares (ha), with a final target of 12,000 ha in 2017.
Prior to commencing development, Olam Rubber completed the Environmental & Social Impact Assessment (ESIA) and Environmental & Social Management Plan (ESMP) as well as social due diligence for a 37,137 ha land lease. LIDAR and soil surveys were completed in 2012 to determine sensitive landscapes and the suitability of an area for planting / development, resulting in 12,000 ha plantable land. The vast majority of unplanted land (25137 ha or 68%) is preserved as traditional village use areas, buffer zones, traditional hunting areas, and conservation set-asides areas or because the land is unsuitable for planting (wetlands, rivers and steep slopes).
We obtained the Free, Prior and Informed Consent (FPIC) from communities prior to starting work, and ensure continuous engagement with communities throughout the whole project cycle through our dedicated social team. Social contracts were signed and the implementation progress is monitored through an on-going committee at the village level elected by our stakeholders.