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.
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.
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.
Apollo Tyres's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Apollo Tyres reported total carbon emissions of approximately 757,708,000 kg CO2e, comprising 292,368,000 kg CO2e from Scope 1, 303,089,000 kg CO2e from Scope 2, and 162,351,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all scopes. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050, as part of their long-term strategy. They are currently committed to the Science Based Targets initiative (SBTi), which underscores their dedication to aligning with global climate goals. In recent years, Apollo Tyres has made notable progress in reducing emissions. For instance, from 2019 to 2023, they have decreased their Scope 1 emissions from 352,752,300 kg CO2e to 292,368,000 kg CO2e, demonstrating a proactive approach to sustainability. Overall, Apollo Tyres is actively working towards reducing its carbon footprint while maintaining transparency in its emissions data, reflecting a strong commitment to environmental responsibility in the automotive sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.