Apollo Tyres Gets ISO 20400 Certification for Sustainable Procurement

Published on:
by KnowESG,

Apollo Tyres Ltd

tinywow Melanie-Grant 12173507

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.

For more investor-related news

Source: Apollo Tyres

Share:
esg
esg
esg
esg

Investors Headlines

Xaar Hits Sustainability Targets

Xaar Hits Sustainability Targets

Epson Awarded AAA ESG Rating

Epson Awarded AAA ESG Rating

PUBLICA Boosts Funds, Invests Responsibly

Projective Group Earns Bronze in ESG

National Bank of Canada Publishes 2023 ESG Report

Danone's Green Excellence Recognised

Asyad Shipping's First ESG Report

Wienerberger Tops Sustainability Charts

Ricoh Achieves AAA in ESG Evaluation

Ricola Earns B Corp Status