Kumho Tire
Kumho Tire, officially known as Kumho Tire Co., Inc., is a leading player in the global tyre industry, headquartered in South Korea (KR). Established in 1960, the company has made significant strides in the automotive sector, focusing on the design and manufacture of high-quality tyres for passenger cars, trucks, and buses. With a strong presence in major operational regions including North America, Europe, and Asia, Kumho Tire has built a reputation for innovation and performance. The company’s core product offerings include a diverse range of tyres that are renowned for their durability, safety, and advanced technology. Notable achievements include numerous awards for product excellence and a commitment to sustainability, positioning Kumho Tire as a trusted choice among consumers and automotive professionals alike. With a focus on research and development, Kumho continues to enhance its market position, ensuring it remains at the forefront of the tyre industry.
DitchCarbon Score
How does Kumho Tire'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
Kumho Tire's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kumho Tire's reported carbon emissions
In 2023, Kumho Tire, headquartered in South Korea (KR), reported significant carbon emissions, totalling approximately 549,977,000 kg CO2e. This figure includes 153,799,000 kg CO2e from Scope 1 emissions and 396,178,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed a substantial Scope 3 emissions total of about 7,940,861,000 kg CO2e, which encompasses emissions from the entire value chain. Kumho Tire has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects the company's dedication to reducing its carbon footprint and addressing climate change. The company has also been a member of the Business Ambition for 1.5°C initiative since July 2022, indicating its proactive stance in climate action. In recent years, Kumho Tire has made strides in emissions management, with a focus on both operational and supply chain emissions. The company continues to monitor and report its emissions, aiming for transparency and accountability in its climate commitments.
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| 2010 | 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 181,632,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 129,936,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000 | 00,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 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.
Kumho Tire 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.
