Yokohama Rubber Co Ltd 2024 IR

The report outlines Yokohama Rubber's progress under its new medium-term management plan, Yokohama Transformation 2026 (YX2026), aiming for sustainable growth and a sales revenue target of ¥1.15 trillion by fiscal 2026. The company completed the integration of Trelleborg Wheel Systems (TWS) in 2023, significantly expanding its off-highway tire (OHT) business to become the third-largest player globally. In sustainability, Yokohama Rubber committed to reducing Scope 1 and 2 greenhouse gas emissions by 30% by 2026 and 40% by 2030 compared to 2019 levels, while targeting 28% sustainable raw material usage by 2026. Additionally, the company transitioned its governance structure to a Company with an Audit and Supervisory Committee to strengthen oversight.

Company: Yokohama Rubber Co Ltd

Sector: Consumer Discretionary

Country: Japan

Year: 2024

Type: IR

Pages: 154

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Yokohama Rubber Co Ltd

Yokohama Rubber Co Ltd 2024 Integrated Report

Integrated Report

The report outlines Yokohama Rubber's progress under its new medium-term management plan, Yokohama Transformation 2026 (YX2026), aiming for sustainable growth and a sales revenue target of ¥1.15 trillion by fiscal 2026. The company completed the integration of Trelleborg Wheel Systems (TWS) in 2023, significantly expanding its off-highway tire (OHT) business to become the third-largest player globally. In sustainability, Yokohama Rubber committed to reducing Scope 1 and 2 greenhouse gas emissions by 30% by 2026 and 40% by 2030 compared to 2019 levels, while targeting 28% sustainable raw material usage by 2026. Additionally, the company transitioned its governance structure to a Company with an Audit and Supervisory Committee to strengthen oversight.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Oct 1, 2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees