The raw material procurement process of Apollo Tyres has been successfully validated by a third party, and the tire maker granted the ISO 20400:2017 Sustainable Procurement standard. It is the first company in the Indian automotive sector to achieve the certification.
Regardless of size or activity, ISO 20400:2017 delivers guidance to organizations about integrating sustainability within procurement – as outlined in ISO 26000. It is intended for stakeholders involved in, or affected by, procurement decisions or processes.
Apollo Tyres’ procurement team conducted a rigorous process to realign the company’s existing business practices – consisting of strategies, policies and processes – to embed the sustainable procurement elements.
The validation exercise, which started in August 2022, is the culmination of a three-stage assessment, including the initial, intermediate and final assessments which were carried out by TUV SUD auditors during on-site visits and virtual engagements with relevant stakeholders.
“Sustainability being one of the key enablers of our Vision 2026, this is an important milestone in that journey,” explained Sunam Sarkar, president and chief business officer, Apollo Tyres. “I would like to commend the corporate procurement and sustainability teams on achieving this within a short span of time. We believe that this is a great first step, and we intend to carry forward the rigor in alignment with our sustainability goals.”