Apollo Tyres bags Silver Awards at EcoVadis Sustainability Excellence Ratings

Apollo Tyres bags Silver Awards at EcoVadis Sustainability Excellence Ratings

Apollo Tyres, one of the leading tyre makers in India, has won Silver Awards at the Ecovadis Sustainability Excellence ratings. This also marks the third consecutive year for Apollo Tyres to receive the silver rating at the annual Ecovadis sustainability assessment.   

Ecovadis is said to be the world’s largest provider of business sustainability ratings, which evaluates company’s performance by focusing on four key pillars – environment, labour and human rights, ethics and sustainable procurement. The top one percent of the companies scoring more than 99 percentile get platinum ranking, top five percent with more than 95 percentile get gold ranking, top 15 percent with over 85 percentile get silver ranking and the top 35 percent with more than 65 percentile get bronze ranking respectively.

The company also improved its scores from 56 to 70 over the last three years.

Interestingly, Apollo Tyres is now among the top five percent of companies rated in the category of ‘manufacture of rubber tyres and tubes, retreading and rebuilding of rubber tyres’ globally.

The tyre maker states it was able to improve its overall performance score to 92nd percentile in FY2024, from the 82nd percentile the previous year. It increased its Labour and Human Rights ranking by 20 points and 10 points in company’s Sustainable Procurement ranking. This enabled to improvement in the overall performance score. On the other hand, Apollo Tyres’ scores in the other two categories of Environment and Ethics remained the same as the previous year.

Apollo Tyres says the improvement in its labour and human rights and sustainable procurement scores was on the back of it strengthening suppliers’ ESG assessment, providing livelihood opportunities to local communities, especially women, and focusing on human rights awareness by providing training to the employees. 

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    Kumho Tire To Open First European Tyre Plant

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      Sentury Opens Pre-Enrolment For Associate Dealer Programmes

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        ENSO Launches EV-Specific UHP Tyre Range For Premium EVs

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          Kraton Corporation Announces Price Hike For SBS, SIS And HSBC Products

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          Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, has announced a general price hike in North America for its SBS, SIS and HSBC product lines with effect from 1 May 2025.

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