Cheng Shin Rubber Industry Co., commonly known as Maxxis, is a leading manufacturer in the tyre industry, headquartered in Taiwan (TW). Established in 1967, the company has expanded its operations globally, with significant presence in North America, Europe, and Asia. Maxxis is renowned for its diverse range of products, including tyres for motorcycles, bicycles, cars, and trucks, distinguished by their innovative designs and superior performance. With a commitment to quality and safety, Cheng Shin Rubber has achieved notable milestones, such as being one of the top ten tyre manufacturers worldwide. The company’s dedication to research and development ensures that its products meet the evolving needs of consumers, solidifying its market position as a trusted brand in the automotive sector.
How does Cheng Shin Rubber Industry Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cheng Shin Rubber Industry Co's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 121,185,910 kg CO2e for Scope 1, 552,534,663 kg CO2e for Scope 2, and 198,130 kg CO2e for Scope 3. This represents a significant increase in emissions compared to 2022, where Scope 1 emissions were about 495,430 kg CO2e, Scope 2 emissions were approximately 63,450 kg CO2e, and Scope 3 emissions were around 114,000 kg CO2e. The company's emissions data shows a notable trend in Scope 1 and 2 emissions, with a total of approximately 673,720,573 kg CO2e in 2023, compared to about 495,430 kg CO2e in 2022. This indicates a substantial rise in emissions intensity, which is concerning in the context of global climate commitments. Cheng Shin Rubber has not disclosed any specific reduction targets or initiatives as part of their climate commitments. There are no SBTi (Science Based Targets initiative) reduction targets or documented climate pledges available, suggesting a lack of formalised strategies for emissions reduction at this time. The emissions data is sourced directly from Cheng Shin Rubber Ind. Co., Ltd. and is not cascaded from any parent or related organisation. The company has disclosed emissions across all relevant scopes, indicating a comprehensive approach to tracking their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 201,986,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000,000 |
Scope 2 | 31,421,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000 | 00,000 | 000,000,000 |
Scope 3 | - | - | - | - | 0,000,000 | 000,000 | 000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cheng Shin Rubber Industry Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.