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Yokohama Rubber In CDP's 2022 Climate Change A-List

By Guest Author,

Added 14 December 2022

After being selected for the fourth time, Yokohama Rubber is yet again added to the A-list for CDP Climate Change, based on its responses to CDP’s questionnaire.

The Yokohama Rubber Co Ltd has been recognised for its leadership in corporate sustainability by the global environmental non-profit CDP. The company was added to CDP's climate change A-List for the fourth time after 2016, 2019, and 2020. The selection recognises the tyre manufacturing company's efforts towards cutting emissions, reducing climate risks, and developing a low-carbon economy, based on its responses to the CDP's 2022 climate change questionnaire, which scored more than 10,000 companies worldwide.

CDP encourages companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests, thus aiming to build a sustainable economy. It leverages investor and buyer power to motivate companies to disclose and manage their environmental impacts.

In 2022, over 680 investors with over $130 trillion in assets and 280 purchasers with $6.4 trillion in procurement spend, requested companies to disclose data on environmental impacts, risks, and opportunities through CDP's platform to which a record-breaking 18,700 companies responded.

Yokohama Transformation 2023 (YX2023), Yokohama Rubber's medium-term management plan for fiscal years 2021-2023 include sustainability initiatives based on "Caring for the Future", aiming to resolve social issues through its business activities.

In addition, Yokohama Rubber aims to be carbon neutral on a company-wide basis by 2050 with carbon-negative activities like the YOKOHAMA Forever Forest, which has planted trees at Yokohama Rubber locations in Japan as well as overseas.

 

 

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