Editorial Policy
We have used some parts of the GRI Standards (published in 2016 or 2018 and 2021), established by the Global Reporting Initiative (GRI), as a reference to determine the content and quality of this report. We have also determined the report content and topic boundaries by considering such factors as the organization’s activities and their impact, as well as substantive expectations and interests of stakeholders.
In particular, items that represent the Group’s significant impacts on the economy, environment and society, and that may have a substantial influence on stakeholders’ evaluations and decision-making, have been positioned as material issues in this report.
Reporting Principles
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Report Summary
We have defined the report content and topic boundaries by considering such factors as the organization’s activities and their impact, as well as substantive expectations and interest of stakeholders.
Report content
Reported herein are the Toyo Tire Group's material issues for sustainability and achievements by our Group companies in Japan and abroad during fiscal 2023. Given the expectations and interests of stakeholders, we hereby report mainly on our initiatives to address material issues that have significant impacts on the economy, the environment and society, and that may have a substantive influence on stakeholders’ evaluations and decision-making.
In 2019, Toyo Tire Corporation announced is support for the United Nations Global Compact (UNGC). As a signatory company, we submit a report every year outlining the status of our initiatives and results with regard to the Ten Principles that companies should follow in the four sections of human rights, labor, environment, and anti-corruption.
Topic Boundaries
In consideration of organizational governance, this report covers Toyo Tire Corporation and Toyo Tire Group companies (affiliated companies excluding equity-method affiliates) among the entities included in the consolidated financial statements.
Organization names in this report: Toyo Tire Corporation is referred to as “Toyo Tire Corporation” or “the Company”, while the entire Group is referred to as “the Toyo Tire Group,” or “the Group.”
- * Please refer to the Financial Results for the entities that are covered in the consolidated financial reports.
Group companies: 36 consolidated subsidiaries as of the end of December 2023
| Japan: | Fukushima Rubber Co., Ltd., Ayabe Toyo Rubber Co., Ltd., Toyo Tires Logistics Co., Ltd., Toyo Tire Japan Co., Ltd., Toyo Chemical Industrial Products Co., Ltd., Showa Estate Co., Ltd., Orient Machinery Co., Ltd. |
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| Americas: | TTHA Group (TOYO TIRE HOLDINGS OF AMERICAS INC., TOYO TIRE U.S.A. CORP., NITTO TIRE U.S.A. CORP., TOYO TIRE NORTH AMERICA OE SALES LLC, TOYO TIRE NORTH AMERICA MANUFACTURING INC., TOYO AUTOMOTIVE PARTS (USA), INC.), TOYO TIRE CANADA INC., NT MEXICO S. DE R.L. DE C.V., TOYO AUTOMOTIVE PARTS DE MEXICO, S.A. DE C.V. |
| Europe: | TTHE Group (TOYO TIRE HOLDINGS OF EURIPE GMBH, TOYO TIRE DEUTSCHLAND GMBH、TOYO TYRE (UK) LTD., TOYO TIRE BENELUX B.V., TOYO TIRE ITALIA S.P.A, TOYO TIRE RUS LLC, TOYO TIRE SERBIA D.O.O. |
| Asia/Oceania: | TOYO TYRE AUSTRALIA PTY LTD, SILVERSTONE BERHAD, SILVERSTONE MARKETING SDN BHD,SILVERSTONE POLYMER INDUSTRIES SDN BHD,TOYO TYRE MALAYSIA SDN BHD,TOYO TYRE SALES AND MARKETING MALAYSIA SDN BHD,TOYO RUBBER CHEMICAL PRODUCTS (THAILAND) LIMITED,TOYO TIRE (THAILAND) CO., LTD., TOYO TIRE (SHANGHAI) CO., LTD., TOYO TIRE ZHANGJIAGANG CO., LTD., TOYO TIRE (ZHUCHENG) CO., LTD., Toyo Automotive Parts (Guangzhou) Co., Ltd. |
Reporting period
From January 2023 to December 2023
- * Including some information outside the period.
Reporting Cycle
Once a year
- * Previous Publish: August 2023
Approval by the governance body
Approved by Sustainability Committee in July 2024
Contact us
Toyo Tire Corporation
ESG Promotion Dept., Corporate Infrastructure Division
Sustainability
- Message from the President
- TOYO TIRE Value creation
- TOYO TIRE Sustainability
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TOYO TIRE Materiality
- Help create a society of sustainable mobility / Support the enjoyment of mobility for all
- Support diverse talent with motivating challenges and job satisfaction
- Continue innovating next-generation mobility technology
- Pursue decarbonization in all corporate activities
- Promote supply chain sustainability
- Ensure the fundamentals of manufacturing: quality and safety
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ESG Activities
- E: Environment
- S: Upholding human rights
- S: Managing occupational health and safety to global standards
- S: Crisis management (responding resiliently to natural disasters, infections and other crises)
- S: Working with local communities (Helping solve local issues)
- G: Sound governance
- G: Compliance
- G: Risk management
- G: Information security
- G: Promoting digital transformation (borderless and centralized business management through ERP reform)
- External Recognition
- Report Library
- ESG Data
- ESG Data/Survey Index
- GRI Content Index
- Communication on Progress (CoP) Index
- Editorial Policy
