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 42 is higher than 86% 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 757,808,000 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, covering all relevant scopes. The company has demonstrated a proactive approach to climate commitments by pledging to achieve net-zero emissions across all scopes by 2050. This long-term target aligns with the Science Based Targets initiative (SBTi), which Apollo Tyres has officially committed to as of 2024. Their emissions reduction strategy is designed to address the entire value chain, indicating a comprehensive approach to sustainability. Over the years, Apollo Tyres has made notable progress in reducing emissions. For instance, from 2017 to 2023, Scope 1 emissions decreased from 385,508,400 kg CO2e to 292,368,000 kg CO2e, while Scope 2 emissions also saw a reduction from 226,534,480 kg CO2e to 303,089,000 kg CO2e. This trend highlights their ongoing efforts to enhance operational efficiency and reduce their carbon footprint. Overall, Apollo Tyres is committed to advancing its sustainability goals, with a clear focus on reducing carbon emissions and achieving net-zero by 2050, thereby contributing positively to the global climate agenda.
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Add to project| 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 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.
