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Bridgestone Elevates Standards in Sustainable Procurement Practices; Launches New Policy for Suppliers and Partners

Bridgestone Corporation (Bridgestone), the world’s largest tire and rubber company, today
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. 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. We expect our suppliers and partners to work with
us in pursuit of sustainable supply chains, efforts which are never-ending and which require
collaborations with all industry players, including communicating with the various audiences in order
to generate broader public awareness.”
Guided by Bridgestone’s “Our Way to Serve,” the new policy aligns with Bridgestone’s goal
of using “100% sustainable materials*” in our products as the long-term vision by 2050 and beyond.
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. As a large user of natural rubber, the policy describes
Bridgestone’s expectations with respect to critical issues within the complex global natural rubber
supply chain. An extensive document, the policy addresses four major areas of focus:
 Transparency – including traceability and good governance;
 Compliance – adhering to laws and regulations in the countries and regions in which
Bridgestone conducts business;
 Quality, Cost and Delivery (QCD) & Innovation – ensuring high quality materials and
services are delivered on time and at reasonable costs, while also pursuing innovative
technologies that support improvements across global communities;

Regd. Office, H.O. & Factory:
Plot No.A-43, Phase-II, MIDC Chakan
Village-Sawardari, Taluka Khed,
Dist.-Pune, Maharashtra-410501, India
Phone: (91-2135) 672000
Fax: (91-2135) 671999
CIN: U25111PN1996PTC147267

 Sustainable Procurement Practices – incorporating environmentally responsible
procurement, such as compliance with environmental laws and regulations, respect for
human rights, water use, land use and conservation, health, safety, disaster prevention and

During the development of the final policy, Bridgestone gained insights from external
stakeholders, including international consultants, non-governmental organizations (NGOs), materials
suppliers, natural rubber farmers, and key customers to ensure the policy is thorough, reflects
industry standards and best practices, and is supported by an effective implementation and
communication plan.
Available in 12 languages, the policy will be implemented, governed and enforced regionally.
As an immediate first step, Bridgestone will prioritize working closely with its employees, suppliers
and customers and other industry experts to implement the policy. Over the next 18 months,
Bridgestone will work with its suppliers and partners to ensure that they have received the policy and
understand it. Following acknowledgment of the policy, suppliers will then receive a self-assessment
questionnaire. Bridgestone is currently developing an additional supplier assessment for the
traceability of natural rubber and will be working to partner with the industry and other qualified
experts to help support ongoing monitoring of supplier compliance.
Bridgestone is committed to working with additional external stakeholders, including
universities, industry associations and NGOs, to continually review feedback which will be valuable
for subsequent enhancements and revisions to the policy.
To learn more about the Global Sustainable Procurement Policy and Bridgestone’s CSR
 Visit Bridgestone’s Global Sustainable Procurement web page for more detail and to access the
 Visit Bridgestone’s “Our Way to Serve” special web page and CSR web page for general
 Read Bridgestone’s 2016 Sustainability Report for more detail on sustainability activities
 Bridgestone’s recent achievements in sustainability awards and ratings “the Dow Jones
Sustainability World Index (DJSI World)”.

*The Bridgestone Group defines sustainable materials as materials that “1) that come from resources with
a guaranteed continual supply, 2) that can be used as part of our business over the long-term, and 3) that
have a low environmental and social impact over the lifecycle from procurement to disposal.”

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