Bridgestone Corp. (TYO:5108) recently revealed a new medium- to long-term business strategy framework in view of 2050 and beyond. As part of this, the tire manufacturer is looking to achieve a particular vision for 2050 – one that would see it providing continuous value to both society and customers as a sustainable solutions company. Shuichi Ishibashi, who serves as representative...
sustainability
Toyoda Gosei Becomes First Domestic Manufacturer With Sustainability-Linked Loan
Toyoda Gosei Co. Ltd. (TYO:7282) has contracted with MUFG Bank Ltd. for a sustainability-linked loan, making it Japan’s first domestic manufacturing company to take out this type of loan. Sustainability-linked loans are financial products that offer advantages such as preferential interest rates to incentivize the achievement of sustainability goals. They are also characterized by having less restrictions on use of...
Dow Chemical Selected for Fortune Magazine List of 52 Sustainable Companies
U.S.-based Dow Chemical Co. has been selected for the 2019 Change the World list organized by Fortune magazine. For this year’s edition, the Change the World list has selected 52 companies that have made a major positive impact on society or the environment by way of their profit-earning strategies and businesses. Dow Chemical was selected as number 26 on the...
Sumitomo Rubber Establishes Group Policy for Sustainable Procurement of Natural Rubber
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it is participating in the Global Platform for Sustainable Natural Rubber (GPSNR) as a founding member. At the same time, the company revealed that it has formulated its own Sustainable Natural Rubber Policy to use throughout its group – this being aimed at ensuring the sustainability of natural rubber as a resource...
Bridgestone Receives RobecoSAM Sustainability Award
Bridgestone Corp. (TYO:5108) has received a Silver Class Sustainability Award 2017 from RobecoSAM. This is the first time Bridgestone has received this honor. This sustainability award is presented annually by RobecoSAM, an investment specialist focused exclusively on sustainability investing, a form of investment entailing judgments based on evaluations of a company’s environmental, social and other sustainability initiatives in addition to...