Toyota Motor Philippines Corporation Sustainability Profile
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 lower 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 2024, Toyota Motor Philippines Corporation (TMP) reported significant carbon emissions, with Scope 1 emissions totalling approximately 12,203,000 kg CO2e, primarily from mobile combustion (about 9,690,000 kg CO2e) and stationary combustion (about 2,513,000 kg CO2e). Scope 2 emissions were reported at approximately 20,222,000 kg CO2e, while Scope 3 emissions, specifically from waste generated in operations, amounted to about 509,000 kg CO2e. TMP has set ambitious climate commitments, aiming for carbon neutrality across all its manufacturing plants by 2035. This initiative, known as the TMP Plant Carbon Neutrality (PCN), was announced in 2021 and focuses on reducing carbon footprints at key facilities, including the TMP-Santa Rosa 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 commitment to sustainability within the corporate family. As part of its long-term strategy, TMP is actively working towards reducing its carbon emissions across all scopes, aligning with global climate action goals.
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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 |
How Carbon Intensive is Toyota Motor Philippines Corporation's Industry?
How Carbon Intensive is Toyota Motor Philippines Corporation's Location?
Toyota Motor Philippines 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.
Toyota Motor Philippines Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
