To promote Group-wide sustainability activities, Bridgestone created a structure comprising a global CSR management system, a regional CSR management system, and working groups (WGs) for each area of activity.
The global CSR management system prioritizes initiatives in areas pertaining to a variety of global issues, formulates global sustainability strategies, confirms the progress of activities in each area, reports to the Global EXCO,*1 and confirms the in-house penetration of CSR activities conducted by the Global CSR Enhancement Committee (GCEC).
The Bridgestone Group broadly divides risks into two categories: business strategic risks, which are related to management decision-making, and operational risks, which are related to daily operations. The former is handled through business operations, while the latter is handled by the Chief Risk Officer (CRO), who has overall responsibility for managing risks. In this way, the Bridgestone Group promotes risk management activity initiatives.
With respect to risk management activities, the Bridgestone Group promotes identification, evaluation, corrective measures, review/monitoring and audit of risks under normal circumstances, as well as the development and implementation of business continuity Plan while enables the swift resumption of business in emergency situations.
In 2016, under GCEC, the BCP, Risk Management WG was established, comprising members from each SBU*2.
The WG developed “the Risk Management Principle” including the WG Mission, Role and the responsibilities of Leadership, Organization and individual. Based on the Principle, the WG has been upgrading the Risk Management System.
The Bridgestone Group endeavors to fulfill the expectation of society in a proactive manner and to apply this same objective to its activities.