Press Release

Hyogo, Japan – Toyo Tire Corporation (HQ: Itami, Hyogo, Japan; President: Takashi Shimizu) announces that it has accepted the “Sustainable Development Goals (SDGs*1)” proposed by the U.N. and set the “TOYO TIRE’s SDGs,” which outline the Group’s vision for 2030. Toyo Tire will further strengthen initiatives conducive to the sustainable development of the Group and our stakeholders.
_{*1: SDGs (Sustainable Development Goals)}

(The 14 goals of the “TOYO TIRE’s SDGs”)

The SDGs are the international goals agreed through the “2030 Agenda for Sustainable Development” at the September 2015 UN summit, to be achieved by 2030. All countries, both in developed and developing, will work together to achieve these universal goals in order to create a sustainable society by solving global problems such as poverty, climate change, biodiversity, and energy. The SDGs are composed of 17 goals to be achieved by 2030 and 169 targets to aid in their achievement.

Recognizing that the realization of a sustainable society is a prerequisite for our business growth, we believe that contributing to the resolution of global issues will lead onto reducing risks and expanding business opportunities in the future. We discussed our SDGs in corporate-wide and we set 14 goals (to achieve by 2030) as the “TOYO TIRE’s SDGs” that outline the Group’s vision for 2030,” Ideal Status in 2030”. Toyo Tire believes that these activities embody “Our Vision” established in the Group’s philosophy*2, and that they will lead to the achievement of “Our Mission.”
_{*2: More information on Toyo Tire’s philosophy can be found here: https://www.toyotires-global.com/corporate/philosophy/}

■Approach to the TOYO TIRE’s SDGs

Furthermore, in order to contribute to the realization of an inclusive society*3 while responding to the globalization of business and the diversification of stakeholders, Toyo Tire signed the “United Nations Global Compact (UNGC)” proposed by the UN.
_{*3: A society in which everyone supports each another and protects one another from exclusion, discord, solitude, and isolation, including people in socially disadvantageous positions}

The UNGC propounds the Ten Principles that companies should follow in the four areas of human rights, labor, environment, and anti-corruption. It is an international framework for acting as good members of society under the top management’s commitment to approve of these principles, and therefore achieving sustainable growth.
Going forward, Toyo Tire will recognize the UNGC and the Ten Principles as part of the strategy, culture, day-to-day operations of our company, and engage in collaborative projects which advance the broader development goals of the United Nations, particularly the SDGs. Furthermore, we support public accountability and transparency, and commit to report on progress according to the UN Global Compact COP (Communication on Progress) policy.

Reference 1)
■Please refer to the following for the Group’s policies on human rights, labor, environment, and anti-corruption.
・Global Human Rights and Labor Policy
 https://www.toyotires-global.com/csr/pdf/press_human_rights_en.pdf

・Toyo Tire Group Global Environment Charter
 https://www.toyotires-global.com/csr/environmental/

・Global Anti-Corruption and Anti-Bribery Policy
https://www.toyotires-global.com/csr/pdf/press_anti-bribery_en.pdf

Reference 2)
■More information about the United Nations Global Compact can be found here.
(United Nations Global Compact: https://www.unglobalcompact.org/engage-locally/asia/japan)

■More information about Japan’s local network, “Global Compact Network Japan,” can be found here.
(Global Compact Network Japan, GCNJ: http://www.ungcjn.org/sitemap/index.html)　Japanese only