Potential offtaker

Bridgestone Corporation

www.bridgestone.com

Estimated electricity consumption

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Countries of production presence

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Bridgestone Corporation is a Japanese multinational company that specializes in the production of tires and rubber products. Founded in 1931, the company has grown to become one of the largest tire manufacturers in the world, with operations in over 150 countries. Bridgestone is committed to sustainability, and has made significant efforts to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key priority for Bridgestone, and the company has set ambitious targets to reduce its greenhouse gas emissions. In 2019, Bridgestone announced its long-term environmental vision, which includes a goal to achieve carbon neutrality by 2050. To achieve this, the company is focusing on reducing emissions from its operations, as well as from the use of its products.

One of the ways Bridgestone is working to reduce emissions from its operations is through the use of corporate energy. Corporate energy refers to the energy generated by a company's own facilities, such as solar panels or wind turbines. Bridgestone has invested in renewable energy projects at its facilities around the world, including solar panels at its manufacturing plant in South Africa and wind turbines at its facility in Costa Rica. By generating its own energy, Bridgestone is able to reduce its reliance on fossil fuels and lower its carbon footprint.

In addition to generating its own energy, Bridgestone has also entered into corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy over a specified period of time. By entering into these agreements, Bridgestone is able to support the development of renewable energy projects and reduce its carbon footprint.

Bridgestone has also made significant investments in research and development to promote sustainability. The company has developed a range of eco-friendly tires, including its Ecopia line, which is designed to improve fuel efficiency and reduce emissions. Bridgestone has also developed a technology called Enliten, which reduces the weight of tires and improves fuel efficiency.

In addition to its efforts to reduce emissions and promote renewable energy, Bridgestone is committed to promoting sustainability throughout its supply chain. The company has established a set of sustainability guidelines for its suppliers, which includes requirements for environmental management, social responsibility, and ethical business practices. Bridgestone also works with its suppliers to promote sustainable practices, such as reducing waste and improving energy efficiency.

Overall, Bridgestone Corporation is a leader in the tire industry when it comes to sustainability. The company has set ambitious targets to reduce its carbon footprint and promote renewable energy, and has made significant investments in research and development to support these goals. By generating its own energy, entering into corporate PPAs, and developing eco-friendly products, Bridgestone is demonstrating its commitment to a more sustainable future.