Toyota Moves up 57 Spots from Last Year
PLANO, Texas (June 4, 2015) – Newsweek has named a car company as one of the world’s greenest companies, ahead of highly-regarded brands like Microsoft, Google, Nike and Coke. Toyota moved up 57 spots in Newsweek’s annual green ranking to #35 in the Global 500 and #2 in autos.
Newsweek in partnership with Corporate Knights Capital and HIP Investor evaluated the world's largest publicly-traded companies, using eight metrics to measure environmental performance. Companies were scored against their industry peers on each metric, including energy, water and waste levels.
“We are proud to be recognized as one of the world’s greenest companies,” said Jim Lentz, Toyota Motor North America chief executive officer. “Through continuous improvement, our global teams have made great strides in reducing our environmental impact. From hybrids to fuel cells, Toyota is at the forefront of developing energy efficient technologies. We are deeply committed to contributing to the environment, our communities, and to leading the future of sustainable mobility.”
The world’s largest automaker is being recognized for its commitment to sustainable practices and its efforts to develop green vehicles, including the Mirai hydrogen fuel cell vehicle, which emits only water vapor. Toyota’s green initiatives saved over 93 million gallons of water in North America and reduced energy use by 22% in Toyota’s North American manufacturing plants. And Toyota Financial Services issued the auto industry’s first-ever Asset-Backed Green Bond to finance the purchase of almost 40,000 green vehicles.
The full Newsweek Green Rankings list is available now on Newsweek’s website at http://www.newsweek.com/green-2015 and on newsstands June 5.
Toyota (NYSE:TM), the world's top automaker and creator of the Prius and the Mirai fuel cell vehicle, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we’ve built more than 25 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 42,000 people (more than 33,000 in the U.S.). Our 1,800 North American dealerships (1,500 in the U.S.) sold more than 2.67 million cars and trucks (more than 2.35 million in the U.S.) in 2014 – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.
Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment. As part of this commitment, we share the company’s extensive know-how garnered from building great cars and trucks to help community organizations and other nonprofits expand their ability to do good. For more information about Toyota, visit www.toyotanewsroom.com.
Toyota Advanced Technology Communications