Toyota Motor Corp
Automobiles & Auto Parts
Company Summary
Toyota Motor Corporation, a global leader in automobile manufacturing, has made significant strides in environmental sustainability, especially through its development of hybrid vehicles and commitment to producing zero-emission cars. Toyota’s ESG rating is supported by its ambitious targets for carbon neutrality and its investments in hydrogen fuel cell technology. However, the company has faced criticism for its slower transition to electric vehicles (EVs) compared to some competitors, which has affected its overall ESG score. Additionally, Toyota’s reliance on fossil fuel-based vehicles in certain markets continues to raise concerns about its carbon footprint. Despite these challenges, Toyota remains committed to sustainable mobility and reducing its environmental impact. For more insights, refer to the Toyota ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Toyota is Average among 67 companies in the automobiles industry.
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FAQ
What is Toyota's ESG score?
Toyota holds an ESG score of 68 according to Sustainalytics, reflecting its leadership in hybrid technology and efforts to reduce vehicle emissions. While it excels in environmental practices, it faces challenges due to its continued reliance on combustion engines.
How does Toyota address environmental sustainability?
Toyota is focused on reducing emissions and improving fuel efficiency across its vehicle lineup. The company aims for 50% of its vehicle sales to be zero-emission by 2030 and continues to invest heavily in hydrogen-powered vehicles, alongside advancing hybrid and electric technologies.
What social responsibility initiatives does Toyota have?
Toyota is committed to various community development initiatives, including education programs, disaster relief, and promoting workforce diversity. The company also supports sustainability through its Toyota Environmental Challenge 2050, focusing on a more inclusive workforce and environmental stewardship.