Toyota Industries
Toyota Industries is the auto manufacturer closest to reaching 2021 EU average fleet emissions targets - but is still exceeding it by 6.3 CO2g/km, resulting in potential fines of €6.4 billion. On top of these penalties, the manufacturer also stands to spend €86.7 billion - or 35% of its annual revenue - to offset the emissions resulting from model sales over the past year.
Of the manufacturer’s best-selling models, the Toyota Yaris was the most polluting with annual emissions of 11.3 billion kg/CO2, followed by the Lexus RX.
Cost to Offset
Toyota Industries - Top Models
Breaking down the best-selling models from each brand owned by Toyota Industries reveals a total carbon footprint of 11.7 billion kg/CO2, which would cost €1.76 billion to offset. Toyota Industries also produced one of the top ten most popular flagship models on the market last year - the Toyota Supra - which would cost the manufacturer a further €7.2 million to offset.
Toyota Industries
Best-Selling Model
Yaris
Number Sold
211,216
Carbon Footprint
11,363,420,800KG
Cost to Offset
€1,704,513,120
Lexus
Best-Selling Model
RX
Number Sold
6,805
Carbon Footprint
366,109,000KG
Cost to Offset
€54,916,350
Average Model Cost
Flagship Model
Toyota Industries
Supra
Number Sold
893
Carbon Footprint
48,043,400KG
Cost to Offset
€7,206,510
The Auto Emissions Report
The Auto Emissions Report created by NetBet Casino dissects industry studies and annual sales reports to reveal how far the ten best-selling auto manufacturers are from meeting 2021 EU carbon emission targets, and how much it would cost them to offset their carbon footprint over the past year.
The EU fleet-wide average emission target of 95 CO2g/km and fines of €95 per CO2g/km are as stipulated by EU legislation. All sales figures are from the latest year available and relate to the European market, or US if not available in the case of the Ram 1500. The following brands were excluded from the analysis due to insufficient sales data: Daihatsu and Abarth.
The average CO2 emissions for each brand is determined by Greenpeace. The cost to offset emissions relates to the mean cost of pulling CO2 from the atmosphere at €150 per tonne. The annual and lifetime running costs of flagship models are based on the emissions of each engine as stipulated by the manufacturers and are multiplied by 20,117 km per year for 12 years, based on the average lifespan of a new car.
Data is gathered from auto manufacturers' annual sales reports, manufacturer sites, EUROPA, transportenvironment.org, Greenpeace, CarSalesBase and Carbon Engineering’s study on pulling CO2 from the atmosphere.