Toyota Motor Philippines Corporation
Toyota Motor Philippines Corporation, commonly referred to as TMP, is a leading automotive manufacturer headquartered in Santa Rosa, Laguna, Philippines. Established in 1988, TMP has significantly contributed to the Philippine automotive industry, becoming a key player in the production and distribution of vehicles across the archipelago. Specialising in the manufacture of passenger cars, commercial vehicles, and hybrid models, TMP is renowned for its commitment to quality, innovation, and sustainability. The company’s core products include the popular Toyota Vios, Hilux, and Fortuner, which are celebrated for their reliability and advanced technology. With a strong market position, TMP has consistently achieved notable milestones, including being the top-selling automotive brand in the Philippines for several years. Through its dedication to customer satisfaction and community engagement, Toyota Motor Philippines continues to drive the future of mobility in the region.
DitchCarbon Score
How does Toyota Motor Philippines 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.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing 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
Toyota Motor Philippines Corporation's score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyota Motor Philippines Corporation's reported carbon emissions
In 2023, Toyota Motor Philippines Corporation (TMP) reported total carbon emissions of approximately 134,000,000 kg CO2e, comprising 8,442,000 kg CO2e from Scope 1, 19,870,000 kg CO2e from Scope 2, and 107,383,000 kg CO2e from Scope 3 emissions. This data reflects a significant commitment to transparency in emissions reporting, with all three scopes disclosed. In 2022, TMP's total emissions were about 250,000,000 kg CO2e, with Scope 1 emissions at 3,419,000 kg CO2e, Scope 2 at 13,580,000 kg CO2e, and Scope 3 at 233,005,000 kg CO2e. The substantial figures indicate a focus on addressing emissions across all operational levels. TMP has set ambitious long-term climate commitments, pledging to achieve carbon neutrality at all manufacturing plants by 2035. This initiative, known as the TMP Plant Carbon Neutrality (PCN), aims to significantly reduce the carbon footprint at the TMP-Santa Rosa manufacturing plant, which produces popular models like the Vios and Innova. Additionally, TMP aims to achieve carbon neutrality for average greenhouse gas emissions from new vehicles by 2050. The emissions data for TMP is cascaded from its parent company, GT Capital Holdings, Inc., reflecting a broader corporate commitment to sustainability. TMP's proactive approach to climate action aligns with industry standards and demonstrates a commitment to reducing its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,419,000 | 0,000,000 |
| Scope 2 | 13,580,000 | 00,000,000 |
| Scope 3 | 233,005,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Motor Philippines Corporation 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.
