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Tofas Turk Otomobil Fabrikasi AS

Common Name
Tofas Turk Otomobil Fabrikasi
Country
Turkey
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
4,600
Ticker
TOASO.E
Exchange
Borsa İstanbul
Description
Tofas Turk Otomobil Fabrikasi A.S. is a Turkish automotive manufacturer specializing in the production, export, distribution, and sale of passenger cars and light commercial vehicles. It operates manu...

Tofas Turk Otomobil Fabrikasi's GHG Emissions Data Preview

In 2024, Tofas Turk Otomobil Fabrikasi completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Tofas Turk Otomobil Fabrikasi has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
21,385a
35,794a
38,313a
Total Scope 2
Unspecified Calculation Method
26,330a
38,498a
46,558a
Total Scope 3
3,400,000a
5,940,000a
7,114,000a
Total Scope 1 Revenue Intensity (tCO2e/$M)
5.8574a
5.637a
5.6457a
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Verified Sources Behind Tofas Turk Otomobil Fabrikasi’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Tofas Turk Otomobil Fabrikasi's Integrated Report 2024
b. Tofas Turk Otomobil Fabrikasi's Annual Report 2023
c. Tofas Turk Otomobil Fabrikasi's Integrated Report 2022

Insights into Tofas Turk Otomobil Fabrikasi's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Tofas Turk Otomobil Fabrikasi amounted to 47,715 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Tofas Turk Otomobil Fabrikasi decreased by 35.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Tofas Turk Otomobil Fabrikasi's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-8%+20%-25%-7%-40%
  • Total Scope 1
  • Year-over-Year Change

What are Tofas Turk Otomobil Fabrikasi's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Tofas Turk Otomobil Fabrikasi were 21,385 metric tons of CO₂ equivalent (tCO₂e).a

Has Tofas Turk Otomobil Fabrikasi reduced its Scope 1 emissions over time?

Since 2019, Tofas Turk Otomobil Fabrikasi's Scope 1 emissions have decreased by 53.78%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Tofas Turk Otomobil Fabrikasi's Scope 1 emissions decreased by 40.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Tofas Turk Otomobil Fabrikasi's Scope 2 emissions?

In 2024, Tofas Turk Otomobil Fabrikasi reported Scope 2 greenhouse gas (GHG) emissions of 26,330 tCO₂e without specifying the calculation method.a

Has Tofas Turk Otomobil Fabrikasi reduced its Scope 2 emissions over time?

Since 2019, Tofas Turk Otomobil Fabrikasi's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 50.55%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Tofas Turk Otomobil Fabrikasi's Scope 2 emissions (Unspecified Calculation Method) fell by 31.61% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Tofas Turk Otomobil Fabrikasi use for Scope 2 reporting?

In 2024, Tofas Turk Otomobil Fabrikasi reported its Scope 2 emissions using an unspecified methodology.a

Tofas Turk Otomobil Fabrikasi's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tofas Turk Otomobil Fabrikasi's Value Chain Emissions

In 2024, Tofas Turk Otomobil Fabrikasi reported 3,400,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Tofas Turk Otomobil Fabrikasi includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Tofas Turk Otomobil Fabrikasi's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e-3%+3%+10%-17%-43%
  • Total Scope 3
  • Year-over-Year Change

What are Tofas Turk Otomobil Fabrikasi's Scope 3 emissions?

In 2024, Tofas Turk Otomobil Fabrikasi reported total Scope 3 emissions of 3,400,000 metric tons of CO₂ equivalent (tCO₂e).a

Has Tofas Turk Otomobil Fabrikasi reduced its Scope 3 emissions over time?

Since 2019, Tofas Turk Otomobil Fabrikasi's Scope 3 emissions have decreased by 47.38%, reflecting a declining long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Tofas Turk Otomobil Fabrikasi's Scope 3 emissions decreased by 42.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into Tofas Turk Otomobil Fabrikasi’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Tofas Turk Otomobil Fabrikasi reported Scope 1 greenhouse gas (GHG) emissions of 21,385 tCO₂e and total revenues of USD 3,651 millions. This translates into an emissions intensity of 5.86 tCO₂e per millions USD.a

Tofas Turk Otomobil Fabrikasi's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00010,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)Toyota MotorYear: 2024Scope 1: 2,480,000 tCO2eRevenue: $M 297,776Scope 1 Intensity: 8.33 tCO2e/$MTeslaYear: 2024Scope 1: 302,000 tCO2eRevenue: $M 97,690Scope 1 Intensity: 3.09 tCO2e/$MFoxtron Vehicle TechnologiesYear: 2024Scope 1: 252 tCO2eRevenue: $M 260Scope 1 Intensity: 0.97 tCO2e/$MOla Electric MobilityYear: 2025Scope 1: 1,332 tCO2eRevenue: $M 528Scope 1 Intensity: 2.52 tCO2e/$MPolestar Automotive HoldingYear: 2024Scope 1: 48 tCO2eRevenue: $M 2,034Scope 1 Intensity: 0.02 tCO2e/$MBAIC MotorYear: 2024Scope 1: 168,636 tCO2eRevenue: $M 26,376Scope 1 Intensity: 6.39 tCO2e/$MAima Technology GroupYear: 2024Scope 1: 11,421 tCO2eRevenue: $M 2,961Scope 1 Intensity: 3.86 tCO2e/$MMitsubishi MotorsYear: 2024Scope 1: 85,000 tCO2eRevenue: $M 18,421Scope 1 Intensity: 4.61 tCO2e/$MSime DarbyYear: 2025Scope 1: 43,000 tCO2eRevenue: $M 16,642Scope 1 Intensity: 2.58 tCO2e/$MMazda MotorYear: 2025Scope 1: 119,000 tCO2eRevenue: $M 33,467Scope 1 Intensity: 3.56 tCO2e/$MZEEKR Intelligent Technology HoldingYear: 2024Scope 1: 24,843 tCO2eRevenue: $M 1,460Scope 1 Intensity: 17.01 tCO2e/$MGuangzhou Automobile GroupYear: 2024Scope 1: 159,201 tCO2eRevenue: $M 14,769Scope 1 Intensity: 10.78 tCO2e/$MZhejiang Leapmotor TechnologyYear: 2024Scope 1: 16,467 tCO2eRevenue: $M 4,407Scope 1 Intensity: 3.74 tCO2e/$MHero MotoCorpYear: 2025Scope 1: 19,938 tCO2eRevenue: $M 4,765Scope 1 Intensity: 4.18 tCO2e/$MHyundai Motor IndiaYear: 2025Scope 1: 28,275 tCO2eRevenue: $M 7,952Scope 1 Intensity: 3.56 tCO2e/$MTVS MotorYear: 2025Scope 1: 20,441 tCO2eRevenue: $M 5,160Scope 1 Intensity: 3.96 tCO2e/$MRivian AutomotiveYear: 2024Scope 1: 32,082 tCO2eRevenue: $M 4,970Scope 1 Intensity: 6.46 tCO2e/$MXpengYear: 2024Scope 1: 27,873 tCO2eRevenue: $M 5,600Scope 1 Intensity: 4.98 tCO2e/$MBajaj AutoYear: 2025Scope 1: 23,385 tCO2eRevenue: $M 5,766Scope 1 Intensity: 4.06 tCO2e/$MFerrariYear: 2025Scope 1: 38,618 tCO2eRevenue: $M 8,401Scope 1 Intensity: 4.60 tCO2e/$MBeiqi Foton MotorYear: 2024Scope 1: 47,047 tCO2eRevenue: $M 6,536Scope 1 Intensity: 7.20 tCO2e/$MYadea Group HoldingsYear: 2024Scope 1: 6,091 tCO2eRevenue: $M 3,869Scope 1 Intensity: 1.57 tCO2e/$MOtokarYear: 2024Scope 1: 14,781 tCO2eRevenue: $M 1,247Scope 1 Intensity: 11.85 tCO2e/$MFord Otomotiv SanayiYear: 2024Scope 1: 129,507 tCO2eRevenue: $M 22,021Scope 1 Intensity: 5.88 tCO2e/$MTofas Turk Otomobil FabrikasiYear: 2024Scope 1: 21,385 tCO2eRevenue: $M 3,651Scope 1 Intensity: 5.86 tCO2e/$M

How does Tofas Turk Otomobil Fabrikasi's GHG emissions intensity compare to its peers?

In 2024, Tofas Turk Otomobil Fabrikasi reported a Scope 1 emissions intensity of 5.86 tCO₂e per millions USD. Compared to the peer group median of 4.12, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Tofas Turk Otomobil Fabrikasi rank on GHG emissions intensity within its industry?

In 2024, Tofas Turk Otomobil Fabrikasi ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Tofas Turk Otomobil Fabrikasi is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Tofas Turk Otomobil Fabrikasi's Total Carbon Footprint

In 2024, Tofas Turk Otomobil Fabrikasi reported a total carbon footprint of 3,447,715 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 42.67% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Tofas Turk Otomobil Fabrikasi's total carbon footprint was Scope 3 emissions, accounting for 98.62% of the company's total carbon footprint, followed by Scope 2 emissions at 0.76%.a

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