LONDON—Tire, rubber and vehicle-related companies are being recognized by an international non-profit group for their efforts to minimize carbon emissions.
CDP, formerly known as the Carbon Disclosure Project, is out with a list of more than 300 companies it said are leading in the reduction of CO2 emissions.
Tire companies being recognized by CDP for climate change work include Bridgestone Corp., Pirelli & C. S.p.A., and Yokohama Rubber Co. Ltd., braking systems maker Brembo S.p.A and Sumitomo Chemical Co. Ltd., which makes specialty chemicals for the rubber industry.
"The recognition of the CDP confirms once again our commitment to sustainable development through the fight against climate change. It's what we try to do every day through our research-developing processes and products that are always more sustainable, safer and better performing," Pirelli CEO Marco Tronchetti Provera said in a statement.
"Being part of the 'A List' is the result of our strong commitment to the environment and motivates us to do more," Cristina Bombassei, Brembo's chief corporate social responsibility officer at Brembo, said in a statement. "We are taking additional actions that tackle our footprint with an ambitious goal to reach carbon neutrality by 2040."
Kordsa, meanwhile, said it increased both its climate change and water security scores with CDP from B to A- in the 2020 reporting.
"With our tire reinforcement and composite technologies, we aim to reduce fuel consumption and lighten vehicles. As a keen follower of responsible production and consumption mindset within the scope of United Nations' Sustainable Development Goals, we aim to reduce our emission values and therefore work on improvements at our production processes as well as lightening technologies which are an output of these processes," Kordsa CEO Ali Calıskan said in a statement.