Cheng Shin Rubber Industry Co
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cheng Shin Rubber Industry Co's score of 29 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cheng Shin Rubber Industry Co's reported carbon emissions
In 2021, Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 474,022,000 kg CO2e. This figure includes about 164,993,000 kg CO2e from Scope 1 emissions and approximately 310,029,000 kg CO2e from Scope 2 emissions. Comparatively, in 2020, the company’s total emissions were about 513,405,000 kg CO2e, with Scope 1 emissions at approximately 156,410,000 kg CO2e and Scope 2 emissions at around 356,995,000 kg CO2e. This indicates a reduction in total emissions of about 39,383,000 kg CO2e from 2020 to 2021. Cheng Shin Rubber has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges as part of their sustainability initiatives. The company’s emissions intensity has been reported, with a greenhouse gas emissions intensity of about 1,130 kg CO2e per tonne in 2021, reflecting their operational impact on climate change. Overall, while Cheng Shin Rubber has made strides in reducing their emissions, further commitments and transparency regarding their climate strategies would enhance their sustainability profile.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 201,986,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 31,421,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
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.
