Kwang Yang Motor Co., Ltd. Sustainability Profile
Kwang Yang Motor Co., Ltd., commonly known as Kymco, is a prominent Taiwanese manufacturer headquartered in Taiwan (TW). Established in 1963, Kymco has evolved into a leading player in the global motorcycle and scooter industry, with significant operations across Asia, Europe, and North America. The company is renowned for its innovative range of scooters, motorcycles, and all-terrain vehicles, distinguished by their reliability and advanced technology. Kymco's commitment to quality and performance has solidified its market position, making it a preferred choice among riders worldwide. With a rich history marked by key milestones, including the introduction of electric scooters, Kymco continues to push the boundaries of mobility solutions, catering to the diverse needs of modern consumers.
DitchCarbon Score
How does Kwang Yang Motor Co., Ltd.'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 Retail 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
Kwang Yang Motor Co., Ltd.'s score of 20 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kwang Yang Motor Co., Ltd.'s reported carbon emissions
In 2020, Kwang Yang Motor Co., Ltd. reported total carbon emissions of approximately 83,192,720 kg CO2e in Taiwan. This figure includes about 24,895,830 kg CO2e from Scope 1 emissions and about 58,296,890 kg CO2e from Scope 2 emissions. Comparatively, in 2019, the company emitted around 81,189,920 kg CO2e, with Scope 1 emissions at approximately 22,071,360 kg CO2e and Scope 2 emissions at about 59,118,550 kg CO2e. This indicates a slight increase in total emissions year-on-year. Kwang Yang Motor Co., Ltd. has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent or related organization, and there are no reported commitments to initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. Overall, while Kwang Yang Motor Co., Ltd. has provided emissions data for recent years, it lacks defined climate reduction strategies or targets, which are critical for addressing climate change effectively.
How Carbon Intensive is Kwang Yang Motor Co., Ltd.'s Industry?
How Carbon Intensive is Kwang Yang Motor Co., Ltd.'s Location?
Kwang Yang Motor Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kwang Yang Motor Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
