Nokian Tyres has published its Corporate Sustainability Report 2020, which it states was prepared “in accordance with the GRI (Global Reporting Initiative) Standards” and verified by an independent third party. The Corporate Sustainability Report describes Nokian Tyres’ work on sustainability actions in 2020 in terms of product liability and safety as well as social, economic, and environmental responsibility.
When Michelin launched its e.Primacy range in mid-November 2020, the French tyre manufacturer did so in the context of a goal to make all Michelin tyre 100 per cent sustainable by 2050. So how does Michelin plan to achieve this? One answer is the company’s expanding partnership with Scandinavian Enviro Systems (Enviro), details of which were recently released (see separate article). But there are other parts of this plan.
Bridgestone Americas has executed a US$1.1 billion sustainability-linked credit facility in partnership with Sumitomo Mitsubishi Banking Corporation (SMBC). Under this credit facility, the costs that Bridgestone incurs in relation to its borrowings will decline or rise in line with independent appraisals of its sustainability.
Members of the Global Platform for Sustainable Natural Rubber (GPSNR) convened the annual General Assembly on 23 September 2020. The event saw the approval of a members’ sustainability policy framework and the creation of a new membership category for smallholder producers of natural rubber.
Pirelli holds the distinction of being the only company within the automotive components sector to achieve ‘Gold Class’ in the SAM Sustainability Yearbook 2020. Other tyre makers to gain a ranked position in the Yearbook were Hankook Tire & Technology and Nokian Tyres, which both achieved SAM Bronze Class, and Bridgestone Corporation, which was acknowledged as a Sustainability Yearbook Member.
The Bridgestone Group’s 2017-2018 Sustainability Report is now available and can be read here. The report highlights Bridgestone’s global efforts in the priority areas of Mobility, People and the Environment and provides information about the group’s corporate governance. It also outlines how Bridgestone is aligning its business strategy with the Sustainable Development Goals (SDGs) and further articulates progress towards it 2020 targets.
Nokian Tyres has published its Annual Review and Financial Review 2017 and Corporate Sustainability Report 2017.
Nokian Tyres has been selected for Dow Jones’ DJSI World sustainability index. With a total sustainability score nearly twice as high as the industry average, Nokian Tyres significantly improved its results in the 2017 assessment. Nokian Tyres’ score of 78 points was only one point behind the industry’s highest-scoring company globally.
In its Corporate Social Responsibility (CSR) and Sustainability report for 2016, titled ‘Responsibility the Cooper Way’, Cooper Tire & Rubber reports that its energy usage intensity has been reduced by 18 per cent since 2009, while the intensity of water used in its tyre production has decreased seven per cent. During the same period, Cooper’s landfill usage intensity has decreased nearly 30 per cent and its greenhouse gas emissions intensity are down 12 per cent.
In its Corporate Social Responsibility (CSR) and Sustainability report for 2016, titled ‘Responsibility the Cooper Way’, Cooper Tire & Rubber reports that its energy usage intensity has been reduced by 18 per cent since 2009, while the intensity of water used in its tyre production has decreased seven per cent. During the same period, Cooper’s landfill usage intensity has decreased nearly 30 per cent and its greenhouse gas emissions intensity are down 12 per cent.
In its Sustainability Report 2016, Bridgestone Corporation shares that last year its tyres’ rolling resistance was on average 13 per cent lower than in 2005. The company also achieved a 29 per cent reduction in CO2 emissions per net sales from operations and products’ after-use during this timeframe, as well as a 28.5 per cent reduction in water intake per unit and a 31 per cent improvement in resource productivity.
The third annual Cooper Tire & Rubber corporate social responsibility and sustainability report was published today. This year’s document is titled ‘Responsibility the Cooper Way’.
The latest GRI G4 compliant Corporate Sustainability Report from Nokian Tyres is now available. This report, says the tyre maker, describes Nokian Tyres’ activities from the perspective of environmental, social and economic responsibility as part of an international value chain.
Michelin