Corporate Social Responsibility
An easy-to-understand introduction to Yokohama Rubber for individual investors.
In 2008, we established a CSR Division and have since been strengthening and increasing our activities to protect the global environment and contribute to our local communities, as per our CSR Management Vision – “To Build a Trusted Identity as a Contributing Member of the Global Community.” Our CSR activities have been widely recognized and received high praise from the local communities and participants as well as from domestic governments and concerned international organizations.
Selected as constituent stock in ESG stock indices
Yokohama Rubber has been included in the FTSE4Good Index Series, a global ESG stock index, for 17 straight years and the FTSE Blossom Japan Index for five straight years. In addition, our stock was selected for inclusion in the new FTSE Blossom Japan Sector Relative Index in 2022.
Our environmental measures have won high praise from international NPO
In 2017, Yokohama Rubber was included in the Supplier Engagement Leader board, a short list of companies recognized for excellent environmental efforts throughout the supply chain by CDP, an international NPO that conducts surveys of the environmental protection activities of the world’s leading corporation. In 2016, 2019 and 2020, we were included in CDP’s Climate A List in recognition of our positive responses to climate change.
Proactively disclosing climate change-related information
In 2022, Yokohama Rubber announced its support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Accordingly, we will proactively disclose information related to our efforts to address climate change as we seek to contribute to a sustainable society and achieve sustainable corporate growth.
Contributing to the procurement of sustainable natural rubber
The Yokohama Rubber Group is a founding member of the Global Platform for Sustainable Natural Rubber (GPSNR). In addition, in line with our own “Procurement Policy for Sustainable Natural Rubber,” we support natural rubber farmers in cooperation with Thailand's Natural Rubber Corporation, conduct joint research with universities, and conduct supplier exchange meetings.
Examples of our activities/efforts
● Developing synthetic rubber using biomass
As part of our efforts to achieve carbon neutrality, we are participating in an industry-academia collaboration developing a technology to produce butadiene and isoprene, the core raw materials used in synthetic rubber, from biomass rather than petroleum.
● Developing racing tires made from sustainable materials
Yokohama Rubber serves as the supplier of control tires for the Japanese SUPER FORMULA Championship series, and from 2023 we will be providing racing tires made from sustainable materials. We are developing tires made from various natural materials, including rice husks and naturally derived oil, as well as recycled rubber, as we aim to supply tires with a sustainable material content of 35% or more by 2025.
● Promoting tree-planting activities around the world
Under the Yokohama Forever Forest Activities initiative, we have been planting trees at 14 sites in Japan and 21 sites in 8 countries overseas since 2007. By fiscal 2020, a cumulative total of 1.04 million saplings were provided to local communities and trees planted.
● Fund to support social contribution and disaster recovery activities established by Yokohama Rubber employees
The YOKOHAMA Magokoro (Sincere Heart) Fund was established in 2016 to fund social contribution activities through voluntary contributions from Yokohama Rubber employees. In addition to donations to support disaster relief efforts, the fund has made contributions to organizations involved in environmental protection activities and support for needy children.