Cheng Shin Rubber Industry Co
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cheng Shin Rubber Industry Co's score of 29 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cheng Shin Rubber Industry Co's reported carbon emissions
Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported a total carbon emissions of approximately 474,022,000 kg CO2e in 2021. This figure includes about 164,993,000 kg CO2e from Scope 1 emissions and approximately 310,029,000 kg CO2e from Scope 2 emissions. The company has shown a notable decrease in emissions from previous years, with total emissions of about 553,631,000 kg CO2e in 2019 and approximately 218,423,000 kg CO2e in 2018. Despite these reductions, Cheng Shin Rubber has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction goals suggests a need for further commitment to climate action within the industry context. The company’s emissions data indicates a focus on managing Scope 1 and Scope 2 emissions, while Scope 3 emissions data remains undisclosed. Overall, while Cheng Shin Rubber has made strides in reducing its carbon footprint, the lack of formal climate commitments highlights an opportunity for enhanced sustainability practices moving forward.
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| 2017 | 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 | - | - |
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.
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.
