Apollo Tyres Gets ISO 20400 Certification for Sustainable Procurement
Apollo Tyres Ltd
Apollo Tyres is the first automotive company in India to be validated by a third party for compliance with ISO 20400:2017, a standard for sustainable procurement. This validation recognises the company's efforts to ensure that its raw material procurement process is sustainable.
Sunam Sarkar, President and Chief Business Officer, Apollo Tyres, said: “Sustainability is one of the key enablers of our Vision 2026; this is an important milestone in that journey. I would like to commend the Corporate Procurement and Sustainability Teams on achieving this within a short period. We believe that this is a great first step, and we intend to carry forward the rigour in alignment with our Sustainability Goals.”
ISO 20400:2017 guides organisations to integrate sustainability into procurement, as outlined in ISO 26000. The company's procurement team has changed their strategies, policies, and processes to make them more environmentally friendly.
The validation process began in August 2022 and had three stages of rigorous assessments by TUV SUD auditors through on-site visits and virtual meetings with relevant stakeholders. This process is a recognition of the company's commitment to sustainable procurement practices.
Source: Apollo Tyres