Bridgestone Corporation (Bridgestone) stated today that it has transitioned all of its domestic tyre plants in Japan - in Hikone, Tosu, Shimonoseki, and Kitakyushu - to renewable energy sources such as hydro, geothermal, solar, and wind energy.
On June 1, the Hikone Plant became the first to use renewable energy to power its industrial operations. On July 1, 2021, the other three plants made the switch. Bridgestone domestic tyre facilities are expected to reduce annual CO2 emissions by approximately 11 points as a result of the shift in energy source, and total CO2 emission reductions by 2020, including measures completed by 2020, will be around 30% lower than in 2011. The percentage of renewable electricity used in domestic tyre plants will be boosted to around 42%. Through 2030, Bridgestone will continue to cut CO2 emissions by increasing the use of renewable energy, improving tyre production energy efficiency, and constructing new solar power generation systems in all its domestic tyre facilities.
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Bridgestone Group is advancing its Sustainability Business Framework by implementing its Mid-Term Business Plan (2021-2023), which intends to accomplish its mission of providing societal and consumer value as a sustainable solutions company by 2050. The Sustainability Business Framework was created to help businesses achieve resource circulation, CO2 reduction, a circular economy, and carbon neutrality.
Furthermore, the Group's long-term environmental aim is to achieve carbon neutrality by 2050, while its Milestone 2030 medium-term environmental goals include a 50% reduction in CO2 emissions by 2030 compared to 2011. Bridgestone Europe NV/SA, a European subsidiary of the Group, recently completed the switch to renewable energy as the source of power for all of its business facilities in Europe in March 2021, as an example of the Group's sustainability commitments.
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In addition to all this, Bridgestone stated that renewable energy plants that are solar power-producing facilities are also being installed at plants in the United States, such as those in Aiken, South Carolina, and Wuxi, China. The Group aims to boost the percentage of renewable energy used to power its activities from around 12 percent now to 50 percent by 2023, thanks to these and other efforts.
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