Public Profile

Toyo Tires

Toyo Tire Corporation, commonly known as Toyo Tires, is a leading manufacturer in the tyre industry, headquartered in Japan. Established in 1945, the company has grown to become a prominent player in the global market, with significant operations across North America, Europe, and Asia. Toyo Tires is renowned for its high-performance tyres, catering to a diverse range of vehicles, including passenger cars, trucks, and SUVs. Their commitment to innovation and quality is evident in their advanced tread designs and cutting-edge technology, which enhance safety and performance on the road. With a strong market position, Toyo Tires has received numerous accolades for its products, solidifying its reputation as a trusted choice among automotive enthusiasts and everyday drivers alike.

DitchCarbon Score

How does Toyo Tires'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.

26

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

Toyo Tires's score of 26 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Toyo Tires's reported carbon emissions

In 2023, Toyo Tires reported total carbon emissions of approximately 274,500 kg CO2e for Scope 1 and about 105,800 kg CO2e for Scope 2 (market-based). This marks a slight increase in Scope 1 emissions from 2022, which were about 265,300 kg CO2e, while Scope 2 emissions decreased from approximately 253,600 kg CO2e in the same year. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Toyo Tires has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting that their climate commitments may currently be limited in scope. Overall, while Toyo Tires has made strides in tracking and reporting its emissions, the absence of reduction targets highlights an opportunity for the company to enhance its climate strategy and contribute more significantly to global climate goals.

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201820192020202120222023
Scope 1
313,300,000
000,000,000
000,000,000
000,000
000,000
000,000
Scope 2
313,000,000
000,000,000
000,000,000
000,000
000,000
000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Toyo Tires's primary industry is Motor vehicles, trailers and semi-trailers (34), which is low 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. This request for Toyo Tires is in JP, which has a low grid carbon intensity relative to other regions.

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.

Toyo Tires 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers