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Bridgestone

Winner: Best Integrated Working Capital Project

Japanese tyre manufacturer Bridgestone secured the Best ESG Working Capital Initiative award for demonstrating the scalability of sustainable supply chain finance (SCF) with the rapid rollout of a programme that has delivered concrete benefits since its launch.

Judges liked how the programme continues to achieve its objectives, triggering verifiable behavioural change among the company’s suppliers. For example, over a fifth of suppliers in the programme that are rated by sustainability ratings provider EcoVadis have already improved their ESG credentials.

They were also impressed by Bridgestone’s delivery on its commitment to expand the size and scope of the programme, which was a world first when it launched in 2020. 

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