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 25 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported significant carbon emissions in recent years. In 2021, the company emitted approximately 474,022,000 kg CO2e, with Scope 1 emissions accounting for about 164,993,000 kg CO2e and Scope 2 emissions at approximately 310,029,000 kg CO2e. The previous year, 2020, saw total emissions of about 513,405,000 kg CO2e, with Scope 1 emissions of approximately 156,410,000 kg CO2e and Scope 2 emissions of around 356,995,000 kg CO2e. In 2019, emissions peaked at approximately 553,631,000 kg CO2e, comprising about 154,201,000 kg CO2e from Scope 1, 399,430,000 kg CO2e from Scope 2, and 2,156,000 kg CO2e from Scope 3. The trend shows a reduction in total emissions from 2019 to 2021, indicating a potential commitment to improving their carbon footprint. Despite these figures, Cheng Shin Rubber Industry Co has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests that while the company is aware of its emissions, it may need to enhance its climate commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 201,986,000 | 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 | 000,000,000 |
Scope 3 | - | - | 0,000,000 | - | - |
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 committed to any reduction initiatives 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.