Apollo Tyres
Apollo Tyres Ltd, headquartered in India, is a prominent player in the global tyre industry, renowned for its innovative solutions and commitment to quality. Founded in 1972, the company has established a strong presence across major operational regions, including Europe, Asia, and Africa. Specialising in the manufacture of tyres for passenger vehicles, commercial vehicles, and two-wheelers, Apollo Tyres stands out for its focus on sustainability and advanced technology. The company has achieved significant milestones, including the launch of its high-performance tyre range, which has garnered accolades for safety and durability. With a robust market position, Apollo Tyres is recognised for its dedication to research and development, making it a trusted choice among consumers and businesses alike. Its commitment to excellence continues to drive its growth and innovation in the tyre sector.
DitchCarbon Score
How does Apollo Tyres'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 Retail Trade 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
Apollo Tyres's score of 47 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Apollo Tyres's reported carbon emissions
In 2023, Apollo Tyres reported total carbon emissions of approximately 303,089,000 kg CO2e from Scope 2 and 292,368,000 kg CO2e from Scope 1, alongside 162,351,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all scopes. Over the years, Apollo Tyres has demonstrated a proactive approach to reducing its carbon footprint. For instance, in 2022, the company recorded emissions of about 385,615,300 kg CO2e in Scope 2 and 354,921,500 kg CO2e in Scope 1, indicating a focus on minimising emissions in their operations. The company has set a long-term target to achieve net-zero emissions by 2050, as part of its commitment to the Science Based Targets initiative (SBTi). This commitment encompasses all scopes of emissions, showcasing a comprehensive strategy to tackle climate change. Apollo Tyres continues to engage in various sustainability initiatives aimed at reducing its environmental impact, aligning with industry standards and expectations for climate action.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 385,508,400 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 226,534,480 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Apollo Tyres 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.
