Toyota has been rated the world’s greenest carmaker and among the environmental leaders of the largest publicly traded companies, according to a global environmental performance assessment commissioned by Newsweek magazine.
The “Best in Industry Global” award in the vehicles category of the Newsweek Green Rankings recognizes Toyota’s track record of environmental sustainability, and its eco-sensitive hybrid and fuel-cell vehicles. Toyota was ranked 16th among the world’s 500 largest publicly traded companies – the Global 500 – ahead of respected organisations such as Apple, Starbucks and Nike.
An improved green score for Toyota this year reflects the company’s on-going commitment to green initiatives. The annual Newsweek Green Rankings evaluate the world’s largest publicly traded companies, using eight metrics to measure environmental performance. Companies are scored against their industry peers on each metric, including energy, water and waste levels.
Toyota’s green strategies are also well enshrined in the organisation’s Environmental Challenge 2050. To go beyond zero environmental impact and achieve a net positive impact, Toyota has set itself six goals or challenges – whether in climate change or resource and water recycling – to demonstrate its commitment to continuing towards 2050 with initiatives that will realise sustainable development together with society.
The six goals for 2050 include reducing carbon emissions by 90% from new vehicles compared with 2010; eliminating carbon emissions in the manufacturing, disposing of and recycling of vehicles; achieving zero carbon emissions at all plants; reducing the amount of water in the manufacturing process; establishing a recycling-based society and systems as well as establishing a future society in harmony with nature.
Toyota offers more hybrid vehicles than any other carmaker. Since launching the world’s first mass produced hybrid – the Prius – in 1997, Toyota has sold more than 10 million hybrids in 80 countries around the world.