Cheng Shin Rubber Industry Co., commonly known as Maxxis, is a leading manufacturer in the tyre industry, headquartered in Taiwan (TW). Established in 1967, the company has expanded its operations globally, with significant presence in North America, Europe, and Asia. Maxxis is renowned for its diverse range of products, including tyres for motorcycles, bicycles, cars, and trucks, distinguished by their innovative designs and superior performance. With a commitment to quality and safety, Cheng Shin Rubber has achieved notable milestones, such as being one of the top ten tyre manufacturers worldwide. The company’s dedication to research and development ensures that its products meet the evolving needs of consumers, solidifying its market position as a trusted brand in the automotive sector.
How does Cheng Shin Rubber Industry Co'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 Business 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.
Cheng Shin Rubber Industry Co's score of 21 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported a greenhouse gas (GHG) emissions intensity of approximately 1,130 kg CO2e per tonne of sales product, reflecting their Scope 1 and 2 emissions. This represents a significant improvement from 2022, where the emissions intensity was about 1,517 kg CO2e per tonne. For the year 2021, Cheng Shin disclosed absolute emissions of 54,885,000 kg CO2e for Scope 1 and 110,088,000 kg CO2e for Scope 2, totalling approximately 164,973,000 kg CO2e. This data indicates a commitment to tracking and managing their carbon footprint, although no Scope 3 emissions data has been reported. Despite the absence of specific reduction targets or initiatives, the company is actively monitoring its emissions and has shown a positive trend in reducing emissions intensity over the past two years. Cheng Shin's emissions data is sourced directly from Cheng Shin Rubber Ind. Co., Ltd., with no cascaded data from a parent company. Overall, while specific climate commitments or reduction targets have not been outlined, the company’s focus on emissions intensity suggests a proactive approach to climate responsibility within the rubber industry.
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.
Cheng Shin Rubber Industry Co 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.