Toyo Tire Corporation

Toyo Tire Corporation, headquartered in Japan within the Rubber and plastic products industry, reported its 2025 carbon emissions as follows: Scope 1 emissions were 260,600,000 kg CO2e, Scope 2 emissions were 240,500,000 kg CO2e (with market-based emissions at 55,200,000 kg CO2e and location-based emissions at 105,800,000 kg CO2e), and Scope 3 emissions were 14,780,300,000 kg CO2e. Key categories for Scope 3 include purchased goods and services at 2,325,000,000 kg CO2e and waste generated in operations at 11,100,000 kg CO2e.

Looking back, in 2024, Scope 1 emissions were 265,100,000 kg CO2e, Scope 2 were 244,600,000 kg CO2e, and Scope 3 were 14,784,500,000 kg CO2e. In 2023, Scope 1 emissions stood at 274,500,000 kg CO2e, Scope 2 at 280,500,000 kg CO2e, and Scope 3 at 16,388,700,000 kg CO2e. In 2022, these figures were 265,300,000 kg CO2e for Scope 1, 253,600,000 kg CO2e for Scope 2, and 13,019,800,000 kg CO2e for Scope 3.

Toyo Tire Corporation has made significant climate commitments, with Science Based Targets initiative (SBTi) approved near-term targets. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by financial year 2030, using a financial year 2019 base year. This target is consistent with reductions required to keep global warming to 1.5°C. Additionally, Toyo Tire Corporation aims for 89% of its suppliers, by emissions covering purchased goods and services, to have science-based targets by financial year 2029. The company also has a long-term ambition to achieve carbon neutrality by 2050. For Scope 3 emissions, Toyo Tire Corporation aims to reduce GHG emissions per tire by 20% by 2030 compared to 2019 levels.