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Prometeon Tyre Group (PTG) has launched second party audits of its raw materials suppliers and “rigorous” checks on its minerals suppliers to ensure any materials supplied to PTG are not sourced from conflict zones.

The moves are part of the company’s continuing sustainability drive, which has been set out in its latest Sustainability Report 2021.

The introduction of second party audits of the group’s raw material suppliers will see PTG use third party companies to carry out the checks on an annual basis to ensure compliance with international standards and to mitigate risks linked to outsourced activities.

PTG said the inspections will also allow the group to check the conformity of its suppliers’ products and services to ensure they are procuring these in a responsible and sustainable way.

To ensure PTG does not source any materials from conflict zones such as the Democratic Republic of the Congo, PTG has also extended its due diligence, carrying out rigorous audits on its cobalt and mineral suppliers, the results of which will be published in its 2022 Sustainability Report.

Prometeon has also entered into a partnership with environmental, social and governance (ESG) ratings agency Sustainalytics, which will work with PTG to drive its sustainability principles throughout the entire value chain.

Nicolas Marchi, PTG internal audit and sustainability officer, said: “For PTG, it is essential to continue working on sustainable development in order to give generations to come a better future. For this reason, we are committed to extending our sustainability to all corporate processes, from governance to financial, environmental and social areas.”

Roberto Righi, PTG general manager added: “Over the coming years we will be focusing on balancing technological development and sustainability, underlining our respect for both the environment and for all the communities and people with whom the company works on a day-to-day basis.

“With the initiatives set in motion since 2021, PTG is ready to continue its sustainable growth journey.”

Prometeon Tyre Group's 2021 Sustainability Report can be found here