Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has revised its Procurement Policy for Sustainable Natural Rubber. The revision incorporates the policy framework approved at the second general meeting of the Global Platform for Sustainable Natural Rubber (GPSNR) held in September 2020 into the company’s procurement policy, reaffirming Yokohama Rubber’s commitment to achieving a higher level of sustainability in...
procurement
Sumitomo Rubber Sets up New Singaporean Subsidiary to Procure Natural Rubber
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has established a natural rubber procurement subsidiary in Singapore in an effort to secure a stable supply of high-quality natural rubber. Named Sumitomo Rubber Singapore Pte. Ltd., this new company is set to begin operations in April. Sumitomo Rubber has so far procured natural rubber through a specialized division of Singaporean...
Yokohama Rubber Makes Strides Toward Sustainable Future With New Procurement Policy
Yokohama Rubber Co. Ltd. (TYO:5101) announced on Oct. 15 that it has decided to adopt a new, sustainability-focused procurement policy for natural rubber. The new policy will serve to highlight Yokohama Rubber’s stance on natural rubber procurement, a range of efforts that the company is making in the area and any relevant requests for suppliers. Plans are to implement the...
Yokohama Rubber Settles on New Procurement Policy for Natural Rubber
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has adopted a procurement policy for sustainable natural rubber. The company will use this to detail its stance and efforts with regard to natural rubber procurement – as well as any related requests made to suppliers – and plans to implement the policy throughout the entirety of its group’s supply chain....