Apollo Tyres

Apollo Tyres Limited, headquartered in India, operates in the Motor vehicles, trailers and semi-trailers industry.

For 2024, Apollo Tyres reported total emissions of approximately 801,766,200 kg CO2e. This includes Scope 1 emissions of approximately 311,937,200 kg CO2e, Scope 2 emissions of approximately 293,116,500 kg CO2e, and Scope 3 emissions of approximately 196,712,500 kg CO2e.

Looking back, their total emissions were approximately 834,816,600 kg CO2e in 2023, approximately 888,548,900 kg CO2e in 2022, approximately 730,480,200 kg CO2e in 2021, and approximately 737,618,100 kg CO2e in 2020. In 2019, Scope 1 emissions were approximately 352,752,300 kg CO2e, Scope 2 emissions were approximately 369,701,250 kg CO2e, and Scope 3 emissions were approximately 105,586,100 kg CO2e. For 2018, Scope 1 emissions were approximately 302,910,420 kg CO2e and Scope 2 emissions were approximately 295,515,010 kg CO2e. In 2017, Scope 1 emissions were approximately 385,508,400 kg CO2e and Scope 2 emissions were approximately 226,534,480 kg CO2e.

Apollo Tyres Limited has set several climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its value chain by FY2050, as recognised by the Science Based Targets initiative (SBTi).

Near-term targets include reducing absolute Scope 1 and Scope 2 GHG emissions by 58.8% by FY2035 from a FY2025 base year. Additionally, they commit to reducing absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, upstream leased assets, and downstream transportation and distribution by 37.5% within the same timeframe.

The company also has intensity-based targets, aiming to reduce Scope 1 emission intensity by 25% by FY2026 compared to a FY2020 baseline and Scope 2 emission intensity by 35% by FY2026 compared to a FY2020 baseline.

Long-term SBTi commitments include a 90.0% reduction in absolute Scope 1 and Scope 2 GHG emissions by FY2050 from a FY2025 base year. A 90.0% reduction in absolute Scope 3 GHG emissions from various categories, including purchased goods and services, transportation, waste, business travel, employee commuting, and end-of-life treatment of sold products, is also targeted within the same timeframe.