Toyo Tire Corp

Common Name

Toyo Tire

Country

Japan

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

10,410

Ticker

5105

Exchange

TOKYO STOCK EXCHANGE

Website

www.toyotires.co.jp

Description

Toyo Tire Corporation, a prominent entity in the automotive industry, primarily focuses on the manufacture and sale of high-quality tires for a wide array of vehicles. The company's product line inclu... Show more

Toyo Tire's GHG Emissions Data Preview

In 2023, Toyo Tire 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, Toyo Tire has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Unspecified Calculation Method Indirect emissions from purchased energy where the company did not specify a location-based or market-based accounting method.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

This table provides a simplified preview of selected GHG emissions 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 Toyo Tire's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Toyo Tire amounted to 555,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Toyo Tire increased by 6.96%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Toyo Tire's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Toyo Tire's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Toyo Tire were 274,500 metric tons of CO₂ equivalent (tCO₂e).

Has Toyo Tire reduced its Scope 1 emissions over time?

Since 2018, Toyo Tire's Scope 1 emissions have decreased by 12.38%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Toyo Tire's Scope 1 emissions increased by 3.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Toyo Tire's Scope 2 emissions?

In 2023, Toyo Tire reported Scope 2 greenhouse gas (GHG) emissions of 105,800 tCO₂e using the market-based method, and 280,500 tCO₂e using the location-based method.

Has Toyo Tire reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Toyo Tire's Scope 2 emissions (Location-Based) rose by 10.61% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Toyo Tire use for Scope 2 reporting?

In 2023, Toyo Tire reported its Scope 2 emissions using the market-based method and using the location-based method.

Toyo Tire's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based
Total Scope 2 (Unspecified Calculation Method)

Insights into Toyo Tire's Value Chain Emissions

In 2023, Toyo Tire reported 16,388,700 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Toyo Tire includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Toyo Tire's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are Toyo Tire's Scope 3 emissions?

In 2023, Toyo Tire reported total Scope 3 emissions of 16,388,700 metric tons of CO₂ equivalent (tCO₂e).

Compared to the previous year (2022), Toyo Tire's Scope 3 emissions increased by 25.88%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Toyo Tire's Total Carbon Footprint

In 2023, Toyo Tire reported a total carbon footprint of 16,943,700 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.15% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Toyo Tire's total carbon footprint was Scope 3 emissions, accounting for 96.72% of the company's total carbon footprint, followed by Scope 2 emissions at 1.66%.

Explore Peer Companies