Toyota
moved up 57 spots from the last year
Toyota, as a car company, took the
title of the greenest companies, ahead of highly respected brands like Google,
Nike, Coke and Microsoft. In an annual Newsweek estimation, Toyota moved up 57
spots to #35 in the Global 500 and #2 in autos.
Newsweek together with Corporate
Knights Capital and HIP Investor judged the largest publicity-traded
companies in the world using eight metrics to measure environmental performance.
They were scored against their industry peers on each metric, which includes
energy, water and spending 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.”
Toyota's commitment as the largest
automaker is being acknowledged for its tenable work and achievement in developing
green vehicles such as the Mirai hydrogen fuel cell vehicle, which discharges
only water vapor.
Toyota's green action saved over 93 million gallons
of water in North America and reduced energy use by 22% in Toyota’s North
American manufacturing plants. In addition to all of this, Toyota Financial
Services issued the auto industry’s first-ever Asset-Backed Green Bond to
finance the purchase of almost 40,000 green vehicles.
