WEBVTT 1 00:00:02.085 --> 00:00:05.505 At American Tire, we decided that we wanted to take on the needs 2 00:00:05.505 --> 00:00:08.925 of the replacement tire business to reduce our carbon footprint. 3 00:00:09.718 --> 00:00:12.804 As the largest replacement tire distributor in the world, 4 00:00:12.846 --> 00:00:16.266 we felt that we could actually have outsized impact by being a leader. 5 00:00:17.142 --> 00:00:19.477 240 to 250 million used tires 6 00:00:19.477 --> 00:00:22.313 come off of vehicles in America every year. 7 00:00:22.480 --> 00:00:24.983 Somewhere, those tires have to be disposed of. 8 00:00:24.983 --> 00:00:29.946 What we discovered was many of them were being burned in kilns, used as used tires 9 00:00:29.946 --> 00:00:33.867 in a secondary market, or in fact, cut and then buried in landfills. 10 00:00:34.743 --> 00:00:36.161 Our trucks go out full, 11 00:00:36.161 --> 00:00:37.829 they come back empty. 12 00:00:37.829 --> 00:00:42.667 From that, we got into the idea of scrap tires and actually tire recycling 13 00:00:42.667 --> 00:00:45.628 and then that put us on another path to the journey. 14 00:00:46.254 --> 00:00:48.882 When it came time for us to select someone to help us 15 00:00:49.090 --> 00:00:52.886 accelerate our ability to get at this issue of sustainability, 16 00:00:52.927 --> 00:00:54.637 we selected BCG. 17 00:00:54.637 --> 00:00:57.057 There were a couple of good reasons for us to do that. 18 00:00:57.057 --> 00:00:59.225 We had worked with BCG for a number of years, 19 00:00:59.267 --> 00:01:01.394 they knew our business inside and out, 20 00:01:01.394 --> 00:01:02.771 they knew our sector. 21 00:01:02.771 --> 00:01:06.649 As a result, they knew the nuances of what it would take to have impact 22 00:01:06.858 --> 00:01:08.109 between the manufacturer, 23 00:01:08.109 --> 00:01:11.571 the distributor, and the retailer in a positive and constructive way. 24 00:01:12.405 --> 00:01:15.492 They had already developed tools that we could leverage and use 25 00:01:15.492 --> 00:01:19.329 and then build off of to help us accelerate to a conclusion and be able 26 00:01:19.329 --> 00:01:22.373 to get stuff into the marketplace faster than anybody else could. 27 00:01:22.707 --> 00:01:26.044 That was real, credible outcomes for our industry. 28 00:01:26.503 --> 00:01:31.341 BCG helped a small internal team accelerate the whole buildout of 29 00:01:31.341 --> 00:01:32.926 what's now become a separate 30 00:01:32.926 --> 00:01:36.805 line of business for us under our FLX FWD logistics as a service hub. 31 00:01:37.722 --> 00:01:41.476 Today, with tire recycling, the results that we've seen have been enormous. 32 00:01:41.476 --> 00:01:44.687 By the end of the year, we expect to be in almost every state. 33 00:01:44.938 --> 00:01:49.901 We've sent 65,000 tires to a better recycling outcome. 34 00:01:50.527 --> 00:01:54.239 We've connected CO2 AI to our computing platform 35 00:01:54.405 --> 00:01:57.367 and in addition to the normal metrics 36 00:01:57.367 --> 00:02:00.203 you would get in terms of how effective we are as a business, 37 00:02:00.537 --> 00:02:04.165 now we can actually understand the impact of our operations 38 00:02:04.165 --> 00:02:07.877 and decisions and future decisions on our carbon footprint. 39 00:02:08.670 --> 00:02:11.923 One of the things that became particularly clear for our company 40 00:02:11.965 --> 00:02:15.426 was that sustainability was not only good for the environment, 41 00:02:15.426 --> 00:02:18.138 but it had some real economic benefits to us as a company, 42 00:02:18.555 --> 00:02:22.600 and also a place in differentiating our business versus our competition. 43 00:02:23.226 --> 00:02:27.397 People want to be part of this within ATD. Even outside of ATD, 44 00:02:27.397 --> 00:02:30.984 people want to work with us because of the sustainability work that we are doing. 45 00:02:31.442 --> 00:02:35.655 It's not often that you go to set up a new internal team or a new project team 46 00:02:35.655 --> 00:02:38.408 and you actually have people saying, “Can I be part of that?” 47 00:02:39.284 --> 00:02:41.411 What we've realized is the importance that 48 00:02:41.411 --> 00:02:44.289 this has not only for us and our employees, 49 00:02:44.747 --> 00:02:48.251 but for our broader constituencies out there in the marketplace, 50 00:02:48.251 --> 00:02:52.213 and it has added value to our brand, it has added value to our company, 51 00:02:52.213 --> 00:02:54.883 and it will continue to bring that to life over the years ahead. 52 00:02:55.216 --> 00:02:59.012 It's a plank in who we are as a company, it represents our values, 53 00:02:59.262 --> 00:03:00.555 it's about your culture, 54 00:03:00.555 --> 00:03:01.472 it's about your company, 55 00:03:01.472 --> 00:03:10.273 and it's about its future.