Bridgestone Corporation (Bridgestone), the world’s largest tire and rubber company, has announced a new Global Sustainable Procurement Policy to help identify and evaluate qualified suppliers, promote best practices, and serve as a communication and improvement tool for the industry.
The policy reflects a company commitment to procurement programming that drives action to realise long-term environmental, social and economic benefits. The policy is applicable to all purchased materials and services, as well as all suppliers globally.
“Our new policy is a critical step in realising the Bridgestone Group’s global corporate social responsibility commitment, “Our Way to Serve,” which provides a framework for how we do business, develop products, and interact with customers and communities,” said Masaaki Tsuya, CEO and Representative Executive Officer, Bridgestone Corporation. “We recognise our ability and responsibility to drive change and improvements in the ways that industry interacts with the environment and communities around the world. We expect our suppliers and partners to work with us in pursuit of sustainable supply chains, efforts which are never-ending and which require collaborations with all industry players, including communicating with the various audiences in order to generate broader public awareness.”
Guided by Bridgestone’s “Our Way to Serve,” the new policy aligns with Bridgestone’s goal of using “100% sustainable materials” in their products as the long-term vision by 2050 and beyond. It combines previous company guidelines into a single document that sets minimum requirements to conduct business with Bridgestone, as well as preferred practices that can contribute to faster realisation of sustainable supply chains.