Bridgestone receives recognition for climate change initiatives

Bridgestone is one of 346 companies that achieved an ‘A’ - out of over 21,000 companies scored.

Autocar Pro News Desk By Autocar Pro News Desk calendar 04 Mar 2024 Views icon3221 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Bridgestone receives recognition for climate change initiatives

Tyre company Bridgestone Corporation has been recognised for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual A List. Bridgestone is one of 346 companies that achieved an ‘A’ - out of over 21,000 companies scored.

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP uses capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests.

Over 24,000 organisations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization - and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.

Bridgestone strives to contribute to achieve carbon neutrality across its value chain. The Group’s efforts include acquisition of SBT (Science Based Targets) certification and increasing use of renewable energy. In 2023, the Group acquired SBT certification for its medium-term CO2 emissions reduction target for 2030 (Scope 1, 2 and Scope 3). The Group also has been transitioning to renewable energy sources for purchased electricity globally and installing solar power generation systems in its plants*5, Bridgestone commits to realizing sustainable society by co-creating value together with society, partners and customers while integrating sustainability and business.

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