The raw material procurement process of Apollo Tyres has been validated by a third party for the ISO 20400:2017 Sustainable Procurement standard. The tyre maker is India's first automotive company to receive this certification, the company said.
ISO 20400:2017 provides guidance to organizations, independent of their activity or size, on integrating sustainability within procurement, as described in ISO 26000. It is intended for stakeholders involved in, or impacted by, procurement decisions or processes.
Sunam Sarkar, president and chief business officer, Apollo Tyres, said, "Sustainability being 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."
The company's procurement team has undertaken a rigorous process to realign the existing practices, including the strategies, policies, and processes, to embed sustainable procurement elements.
The validation exercise, which began in August 2022, is the culmination of three stages of rigorous assessments conducted by TUV SUD auditors through onsite visits and virtual engagements with relevant stakeholders, the company said.