Bridgestone Achieves CO2 Emissions Reduction Cert

Bridgestone Corporation has obtained approval from Science Based Targets initiative (SBTi)^*1 for CO₂ emissions reduction target for 2030 set by the Bridgestone Group (Bridgestone).^*2

SBTi grants certification to companies that have set science-based targets for reducing greenhouse gas emissions. These targets are expected to cover periods of five to 10 years and to comply with the levels stipulated by the Paris Agreement.^*3

Bridgestone's efforts align with the commitments of "Energy: Committed to the realization of a carbon neutral mobility society", "Ecology: Committed to advancing sustainable tire technologies and solutions that preserve the environment for future generations" and "Economy: Committed to maximizing the economic value of mobility and business operations" described in a corporate commitment, the "Bridgestone E8 Commitment."^*4

Bridgestone has acquired SBT certification for its medium-term CO₂ emissions reduction target for 2030 (Scope 1, 2 and Scope 3). Bridgestone is pursuing its goal of carbon neutrality by working to concurrently enhance its contribution to CO₂ reduction and minimize CO₂ emissions, with emphasis on the importance of rapid and deep emission cuts. To this end, Bridgestone seeks to achieve ongoing improvements in the energy efficiency of its production activities while ramping up efforts to utilize renewable energy. At the same time, Bridgestone strives to reduce CO₂ emissions across the value chain and the entirety of product lifecycles, which spans from raw material procurement to distribution, use, reuse, and recycling. Bridgestone has also maintained a rank of A- or above from CDP^*5 for the past seven years, indicating that it is exhibiting excellence in combating climate change.

Bridgestone has placed sustainability at the core of its management and business and strives to realize its vision of "Toward 2050, Bridgestone continues to provide social and customer value as a sustainable solutions company." Bridgestone is accelerating initiatives for contributing to a realization of carbon neutrality and a circular economy for advancing its Sustainability Business Framework that ensures the link between sustainability activities and business across the entire value chain, in all of its "produce and sell," "use," and "renew" phases of its Dan-Totsu Products.

With "Bridgestone E8 Commitment" which serves as guiding vectors to accelerate its transformation, Bridgestone will commit to the realization of a sustainable society by co-creating value together with employees, society, partners and customers while achieving both sustainability and business growth.