Tire Industry Project members report significant sustainability gains

Geneva, Switzerland – The Tire Industry Project (TIP), a voluntary CEO-led initiative representing 10 major tire manufacturers, has reported measurable progress in key sustainability indicators between 2021 and 2024.

In its latest KPI report titled “Sustainability driven: TIP’s progress towards SDGs,” TIP said its member companies achieved a 26% reduction in CO2 intensity over the three-year period, to hit "the lowest level since 2009."

Furthermore, the companies reported a 121% increase in renewable electricity use and a 14% reduction in total water withdrawals.

Progress was also seen in responsible sourcing, said TIP in a 23 Oct press release.

By the end of 2024, 80% of TIP members had set 'time-bound sourcing targets', which the group said is ‘more than double’ the number in 2021.

Of these, 70% had embedded these targets into supplier contracts, while 30% had completed third-party audits.

In addition, all members remained active in the Global Platform for Sustainable Natural Rubber (GPSNR), continuing annual reporting under its mandatory framework.

Between 2021 and 2024, TIP-sponsored studies on tire and road wear particles increased by 75%, with scientific citations up 175%.

The TIP report also highlighted work on circularity, including development of an "end-of-life tire management hierarchy."

The initiative will help guide governments and value-chain partners towards more sustainable tire recovery systems, said TIP.

According to TIP executive director Larisa Kryachkova, the 'data-driven' report shows how members are "turning commitments into measurable results,  [and] driving change across the value chain.”