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 in key markets across Asia, Europe, and Africa, catering to a diverse range of vehicles, including passenger cars, commercial vehicles, and two-wheelers. With a focus on sustainability and cutting-edge technology, Apollo Tyres offers a wide array of products, including high-performance tyres that are designed to enhance safety and fuel efficiency. The company has achieved significant milestones, such as expanding its manufacturing capabilities and entering strategic partnerships, solidifying its position as a trusted brand in the automotive sector. Apollo Tyres continues to lead the market with its dedication to excellence and innovation.
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 42 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Apollo Tyres's reported carbon emissions
In 2023, Apollo Tyres reported total carbon emissions of approximately 292,368 tonnes CO2e from Scope 1, 303,089 tonnes CO2e from Scope 2, and 162,351 tonnes CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint across all scopes, with a notable decrease in Scope 1 and 2 emissions compared to previous years. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050, as part of their long-term strategy. They are actively working towards this goal, having initiated their reduction targets in 2023. Apollo Tyres is focused on improving energy efficiency and transitioning to renewable energy sources to achieve these targets. In terms of performance, the company has shown a consistent reduction in emissions intensity, with Scope 2 emissions intensity decreasing to about 480 tonnes CO2e per unit of revenue in 2023. This indicates a positive trend in their sustainability efforts. Overall, Apollo Tyres is making significant strides in addressing climate change, aligning with industry standards and demonstrating a commitment to environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 226,534,480 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 385,508,400 | 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 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.
