Cheng Shin Rubber Industry Co Sustainability Profile
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 18 is lower than 88% 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 2024, Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 1.31 billion kg CO2e. This figure reflects the company's global operations. In 2023, the company recorded total emissions of approximately 121.8 million kg CO2e, with Scope 1 emissions at about 42.7 million kg CO2e, Scope 2 emissions at approximately 79.1 million kg CO2e, and Scope 3 emissions reaching about 306.2 million kg CO2e. Cheng Shin Rubber has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate commitments within the industry context. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Overall, while Cheng Shin Rubber Industry Co has made strides in emissions reporting, further clarity on reduction strategies and commitments would strengthen its position in the climate action landscape.
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Cheng Shin Rubber Industry Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cheng Shin Rubber Industry Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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