THE Guyana Sugar Corporation (GuySuCo) is receiving vital support from the Guyana National Bureau of Statistics (GNBS) to address issued relating to its products with certification being the ultimate aim of the partnership.

According to a release from GuySuCo, on Thursday last GuySuCo Executives met with Heads from various departments at the GNBS.

The new ‘Sustainable Business Model’ and ‘Strategic Plan’ for GuySuCo for the period 2019 – 2021, is designed to ensure that the corporation operates and is managed at the highest level as a business; as such, quality assurance is being mainstreamed throughout the supply chain, value chain and in other aspects of the business.

According to GuySuCo, the GNBS is viewed as a critical partner in assisting the corporation in building its capacity and ensuring that appropriate systems, guidelines and processes are aligned with national, regional and international standards.

“The GNBS has committed to supporting GuySuCo in addressing matters pertaining to its current products (brown, raw and packaged sugar; and molasses), in addition to its value-added products – white sugar, co-generation and ‘Cultural Heritage (Sugar) Tourism’ programme,” the corporation said.

The GNBS will provide support as it relates to certification for white sugar and relative to co-generation; support will also be provided on the required Energy Management standard, ISO 50001.

The new Sustainable Business Model for GuySuCo focuses on the Triple Bottom Line (TBL or 3BL), meaning that its accounting framework will include three aspects: economic (financial), social and environmental. In relation to GuySuCo’s activities in the area of environment, the corporation will be working closely with GNBS on ISO 14000 which is the Environmental Management Standard.

Some standards are cross-cutting, such as the ISO 45001 – Occupational Health and Safety Standard. According to GuySuCo, this will also be integrated into the development of the ‘Cultural Heritage (Sugar) Tourism’ product, a new business stream for the corporation.

“This partnership building session has strengthened the relationship between GuySuCo and GNBS and clarified ways-of-working together, towards GuySuCo becoming a resilient and sustainable business while complying with required standards,” the corporation stated.