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.
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.
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.
Kwang Yang Motor Co., Ltd.'s score of 20 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. The company has shown a slight increase in emissions compared to 2019, when total emissions were approximately 81,189,920 kg CO2e, with Scope 1 at about 22,071,360 kg CO2e and Scope 2 at about 59,118,550 kg CO2e. Despite the emissions data, Kwang Yang Motor Co., Ltd. has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of such commitments suggests a need for enhanced climate action strategies within the organisation. The emissions data is not cascaded from any parent company, indicating that Kwang Yang Motor Co., Ltd. is independently reporting its carbon footprint. The company’s focus on emissions management is crucial in the context of the automotive industry, which is increasingly under pressure to reduce greenhouse gas emissions and transition towards more sustainable practices.
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.
Kwang Yang Motor Co., Ltd. is not participating in any 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.