• Bridgestone Vietnam has been recognized as one of Top 100 Sustainable Enterprises 2023 in the Trade and Services sector
• Bridgestone has set a target to reduce 50% CO2 emission by 2030 compared to the levels in 2011, achieving this goal seven years ahead of schedule. The company continues to align with the Vietnamese Government's National Strategy aiming for a net-zero emission by 2050.
• A notable achievement is Bridgestone Vietnam's tire manufacturing plant officially transforming to 100% renewable energy in the tire production process, shifting from using liquefied petroleum gas (LPG) to biomass energy to provide heat for the boiler system.
Ho Chi Minh City (22 December, 2023) — Bridgestone Vietnam has been recognized as one of the Top 100 Sustainable Enterprises 2023 in the Trade and Services sector. The award was announced at the Ceremony Of The Sustainable Business Assessment Program in Vietnam for the year 2023 (CSI 2023) held on December 13 in Hanoi.
Mr. Naoki Inutsuka, General Director of Bridgestone Vietnam at the CSI 2023 award ceremony
This year, the Vietnam Chamber of Commerce and Industry (VCCI), with its core being the Vietnam Business Council for Sustainable Development (VBCSD), organized the CSI 2023 Program in collaboration with the Ministry of Labor, Invalids and Social Affairs, the Ministry of Natural Resources and Environment, the Vietnam General Confederation of Labor, and the Central Economic Commission
Bridgestone, headquartered in Tokyo, operates with around 130,000 employees in over 150 countries and territories worldwide. The company, with nearly a century of history, continually innovates and improves technologies to provide sustainable value throughout the tire lifecycle, from production and use to recycling.
Bridgestone has set a target to reduce 50% CO2 emission by 2030 compared to the levels in 2011, while concurrently aligning with the National Strategy of the Vietnamese Government to achieve net-zero emissions by 2050 (Net Zero).
One of the notable achievements is Bridgestone Vietnam's tire manufacturing plant officially announcing its commitment to transition to 100% renewable energy in the stages of tire production that require steam, shifting from using liquefied petroleum gas (LPG) to biomass energy for supplying heat to the boiler system. The plant, operational since 2014, is located in the Dinh Vu Industrial Zone in Hai Phong.
Bridgestone is also supplying tires featuring the "ENLITEN®" technology for the VinFast VF 6 electric car and providing the entire tire set for the VINBUS electric bus fleet manufactured by domestic automaker VinFast. This tire technology, designed by Bridgestone, aims to minimize the use of unsustainable raw materials in the tire manufacturing process while optimizing weight and enhancing energy efficiency for electric vehicles.
Recently, Bridgestone Vietnam has become the first corporate customer to achieve Green Deposit certification at Sumitomo Mitsui Banking Corporation's Ho Chi Minh City branch (SMBC HCM). The deposited funds will be meticulously allocated to qualified green projects, strictly adhering to SMBC's Green Saving Structure. These projects include activities such as acquisitions, development, construction, operation, or maintenance of renewable energy projects (solar energy, wind power, biomass energy); enhancing energy efficiency for manufacturing plants or office buildings; improving resource efficiency; preventing and controlling pollution; and developing clean transportation and greening office buildings. This not only represents an ongoing effort to promote sustainable development but also serves as evidence of Bridgestone's steadfast commitment in Vietnam to pursue the values of Economy: Committed to maximizing the economic value of mobility and business operations, and Ecology: Committed to advancing sustainable tire technologies and solutions that preserve the environment for future generations, as outlined in Bridgestone's E8 Commitment.
Mr. Naoki Inutsuka, General Director of Bridgestone Vietnam, shared, “The result at CSI Awards 2023 is not only an achievement for Bridgestone Vietnam but also recognition of the global Bridgestone Group's commitment to sustainability with a long-term vision. We never stop our journey by receiving this award. By applying to the award continuously in the future, we believe that we can evolve our business foundation to get along with sustainable growth of the society. We are confident that these efforts will enhance our operational efficiency and position us a leader in sustainable business practice within our tyre industry.”
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, execute the “E8 Commitment from Bridgestone” which consists of 8 Bridgestone-like values starting with the letter “E” (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease, and Empowerment) that the Group will commit to creating through Bridgestone-like “purpose“ and “process“, together with employees, society, its partners and customers to realize a sustainable society.
Over 8 years, the CSI program has attracted the interest of more than 2,500 businesses operating in various fields nationwide, submitting applications to participate. In 2023 alone, there were over 500 interested businesses registeration, with 159 enterprises successfully passing the qualifying round.
In his opening speech at the award ceremony, Mr. Nguyen Quang Vinh, Vice Chairman of VCCI and Chairman of VBCSD, shared, "The CSI program has contributed to enhancing the awareness of businesses and society regarding the importance and benefits of sustainable development in the current context. It has also encouraged businesses to pursue sustainable business practices and implement sustainable corporate management through the application of the CSI Index."
This year, businesses are evaluated based on the CSI 2023 Index, consisting of 82 fundamental compliance indicators and 48 advanced indicators. VCCI representatives emphasize that by ensuring compliance with legal requirements, businesses have established a solid foundation for sustainable development.
About Bridgestone
Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Tokyo – Japan, the company employs approximately 130,000 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.