The Bridgestone Group supports the Task Force on Climate-related Financial Disclosures (TCFD) and its recommendations, recognizes climate-related risks and opportunities identified in accordance with the TCFD framework, and is working to reflect and disclose such information in its business strategies. The Group formulated long term environmental vision and mid-term targets toward achieving carbon neutrality and contributing to the realization of a circular economy in light of climate-related risks and opportunities. The Group is working to reduce the risks of transition to a decarbonized society by reducing CO2 emissions throughout its value chain, while at the same time reducing physical risks through adaptive measures such as diversifying natural rubber supply sources through initiatives to commercialize guayule.
Furthermore, in addition to its past participation in the Business for Nature and the Japan Business Initiative for Biodiversity (JBIB) , the Group began participating in the Task Force on Nature-related Financial Disclosure (TNFD) Forum in March 2022. The Group recognizes risks and opportunities related to its impact and dependence on nature and is currently assessing multiple nature-related scenarios in light of the global trend toward nature-positive world.