BRIDGESTONE GROUP
Climate Impact & Sustainability Data (2015, 2019, 2020, 2024)
Reporting Period: 2015
Environmental Metrics
ESG Focus Areas
- Mobility
- People
- Environment
Environmental Achievements
- Created the first tire to use natural rubber derived only from guayule.
- Developed "ologic" tire technology, reducing rolling resistance by approximately 30% compared to conventional tires.
- Collected 2,000 tires in Costa Rica for proper disposal as part of a dengue prevention program.
Social Achievements
- Participated in Brake and Tire Watch in South Africa, training over 1,200 traffic officials.
- Provided free vocational education to high school graduates in Indonesia through LLK-BS.
- Strengthened CSR among suppliers through the Sustainable Natural Rubber Initiatives (SNR-i).
Governance Achievements
- Established the Bridgestone Group Awards to recognize achievements in various areas, including contributions to society, environmental excellence, and risk management.
Climate Goals & Targets
- 100% sustainable materials
- In balance with nature (by 2050 and beyond)
Environmental Challenges
- Climate change, resource scarcity, and biodiversity loss due to increased demand for automobiles.
- Overconcentration of natural rubber production in certain regions.
Mitigation Strategies
- Promoting sustainable procurement of natural rubber, including research and development of guayule.
- Developing fuel-efficient tires ("ologic") to reduce CO2 emissions.
- Implementing initiatives to improve natural rubber plantation productivity, enhance quality, support forest sustainability, and demonstrate appropriate water management and respect for human and labor rights.
Supply Chain Management
Responsible Procurement
- Sustainable Natural Rubber Initiatives (SNR-i) participation
- CSR Procurement Guidelines
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products (e.g., "ologic" tires)
Reporting Standards
Frameworks Used: International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI) Sustainability Reporting Guidelines (Version 4.0)
Sustainable Products & Innovation
- "ologic" tires
- Tires made entirely of natural rubber components from guayule
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Climate Change
- Water Usage
- Supply Chain
- Mobility
- People (Employee well-being, community engagement, education)
- Environment (Biodiversity, circular economy, CO2 reduction)
Environmental Achievements
- Achieved water reduction target ahead of schedule
- Achieved CO2 emission reduction target ahead of schedule
- Switched to 100% renewable energy in three Spanish tire plants and one tire cord plant in 2018, with plans to add three more European plants in 2020.
- Implemented large-scale solar power generation at plants in China and India.
Social Achievements
- Launched 'Bridge to Knowledge' campaign in Vietnam, constructing bridges to improve access to education.
- Implemented driver training and vision correction programs in India.
- Provided earthquake-resistant rubber for Tokyo Aquatics Centre and Ariake Arena.
- Implemented various traffic safety education programs globally.
Governance Achievements
- Established a global sustainability promotion system in January 2020.
- Issued a Code of Conduct in 2018 and conducted e-learning on it for 89.5% of employees in 2019.
- Improved global risk identification process in 2019.
Climate Goals & Targets
- Net-zero emissions by 2050
- 100% sustainable materials by 2050
- No net loss to biodiversity by 2050
- Reduce CO2 emissions (Scope 1 & 2) by 30% by 2030 (aiming for 50% reduction)
- Contribute to a CO2 reduction more than 5 times the amount of our Scope 1 & 2 emissions through solution provision by 2030.
- Increase the ratio of materials derived from recycled or renewable resources to 40% by 2030.
- Reduce water consumption by 40% by 2020 (achieved ahead of schedule)
Environmental Challenges
- Climate change, resource depletion, and environmental degradation.
- Supply chain disruptions
- Global risks such as cyberattacks, information leaks, and data theft.
Mitigation Strategies
- Developing sustainable solutions across the value chain.
- Implementing water stewardship plans in water-stressed regions.
- Promoting circular economy initiatives.
- Strengthening risk management and business continuity plans.
Supply Chain Management
Supplier Audits: EcoVadis assessments conducted for 48% of tire raw material suppliers.
Responsible Procurement
- Global Sustainable Procurement Policy (2018)
- Sustainable natural rubber platform (GPSNR)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events, flooding
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products and solutions
Reporting Standards
Frameworks Used: GRI Standards, IIRC Integrated Reporting Framework
Certifications: ISO 14001, ISO 9001
Third-party Assurance: Lloyd's Register Quality Assurance Limited (LRQA)
Sustainable Products & Innovation
- Low rolling resistance tires
- Retreaded tires
- Air-free concept tires
- SUSYM (next-generation polymer)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced global water withdrawal intensity by 40% compared with 2005.
- Improved resource productivity (sales per raw materials used) by 33% compared with 2005.
- Reduced CO2 intensity by 34% compared with 2005.
Social Achievements
- Established Global Criteria for Occupational Injury to classify injuries.
- Lost-time injury frequency rate of 2.57 in fiscal 2020.
Governance Achievements
- Transitioned to the “Company with Nominating Committee, etc.” model of corporate governance in March 2016.
- Amended Articles of Incorporation to abolish the Chairman of the Board system.
Climate Goals & Targets
- Carbon neutrality by 2050
- Achieve carbon neutrality by 2050.
- Increase use of recycled and renewable materials to 40% of resources by 2030.
- Reduce CO2 emissions by 50% by 2030 compared with 2011 emissions.
Environmental Challenges
- High-cost, high-expense structure and price management issues causing operating profit to decline.
- Impact of COVID-19 on the global economy.
- Fundamental shift in the mobility industry with developments in MaaS and CASE.
Mitigation Strategies
- Positioned the period beginning in 2020 as its “third foundation” (Bridgestone 3.0) and formulated the Mid-Long Term Business Strategy.
- Enforced thorough crisis management and promoted cash-oriented management in response to COVID-19.
- Promoting the rebuilding of earning power through expense and cost structure reformation, business portfolio and manufacturing footprint restructuring, and operational excellence.
Supply Chain Management
Responsible Procurement
- Sustainable Natural Rubber procurement
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB (Sustainability Accounting Standards Board)
Sustainable Products & Innovation
- ENLITEN tire technology
- MasterCore tire line
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainable Procurement
- Natural Rubber Sustainability
- Carbon Neutrality
- Human Rights
- Environmental Responsibility
- Governance
Environmental Achievements
- Improved resource productivity (Milestone 2020)
- Aiming to reduce total CO2 emissions from direct operations (scope 1 and 2) by 50% by 2030 (from 2011 levels)
- Targeting to improve usage ratios of materials from recycled and renewable material to 40% by 2030
- Commitment to no deforestation initiatives
- Actively conducting reforestation and restoring deforested areas
Social Achievements
- Commitment to respecting human rights, responsible labor practices and good governance
- Collaboration with GPSNR to improve natural rubber supply chain
- Implementation of grievance mechanisms
- Third-party assessment platform for Environment, Labor Practices, Fair Business Practices and Sustainable Procurement
- Commitment to fair wages and benefits
- Prohibition of child labor and forced labor
Governance Achievements
- Strengthening corporate governance
- Transparent decision-making and management policies
- Incorporation of Global Sustainable Procurement Policy requirements into decision-making process
- Third-party assessment platform for Environment, Labor Practices, Fair Business Practices and Sustainable Procurement
- Annual reporting on progress through the “Bridgestone Sustainability Report”
- Commitment to compliance with all applicable laws and regulations
Climate Goals & Targets
- 100% Sustainable Materials by 2050
- Contribute toward carbon neutral society by 2050
- Reduce total CO2 emissions from direct operations (scope 1 and 2) by 50% by 2030 (from 2011 levels)
- Improve usage ratios of materials from recycled and renewable material to 40% by 2030
- Suppliers to set SBTs by the end of 2026
Environmental Challenges
- Achieving 100% Sustainable Materials by 2050
- Addressing complex social issues, forests, water systems, biodiversity, and global greenhouse gas emissions in natural rubber supply chain
- Ensuring compliance with Sustainable Procurement Policy across the entire supply chain
- Enhancing traceability in natural rubber supply chain
- Addressing human rights and labor issues in diverse global regions
Mitigation Strategies
- Collaboration with Suppliers, technology experts and other value chain members
- Active engagement with GPSNR
- Development and implementation of Environmental Management Systems
- Third-party assessments and reporting
- Support for Suppliers to achieve compliance
- Continuous review and update of Global Sustainable Procurement Policy
Supply Chain Management
Supplier Audits: Third-party assessment platform for Environment, Labor Practices, Fair Business Practices and Sustainable Procurement
Responsible Procurement
- Global Sustainable Procurement Policy
- Minimum Requirements and Preferred Practices for Suppliers
- Traceability requirements
- Compliance monitoring
- Support for Supplier improvement
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
- Renewable energy options
Reporting Standards
Frameworks Used: GPSNR Policy Framework, UNGP Effectiveness Criteria, Science Based Targets (SBT) initiative, ISO14001, ISO50001, SA8000, ILO Conventions, Fair Trade International Standards, UN SDGs
Certifications: ISO14001, ISO50001, SA8000
UN Sustainable Development Goals
- SDG 7
- SDG 12
- SDG 13
- SDG 15
Initiatives contribute to these goals through sustainable procurement practices, reduced emissions, responsible consumption and production, climate action, and life on land