Toyo Tire Corporation
Toyo Tire Corporation, a prominent player in the tyre manufacturing industry, is headquartered in Japan (JP) and has established a significant presence across various global markets. Founded in 1945, the company has consistently evolved, achieving key milestones that underscore its commitment to innovation and quality. Specialising in high-performance tyres for passenger vehicles, trucks, and motorsports, Toyo Tire is renowned for its cutting-edge technology and unique tread designs that enhance safety and performance. The company’s dedication to research and development has positioned it as a leader in the industry, with notable achievements in both consumer and commercial tyre segments. With a strong market position, Toyo Tire continues to expand its operational regions, delivering exceptional products that meet the diverse needs of drivers worldwide.
DitchCarbon Score
How does Toyo Tire Corporation'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.
Industry Average
Mean score of companies in the Rubber and Plastic Products 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.
Industry Benchmark
Toyo Tire Corporation's score of 33 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyo Tire Corporation's reported carbon emissions
In 2023, Toyo Tire Corporation reported total greenhouse gas emissions of approximately 555,000,000 kg CO2e, comprising about 274,500,000 kg CO2e from Scope 1 and about 280,500,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where emissions were approximately 519,900,000 kg CO2e, with Scope 1 at about 265,300,000 kg CO2e and Scope 2 at about 253,600,000 kg CO2e. Toyo Tire has set ambitious near-term reduction targets, committing to an absolute reduction of 46.2% in Scope 1 and Scope 2 emissions by FY2030, using FY2019 as the baseline. Additionally, the company aims for 89% of its suppliers, by emissions, to establish science-based targets by FY2029. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Toyo Tire Corporation's climate commitments reflect a proactive approach to reducing its carbon footprint and engaging its supply chain in sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 313,300 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 313,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Toyo Tire Corporation is participating in some 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.
