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 95% 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 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 three scopes. Over the years, Apollo Tyres has demonstrated a proactive approach to reducing its carbon footprint. From 2017 to 2023, the company has made significant strides in emissions reduction, with Scope 1 emissions decreasing from about 385,508,400 kg CO2e in 2017 to 292,368,000 kg CO2e in 2023. Similarly, Scope 2 emissions have reduced from 226,534,480 kg CO2e in 2017 to 303,089,000 kg CO2e in 2023, indicating a focus on improving energy efficiency and transitioning to cleaner energy sources. Apollo Tyres has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, showcasing the company's dedication to sustainable practices within the automotive sector. The near-term targets are also in place, reflecting their commitment to immediate action in reducing emissions. Overall, Apollo Tyres is actively working towards a more sustainable future, with a clear focus on reducing its carbon emissions and contributing to global climate goals.
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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 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.
