Next (Next-Generation Products & Solutions)

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Next (Next-Generation Products & Solutions)

  • The Sumitomo Rubber Group
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Targets and Results Relative to Sustainability Initiatives

  • The Sumitomo Rubber Group

In line with the Sumitomo Rubber Group’s Long-Term Sustainability Policy: “Driving Our Future Challenge 2050,” we verify results achieved thus far against targets specified under this policy and then formulate targets for the upcoming fiscal year.

Here, we present targets and results for each item.

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Targets under the Long-Term Sustainability Policy PLAN
Fiscal 2022 Target
DO
Fiscal 2022 Activity Results
CHECK
Self-Assessment
ACTION
Fiscal 2023 Target
Product Innovation
  • Realizing the SMART TYRE CONCEPT
  • Concept Tire Completion (2029),
    Equip all new tires with smart tire concept (2030)
Promote the development of Active Tread Promoted technological development related to Active Tread 100% Undertake development with an eye to commercializing next-generation tires equipped with Active Tread technologies in 2024
Unveiled a plan to release next-generation tires equipped with Active Tread technologies in 2024 as part of the Midterm Plan
  • Establishing a Sustainable Product Certification System
  • Setting Targets for Internal Standards (2022)
Create an internal standard for a sustainable product certification system Established internal standard for a sustainable product certification system as well as targets for 2030 100% Initiate product planning aligned with the sustainable product certification system and develop an internal structure to this end
Resource Circulation
Sustainable Raw Materials
  • Increasing Usage Rate of Sustainable Raw Materials
  • Sustainable Raw Material Content Targets by Product Line
  • Tires:
    40% (2030),
    100% (2050)
  • Sports: 20% of All Practice Golf Balls Sold (2030), 100% of All Golf Balls Sold (2050)
    Launch of 100% Sustainable Tennis Balls (2030), 100% of All Tennis Balls Sold (2050)
  • Industrial Products (by Weight): 40% (2030), 100% (2050)
Discuss measures to raise the recycling ratio Discussed measures to raise the recycling ratio 100% Continue discussions to raise the recycling rate
Discuss candidates for alternative raw materials Discussed candidates for alternative raw materials Continue discussions to identify candidates for alternative raw materials
Discuss facility upgrades Discussed facility upgrades Discuss facility upgrades while planning measures to introduce novel types of raw materials
  • Reducing Plastic Usage
  • 40% Reduction in Plastic Used in Tire Labels, Packing Materials, Sales Promotion Tools, etc., Compared with 2019 Levels (2030)
4.5% reduction in plastic usage compared to 2021 levels Abolished plastic lids for tennis ball packaging 85% Continue striving to reduce plastic usage in packaging materials, etc.
Implemented initiatives to reduce plastic usage in promotional materials used in Tire, Sports and Industrial Products businesses