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OrganisationsKumho Tire
Kumho Tire logo

Kumho Tire

Motor Vehicle ManufacturingSouth KoreaKSC: 073240.KS
Last verified 4 months agokumhotire.com

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.

45
DitchCarbon score

+13 vs industry average

Kumho Tire’s score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Motor Vehicle Manufacturing has above-average carbon intensity

Industry performance

0.388
20182025

The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018

Emissions trajectory 2020 – 2026

0.0B0.0B0.0B0.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Kumho Tire's reported carbon emissions

In 2023, Kumho Tire reported total greenhouse gas emissions of approximately 8,000,861,000 kg CO2e, comprising 153,799,000 kg CO2e from Scope 1, 396,178,000 kg CO2e from Scope 2, and 7,450,884,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline. Additionally, Kumho Tire plans to achieve a 25% reduction in its Scope 3 emissions within the same timeframe.

Long-term goals include a significant reduction of 90% in absolute emissions across all scopes by 2045, also based on the 2022 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to net-zero emissions by 2045. To support these goals, Kumho Tire is investing in renewable energy solutions, such as solar power facilities and steam turbine generators, to enhance its sustainability efforts.

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Kumho Tire’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Kumho Tire yet.

Scope 3 top emissions categories

12 of 15 categories disclosed
Use of Sold Products72%
Purchased Goods & Services19%
Upstream Transportation & Distribution5%
Capital Goods2%
End-of-Life Treatment1%
Fuel & Energy Activities1%
Franchises0%
Waste Generated in Operations0%
Use of Sold Products72%
Purchased Goods & Services19%
Upstream Transportation & Distribution5%
Capital Goods2%
End-of-Life Treatment1%
Fuel & Energy Activities1%
Franchises0%
Waste Generated in Operations0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Kumho Tire logoKumho Tire
KRMotor Vehicle Manufacturing
4 months ago
45
Apollo Tyres logoApollo Tyres
INMotor Vehicle Manufacturing
8 days ago
57
View
Cheng Shin Rubber USA Inc. logoCheng Shin Rubber USA Inc.
USMotor Vehicle Manufacturing
8 days ago
21
View
Giti Tire Pte. Ltd. logoGiti Tire Pte. Ltd.
SGReal Estate Services
2 days ago
15
View

Frequently asked questions

Common questions about Kumho Tire’s sustainability data and climate commitments

Kumho Tire reported total greenhouse gas emissions of approximately 8 billion kg CO₂e in 2023. This includes around 154 million kg CO₂e from Scope 1, about 396 million kg CO₂e from Scope 2, and nearly 7.5 billion kg CO₂e from Scope 3 emissions. The vast majority of emissions stem from Scope 3, highlighting the significant impact of the supply chain on the company's overall carbon footprint.

Data year: 2023

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

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