Sustainable natural rubber: Yokohama Rubber adopts procurement policy
Yokohama Rubber has introduced a procurement policy for sustainable natural rubber based upon the Sustainable Natural Rubber Initiative (SNR-i) launched by the International Rubber Study Group as well as the main proposals made by the Tire Industry Project (TIP) at the World Rubber Summit 2018 in May. With its policy, the tyre and rubber products manufacturer addresses concerns such as unlawful deforestation, land exploitation, human rights violations, and adverse effects on biodiversity. Not only will Yokohama Rubber adhere to the procurement policy, it will also promote it through its supply chain.
In addition to participating in SNR-I, Yokohama Rubber is one of 11 tyre makers taking part in TIP, a project led by the World Business Council for Sustainable Development. TIP is currently creating a framework to ensure the sustainability of natural rubber.