Standard Owner Benchmark - ROUND TABLE ON RESPONSIBLE SOY ASSOCIATION

By CommonShare

The Round Table on Responsible Soy Association (RTRS) is a global multi-stakeholder initiative that aims to promote responsible soy production and trade. It was established in 2006 and is composed of various actors from the soy value chain, including producers, traders, civil society organizations, and other relevant stakeholders.

The main objective of the RTRS is to foster the production and use of soy that is environmentally sustainable, socially responsible, and economically viable. This is achieved through the development and implementation of standards, certification systems, and other tools that encourage responsible soy practices.

The RTRS has developed a set of Principles and Criteria for responsible soy production, which cover environmental, social, and economic aspects. These principles include responsible agricultural practices, conservation of natural resources, respect for human rights and labor rights, and responsible business practices, among others. The RTRS certification allows producers and traders to demonstrate their compliance with these principles.

Certified soy under the RTRS system is intended to be produced with reduced environmental impacts, including the responsible use of agrochemicals, protection of biodiversity and ecosystems, and responsible land use. It also seeks to ensure that soy production respects the rights and well-being of workers, local communities, and indigenous peoples.

By promoting responsible soy production, the RTRS aims to mitigate the negative environmental and social impacts associated with soy cultivation, such as deforestation, habitat destruction, water pollution, and labor rights violations. It also aims to contribute to the sustainable development of soy-producing regions by supporting the adoption of best practices and promoting dialogue among stakeholders.

The RTRS operates through a governance structure that includes a General Assembly, Board of Directors, and working groups focused on specific topics or regions. It engages with stakeholders from different sectors and encourages collaboration and dialogue to address the complex challenges related to soy production.

While the RTRS has made efforts to improve the sustainability of soy production, it has also faced criticism from some environmental and social organizations. Critics argue that the RTRS standards and certification processes may not go far enough in addressing the root causes of environmental and social issues associated with soy cultivation, and that the organization's governance structure may not provide equal representation to all stakeholders.

Overall, the RTRS plays a significant role in promoting responsible soy production and trade by setting standards, fostering collaboration, and providing a platform for stakeholders to work together towards a more sustainable soy industry.

Overall Rating

2.2
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.
ROUND TABLE ON RESPONSIBLE SOY ASSOCIATION
Switzerland
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.