Iochpe Maxion
Iochpe Maxion, a prominent player in the automotive components industry, is headquartered in Brazil and operates extensively across South America, North America, and Europe. Founded in 1953, the company has established itself as a leader in the production of wheels and structural components for vehicles, catering to both light and heavy-duty segments. With a commitment to innovation, Iochpe Maxion offers a diverse range of products, including steel and aluminium wheels, as well as advanced structural solutions that enhance vehicle performance and safety. The company’s unique approach to manufacturing and sustainability has earned it a strong market position, recognised for its quality and reliability. Notable achievements include strategic partnerships with major automotive manufacturers, solidifying its reputation as a trusted supplier in the global market.
DitchCarbon Score
How does Iochpe Maxion'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 Motor Vehicle Manufacturing 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
Iochpe Maxion's score of 36 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iochpe Maxion's reported carbon emissions
In 2023, Iochpe Maxion, headquartered in Brazil, reported significant carbon emissions across various scopes. The company emitted approximately 174,516,800 kg CO2e in Scope 1, 114,599,300 kg CO2e in Scope 2, and a substantial 3,570,274,400 kg CO2e in Scope 3 emissions. This indicates a continued reliance on purchased goods and services, which accounted for about 3,570,274,400 kg CO2e of their total emissions. Over the years, Iochpe Maxion has made strides in reducing its emissions. From 2019 to 2023, Scope 1 emissions decreased from approximately 186,467,000 kg CO2e to 174,516,800 kg CO2e, while Scope 2 emissions saw a reduction from 264,717,000 kg CO2e to 114,599,300 kg CO2e. However, Scope 3 emissions increased from 1,124,822,000 kg CO2e in 2019 to 3,570,274,400 kg CO2e in 2023, highlighting a need for further action in this area. Iochpe Maxion has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its overall carbon footprint. The company is actively working towards this goal, with a near-term target status of "Committed" as of May 2023. Overall, Iochpe Maxion's emissions data and climate commitments illustrate a proactive approach to sustainability, although challenges remain, particularly in managing Scope 3 emissions.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 186,467,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 264,717,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,124,822,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Iochpe Maxion 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.
