Toyota Motor Corporation, commonly known as Toyota, is a leading automotive manufacturer headquartered in Japan (JP). Founded in 1937, the company has established itself as a pioneer in the automotive industry, renowned for its innovative approach to vehicle production and sustainability. With major operational regions across Asia, North America, and Europe, Toyota has consistently delivered high-quality vehicles that cater to diverse consumer needs. The company is best known for its core products, including sedans, SUVs, and hybrids, with the Toyota Prius being a notable example of its commitment to eco-friendly technology. Toyota's dedication to quality and reliability has earned it a prominent market position, making it one of the largest car manufacturers globally. Key milestones, such as the introduction of the Toyota Production System, have further solidified its reputation for efficiency and excellence in automotive manufacturing.
How does Toyota'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.
Toyota's score of 14 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Toyota reported total carbon emissions of approximately 1,552,614,000 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 632,000 kg CO2e, comprising mobile combustion (392,000 kg CO2e) and stationary combustion (240,000 kg CO2e). Scope 2 emissions from purchased electricity were minimal at about 15,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for approximately 1,551,967,000 kg CO2e, with significant contributions from the use of sold products (about 1,308,512,000 kg CO2e) and capital goods (approximately 2,689,000 kg CO2e). Comparatively, in 2022, Toyota's total emissions were approximately 1,555,037,000 kg CO2e, indicating a slight decrease in emissions in 2023. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, Toyota's emissions data reflects a substantial reliance on Scope 3 emissions, particularly from the use of sold products, highlighting the importance of addressing these areas in future climate strategies.
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.
Toyota is committed to some reduction initiatives 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.