The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibousehas asked its parts suppliers to reduce carbon emissions, the company said on Wednesday.
Japan's largest carmaker, which plans to be carbon neutral by 2050, has also provided a target to suppliers to achieve carbon neutrality, a Toyota spokeswoman said. "Carbon neutrality is not something a company can achieve alone, so we asked our suppliers to work together towards achieving it," she said.Toyota will set an initial target for main auto parts suppliers to cut carbon emissions by 3% this year from the year before, it reported.
Toyota chief Akio Toyoda, in his capacity as head of the Japanese Automobile Manufacturers Association, said in April that Japan's auto industry can lead the country's push to achieve carbon neutrality.Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: Reuters - 🏆 2. / 97 Read more »