Bridgestone Corporation (Bridgestone), the world’s largest tire and Rubber Company, 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.
According to a statement from the company here, the policy reflects a company commitment to procurement programming that drives action to realize 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 realizing 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 recognize our ability and responsibility to drive change and improvements in the ways that industry interacts with the environment and communities around the world.