Bridgestone adopting global sustainable procurement policy

TOKYO — Bridgestone Corp. is adopting Global Sustainable Procurement Policy that will apply to all of the tire maker's purchased materials and services, as well as to its suppliers globally.

The new policy, which has three main goals, took effect Feb. 5.

The goals are to:

• Help identify and evaluate qualified suppliers;

• Promote best practices; and

• Serve as a communication and improvement tool for the tire industry.

As the world's largest tire maker, Bridgestone has a responsibility to lead the industry's sustainability efforts, according to Jim DeMouy, vice president, environment, health, safety and sustainability, Bridgestone Americas.

"Our goal is to create long-term environmental, social and economic benefits for everybody," Mr. DeMouy said in a telephone interview from his office in Nashville, Tenn. "It's a real step forward for the industry and for us."

According to Bridgestone, the Global Sustainable Procurement Policy is guided by "Our Way to Serve," the comprehensive social responsibility program the company announced in March 2017.

The new procurement policy aligns with Bridgestone's goal of using 100-percent sustainable materials by 2050 and beyond, the company said.

It combines previous company guidelines into a single document that sets minimum requirements to conduct business with Bridgestone, as well as preferred practices that can contribute to faster realization of sustainable supply chains, it said.

"The policy describes Bridgestone's expectations with respect to critical issues within the complex global natural rubber supply chain," the company said.

The policy document has four main areas of focus, according to Bridgestone:

• Transparency, including traceability and good governance;

• Compliance, which means strict adherence to laws and regulations wherever Bridgestone conducts business;

• Quality, Cost and Delivery (QCD) and Innovation, to ensure high-quality materials and services are delivered on time and at reasonable costs while also pursuing innovative technologies that support improvements across global communities; and

• Sustainable Procurement Practices, which incorporate environmentally responsible procurement such as compliance with environmental laws and regulations, respect for human rights, water use, land use and conservation, health, safety, disease prevention and resilience.

The new policy changes the way Bridgestone interacts with its suppliers, as well as with customers, non-governmental organizations and other stakeholders, according to Mr. DeMouy.

"It is designed to keep sustainable procurement evolving in all areas," he said.

In pursuing innovative technologies, Bridgestone is looking at all the materials it procures and how the company uses them, he said.

The company is researching every aspect of natural rubber, including the cultivation of trees, rubber yield, cloning and disease prevention.

It also continues to work on alternative sources of natural rubber, such as guayule and dandelions, as well as the optimization of synthetic rubber.

The policy document is available in 12 languages, and will be implemented, governed and enforced regionally, according to Bridgestone.

Over the next 18 months, Bridgestone will work with its suppliers and partners to ensure they have read and understood the policy, the company said.

When they have acknowledged the policy, Bridgestone will give its suppliers a self-assessment questionnaire.

Bridgestone is developing an additional supplier assessment for the traceability of natural rubber, and will work to partner with the industry and other experts to support ongoing monitoring of supplier compliance.

More about Bridgestone's Global Sustainable Procurement Policy is available at Bridgestone.com.