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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.

16

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.

2

Industry Benchmark

Toyota Motor Philippines Corporation's score of 16 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

Toyota Motor Philippines Corporation's reported carbon emissions

In 2023, Toyota Motor Philippines Corporation reported total carbon emissions of approximately 6,612,723,000 kg CO2e, comprising 1,530,056,000 kg CO2e from Scope 1, 490,375,000 kg CO2e from Scope 2, and 6,612,723,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, with 2022 figures showing approximately 6,156,959,000 kg CO2e in total emissions, including 1,397,321,000 kg CO2e from Scope 1 and 420,379,000 kg CO2e from Scope 2. In 2021, the company reported total emissions of about 5,432,170,000 kg CO2e, with Scope 1 emissions at 1,641,770,000 kg CO2e and Scope 2 emissions at 410,312,000 kg CO2e. The trend indicates a gradual increase in emissions across all scopes over the years. Despite the rising emissions, Toyota Motor Philippines has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As the automotive industry increasingly focuses on sustainability, Toyota Motor Philippines may benefit from establishing clear goals to reduce emissions and align with global climate standards.

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2020202120222023
Scope 1
1,393,274,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
368,537,000
000,000,000
000,000,000
000,000,000
Scope 3
4,958,930,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Toyota Motor Philippines Corporation's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Toyota Motor Philippines Corporation is headquartered in PH, which has a rank of high, indicating high grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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