Kumho Tire Co Inc

Common Name
Kumho Tire
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
5,505
Ticker
073240
Exchange
KOREA EXCHANGE
Description
Kumho Tire Co., Inc. is a prominent manufacturer of tires, catering to a broad range of vehicles worldwide. Renowned for its innovation in tire technology, Kumho Tire produces tires for passenger cars...

Kumho Tire's Climate Target Data Preview

As of 2024, Kumho Tire has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kumho Tire ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Kumho Tire's Greenhouse Gas Emissions Pathways

As of 2024, Kumho Tire has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Kumho Tire have a target to reduce the emissions from its operations?

As of 2024, Kumho Tire has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Kumho Tire's most ambitious operational target is to reduce these emissions by 4.67% by 2025, compared to a baseline of 261,780 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

Instead of reducing operational emissions, Kumho Tire has increased them, with 2022 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target.

Kumho Tire's Operational (Scope 1+2) Emissions Pathway

201820222025070 k140 k210 k280 kCurrent (+1%)
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