BKT releases sustainability report for 2023-2024

Seregno, Italy – BKT released its Sustainability report for the financial year 2023-24. ‘Promoting Sustainable Growth with Off-Highway Excellence’ is the company’s third sustainability report and its second Business Responsibility & Sustainability Report (BRSR), a milestone that reflects BKT’s concrete and measurable commitment to a more sustainable future.

The report, aligned with the international standards of the Global Reporting Initiative (GRI), has been verified by Bureau Veritas, an independent body of global prestige. This validation ensures that every result and progress reported is the result of practices that are transparent, verifiable and consistent with global sustainability expectations.

The data confirms the holistic approach to sustainability taken by BKT during the reporting period, underscoring the authentic commitment extended to the principles of sustainable innovation, social, environmental and corporate responsibility. Not just a promise, therefore, but significant goals along the entire supply chain.

Some examples include:

Emission reduction and energy management: BKT has reduced its consumption of non-renewable electricity by 26%, increasing the use of renewable energy by 6%, which has made it possible to cut a total of 28,000 tons of CO2.

Circular economy and waste management: 99% of the waste generated was recycled or reused, with a 33% increase in recycling and a 22% reduction in plastic waste.

Protection of biodiversity and water management: The multinational has planted 25,000 new trees and reduced water withdrawal by 43% in areas at risk of water stress.

Sustainable materials: over 91,000 tons of renewable materials were used in their main products.

In addition to these environmental achievements, the new report highlights the strong social commitment shown by BKT, which adopts a responsible supply chain. Strict environmental and social criteria are applied to suppliers, ensuring respect for human rights and environmental protection. The company has also provided more than 350,000 hours of training to employees and invested more than €3.4 million in 21 corporate responsibility projects, benefiting communities in the areas where production facilities are located.

Rajiv Poddar, Joint Managing Director of BKT, said: “Sustainability, for us, is not just a word, but a tangible and measurable commitment. Every initiative we undertake is designed to generate a positive impact, not only on the environment, but also on the people and communities around us.”

Rajiv Poddar further pointed out: “We are aware that there may still be preconceptions about companies that produce outside Europe, especially in certain geographical areas such as India. However, what really matters are the facts. And the facts, as our recent report shows, are clear and verifiable.”

Finally, he concluded: “We do not make proclamations and then relocate to European countries with low labor costs. On the contrary, we are deeply connected to our Indian roots, and we feel a strong sense of responsibility to share the benefits of our success with the communities that ‘raised’ us. India is part of our DNA, and it is here that we invest to ensure fair wages and to promote lasting economic and social development. This is our commitment, which not only reflects our values, but is also confirmed and verified by internationally renowned partners such as Bureau Veritas, which attests to the transparency and reliability of each of our results.”

This commitment, together with product quality and sustainability, allows BKT to compete at the highest levels in both the original equipment and spare parts markets. And in an increasingly quality- and sustainability-oriented industry, customers choose BKT for its reliability and the tangible value that its products offer, regardless of their geographical origin. BKT tires, widely used by both manufacturers and in the aftermarket, are indeed appreciated for their high performance and compliance with strict international standards.

With the publication of this report, BKT reaffirms its leadership in leading the sector towards ever higher standards of responsibility and innovation, inviting all partners, customers and stakeholders to come together and collaborate to pursue the common mission of creating a more sustainable and responsible future.

The Sustainability Report is available on the official BKT website, at this link: https://www.bkt-tires.com/in/en/sustainability