Newsweek has released their annual ranking of the world's greenest companies and we're privileged to announce that Toyota has made the coveted list, ranking #35 in the Global 500 and #2 in automotive. The Japanese carmaker jumped 57 spots this year due to their continuous eco-friendly efforts and focus on sustainability.
Toyota's commitment to "green" practices allowed the company to surpass many prestigious brands on Newsweek's latest compilation, including Google, Microsoft and Nike. Across their North American plants, they have reduced total energy use by 35 percent per vehicle produced and have exceeded in attaining a 40 percent decrease in CO2 emissions. The company's initiatives, which began in 2002, have also allowed them to save close to $600 million in cost savings throughout their 14 North American facilities. Toyota plans to launch more sustainable practices in the future and is humbled by their inclusion on Newsweek's annual green list.
"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."
