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 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Kumho Tire's reported carbon emissions
In 2023, Kumho Tire, headquartered in South Korea (KR), reported significant carbon emissions across various regions. The total emissions included approximately 153,799,000 kg CO2e for Scope 1 and 396,178,000 kg CO2e for Scope 2 globally. Notably, emissions from Scope 3 reached about 7,940,861,000 kg CO2e, indicating a substantial impact from the entire value chain. Kumho Tire has set ambitious reduction targets, aiming for a 42% decrease in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline. Additionally, the company plans to reduce Scope 3 emissions by 25% within the same timeframe. Long-term goals include a 90% reduction in absolute emissions across all scopes by 2045, also from a 2022 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect a commitment to limiting global warming to 1.5°C. To achieve these goals, Kumho Tire is investing in renewable energy solutions, such as solar power facilities, and enhancing energy efficiency through the installation of steam turbine generators. The company is also actively pursuing net-zero emissions across its value chain by 2045, demonstrating a comprehensive approach to climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 138,056,800 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 379,170,200 | 000,000,000 | 00,000 | 000,000,000 | 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 participating in some 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.
