Toyo Tire Corp.
Industry Group: Auto Components
Country/Region: Japan
Identifier: TKS:5105
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 76 out of 241
Universe
Global Universe 2608 out of 15035
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
CEAT Ltd. |
14
Low
|
40 out of 241 |
Goodyear Tire & Rubber Co. |
15.8
Low
|
61 out of 241 |
Toyo Tire Corp. |
16.7
Low
|
76 out of 241 |
Sumitomo Rubber Industries, Ltd. |
17.8
Low
|
96 out of 241 |
Triangle Tyre Co., Ltd. |
21.5
Medium
|
141 out of 241 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Toyo Tire Corp.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Toyo Tire Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Toyo Tire Corp.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Toyo Tire Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level