Toyota Is Named One of the World’s Greenest Companies by Newsweek

Newsweek moves Toyota into the upper fold of green-ranked companies in its most recent list.
 
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2015 Toyota Prius
2015 Toyota Prius
BURNS HARBOR, Ind. - June 16, 2015 - PRLog -- Though car companies don’t usually occupy many green and eco-friendly lists, Toyota is nonetheless squarely on Newsweek’s green ranking. Having jumped 57 spots on the list this year, Toyota has moved into position ahead of famous and highly-regarded brands like Microsoft, Google, Nike, and Coke. It now occupies the #35 spot in the Global 500, and sits at #2 in the automobile category.

Newsweek’s list uses eight metrics to measure environmental performance of companies. They are each scored against their competitors in their own industries on each category to measure both consumption and output. The waste levels, energy consumption, water usage, and other factors all contribute to the results.

Toyota has redoubled their efforts in recent years to become a much more green company. From their research in alternative energies and fuel cell technology to their high quality hybrid vehicles, the product line has been shifting in an energy-efficient direction. Vehicles like the 2015 Toyota Prius represent the future not just of Toyota, but of all automakers. Toyota finds itself at the forefront of developing many energy efficient technologies utilized in automobile technology.

The other front that earned Toyota its top spot is its development of fuel cell vehicles. The prototype hydrogen fuel cell vehicle, the Mirai, emits only water vapor when it runs. All told, Toyota’s green initiatives preserved more than 93 million gallons of water just in North America alone this past year. Plus, energy use in its North American manufacturing plants was reduced by 22%. And the Toyota Financial Services department issued Asset-Backed Green Bonds that were used to finance close to 40,000 green vehicles, the first of their kind in the industry.

Jim Lentz, the CEO of Toyota Motor North America, spoke about the Newsweek placement. He remarked on the pride Toyota takes in being named a top green company, and that the brand is continually seeking to contribute to the future of sustainability.

For more information on Toyota, green vehicles, and the future of energy, interested parties are encourage to contact Lake Shore Toyota today.

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