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 36 is higher than 64% 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 2023, Cheng Shin Rubber Industry Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 121,185,910 kg CO2e for Scope 1, 552,534,663 kg CO2e for Scope 2, and 198,130 kg CO2e for Scope 3. This reflects a significant increase in emissions compared to previous years, particularly in Scope 2 emissions, which rose from 63,450 kg CO2e in 2022 and 487,460 kg CO2e in 2021. In 2022, the company’s emissions were approximately 495,430 kg CO2e for Scope 1, 63,450 kg CO2e for Scope 2, and 114,000 kg CO2e for Scope 3. The 2021 data indicated emissions of about 144,241,890 kg CO2e for Scope 1, 487,460 kg CO2e for Scope 2, and a substantial 6,831,300 kg CO2e for Scope 3, highlighting a trend of fluctuating emissions across the years. Cheng Shin Rubber has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organization, indicating that it operates independently in its emissions reporting and climate strategy. Overall, while Cheng Shin Rubber Industry Co has disclosed comprehensive emissions data across all three scopes, the lack of reduction targets may limit its effectiveness in addressing climate change and reducing its carbon footprint in the future.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 201,986,000 | 000,000,000 | 000,000,000 | 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 | 00,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 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.
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.
