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Public Profile
Rubber and Plastic Products
JP
updated 6 days ago

Toyo Tire Corporation Sustainability Profile

Company website

Toyo Tire Corporation, a prominent player in the tyre manufacturing industry, is headquartered in Japan (JP) and has established a significant presence across various global markets. Founded in 1945, the company has consistently evolved, achieving key milestones that underscore its commitment to innovation and quality. Specialising in high-performance tyres for passenger vehicles, trucks, and motorsports, Toyo Tire is renowned for its cutting-edge technology and unique tread designs that enhance safety and performance. The company’s dedication to research and development has positioned it as a leader in the industry, with notable achievements in both consumer and commercial tyre segments. With a strong market position, Toyo Tire continues to expand its operational regions, delivering exceptional products that meet the diverse needs of drivers worldwide.

DitchCarbon Score

How does Toyo Tire Corporation'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.

40

Industry Average

Mean score of companies in the Rubber and Plastic Products 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.

16

Industry Benchmark

Toyo Tire Corporation's score of 40 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Toyo Tire Corporation's reported carbon emissions

In 2024, Toyo Tire Corporation reported total Scope 1 emissions of approximately 265,100 kg CO2e. This marks a decrease from 2023, where Scope 1 emissions were about 274,500 kg CO2e, and Scope 2 emissions were approximately 55,200 kg CO2e. In 2022, the company disclosed a total of about 15,635,618,000 kg CO2e across all scopes, with Scope 1 emissions at approximately 274,500,000 kg CO2e, Scope 2 at about 50,000 kg CO2e, and significant Scope 3 emissions of around 15,044,618,000 kg CO2e. Toyo Tire has set ambitious near-term targets through the Science Based Targets initiative (SBTi), committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by FY2030 from a FY2019 baseline. Additionally, the company aims for 89% of its suppliers, covering purchased goods and services, to have science-based targets by FY2029. These targets align with the necessary reductions to limit global warming to 1.5°C. Overall, Toyo Tire Corporation is actively working towards significant emissions reductions while enhancing its sustainability practices within the tyre industry.

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Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
-
-
000,000,000
000,000
000,000
000,000
000,000,000
000,000
000,000
Scope 2
-
-
000,000,000
-
-
-
00,000
00,000
-
Scope 3
-
-
-
00,000,000
-
-
00,000,000,000
-
-

How Carbon Intensive is Toyo Tire Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Toyo Tire Corporation's primary industry is Rubber and plastic products (25), which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Toyo Tire Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Toyo Tire Corporation is in JP, which has a low grid carbon intensity relative to other regions.

Toyo Tire Corporation's Scope 3 Categories Breakdown

Toyo Tire Corporation's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 80% of Scope 3 emissions.

Top Scope 3 Categories

2022
Use of Sold Products
80%
Purchased Goods and Services
16%
End-of-Life Treatment of Sold Products
2%
Capital Goods
1%
Upstream Transportation & Distribution
<1%
Fuel and Energy Related Activities
<1%
Waste Generated in Operations
<1%
Employee Commuting
<1%
Processing of Sold Products
<1%
Investments
<1%

Toyo Tire Corporation'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.

Toyo Tire Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Toyo Tire Corporation's Emissions with Industry Peers

Apollo Tyres

IN
•
Motor vehicles, trailers and semi-trailers (34)
Updated 9 days ago

Nexen Tire

KR
•
Furniture; other manufactured goods n.e.c. (36)
Updated 2 days ago

Kumho Tire

KR
•
Motor vehicles, trailers and semi-trailers (34)
Updated 9 days ago

Sumitomo Rubber Industries

JP
•
Furniture; other manufactured goods n.e.c. (36)
Updated 1 day ago

Hankook Tire

KR
•
Motor vehicles, trailers and semi-trailers (34)
Updated 1 day ago

Hankook & Company Co., Ltd.

KR
•
Electrical machinery and apparatus n.e.c. (31)
Updated 3 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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