Bridgestone : Receives Highest Rating in CDP2023's Supplier Engagement Rating for the Sixth time

Bridgestone Receives Highest Rating in CDP2023's Supplier Engagement Rating for the Sixth time

• Bridgestone has once again been recognized for leadership in combating climate change by global environmental non-profit CDP.
• The Supplier Engagement Rating is a program that analyzes company climate change prevention and CO₂ emission reduction activities.
• Being included in the CDP Supplier Engagement Leader is a strong recognition of Bridgestone's sustainable initiatives to create long-term environmental, social and economic benefits for stakeholders across its supply chain.

Tokyo (April 22, 2024) - Bridgestone Corporation has once again been named to the prominent Supplier Engagement Leader list by global environmental non-profit CDP^*1. This is the sixth time^*2 for Bridgestone to be included on the Supplier Engagement Leader list with an 'A' rating, which is the highest score in CDP's Supplier Engagement Rating.

The Supplier Engagement Rating is a program that analyzes companies' climate change prevention and CO₂ emission reduction activities across the supply chain. Through this evaluation, CDP assigns rankings based on performance and climate change prevention initiatives.

Bridgestone has placed sustainability at the core of its management and business and, with a corporate commitment "Bridgestone E8 Commitment"^*3 as its axis, is accelerating transformation to realize its vision: "Toward 2050, Bridgestone continues to provide social value and customer value as a sustainable solutions company." Bridgestone is striving to build the foundation for sustainable value creation by enhancing its unique sustainability business model. The business model is to integrate the Group's efforts to realize carbon neutrality and a circular economy across the entire value chain from "produce and sell" and "use" of products to "renew" to raw materials with its business model. Also, the Group will evolve the model into more circular and regenerative to achieve a nature-positive world.

In January 2023, Bridgestone received a Science Based Targets (SBT) certification from SBT initiative (SBTi) for its mid-term targets of CO₂ emissions reduction and supplier engagement^*4. To accelerate its actions in the raw material procurement process, Bridgestone proactively utilizes its Global Sustainable Procurement Policy^*5 and asks suppliers to set SBTs and develop emission reduction plans toward carbon neutrality. Bridgestone is strengthening supplier engagement with the policy, as well as monitoring results of assessment for their sustainability actions and providing support to their improvement. Being included in the Supplier Engagement Leader list with the highest rating is a strong recognition of Bridgestone's sustainable initiatives to create long-term environmental, social and economic benefits for stakeholders across its supply chain.

For further information, please refer to Bridgestone 3.0 Journey 2023 Integrated Report and the sustainability section of Bridgestone's corporate website. ^*6

With the "Bridgestone E8 Commitment" which is our axis to drive management while earning the trust of future generations, Bridgestone commits to realizing sustainable society by co-creating value together with employees, society, our partners and customers.

1. CDP is a global non-profit that runs the world's environmental disclosure system for companies, cities, states and regions.
2. Received highest CDP rating in 2016, 2017, 2019, 2020, 2021, 2023.
3. The Bridgestone Group established its corporate commitment, the "Bridgestone E8 Commitment," to help it realize its vision: "Toward 2050, Bridgestone continues to provide social value and customer value as a sustainable solutions company." This commitment will serve as the Group's axis to drive management while earning the trust of future generations. The "Bridgestone E8 Commitment" consists of eight uniquely Bridgestone values starting with the letter "E" (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease, and Empowerment) that the Group will commit to creating through distinctly Bridgestone purposes and processes, together with employees, society, partners, and customers to help realize a sustainable society.
   https://www.bridgestone.com/corporate/news/2022030101.html
4. The medium-term CO₂ emissions reduction target
   https://www.bridgestone.com/responsibilities/environment/reduce_co2/operations/
5. Global Sustainable Procurement Policy
   https://www.bridgestone.com/responsibilities/social/procurement/policy_global/
6. Bridgestone 3.0 Journey 2023 Integrated Report special website
   https://www.bridgestone.com/ir/library/integrated_report/2023/
   The sustainability section of Bridgestone's corporate website
   https://www.bridgestone.com/responsibilities/

About Bridgestone Corporation:
Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Tokyo, the company employs approximately 140,000 people globally and conducts business in more than 150 countries and territories worldwide. Bridgestone offers a diverse product portfolio of premium tires and advanced solutions backed by innovative technologies, improving the way people around the world move, live, work and play.