Public Profile

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.

32

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.

2

Industry Benchmark

Toyo Tire Corporation's score of 32 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Toyo Tire Corporation's reported carbon emissions

In 2023, Toyo Tire Corporation reported significant reductions in its carbon emissions, with Scope 1 emissions at approximately 421,000 kg CO2e, Scope 2 emissions at about 128,000 kg CO2e, and Scope 3 emissions reaching around 94,800,000 kg CO2e. This marks a substantial decrease from previous years, particularly from 2020 when Scope 1 emissions were about 596,000,000 kg CO2e and Scope 3 emissions were approximately 626,300,000 kg CO2e. Toyo Tire has set ambitious near-term targets, committing to a 46.20% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030, using FY2019 as the base year. Additionally, the company aims for 89.00% of its suppliers, covering purchased goods and services, to have science-based targets by FY2029. These commitments align with the global goal of limiting temperature rise to 1.5°C, demonstrating Toyo Tire's proactive approach to climate action. Overall, Toyo Tire Corporation is making strides in reducing its carbon footprint while engaging its supply chain in sustainability efforts, reflecting a strong commitment to addressing climate change.

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201820192020202120222023
Scope 1
589,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000
Scope 2
42,400,000
000,000,000
00,000,000
000,000,000
000,000,000
000,000,000
Scope 3
265,300,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Toyo Tire Corporation's primary industry is Rubber and plastic products (25), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Toyo Tire Corporation is headquartered in JP, which has a rank of low, indicating low grid carbon 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 committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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