On October 2, the European Commission announced that it would propose a one-year extension of the EU Deforestation Regulation (EUDR), which was originally scheduled to take effect on December 30, 2024 for large companies and on June 30, 2025 for small and medium-sized companies. Japanese domestic tire manufacturers and others have been taking steps to apply the regulation and have...
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Bridgestone to Address EUDR-compliant Products and Other Issues
While Bridgestone aims to expand tire sales in its tire business in Europe this fiscal year, the company is rushing to address the impact and outlook of EUDR-compliant natural rubber procurement costs by promoting activities to realize a sustainable supply chain based on its Global Sustainable Procurement Policy. Products using natural rubber, such as natural rubber and tires, are subject...
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