An analysis of the world's 500 largest publicly traded companies has seen Toyota ranked as the greenest automaker in the world for 2017, with the brand ranked number 16 overall.
The assessment conducted by Newsweek looks at areas including greenhouse gas emissions, waste output, water consumption, plus an organisation's boardroom efforts to tackle areas like sustainability and minimising environmental impacts.
The ratings are a reflection of the ways the companies themselves are operated and the resulting operations or production processes, not the environmental impact of the consumer goods produced (if any).
Toyota sits an number 16 on the list of companies, with cosmetics company L’Oreal ranked number one. By comparison L’Oreal was given an 89.9 percent rating while Toyota was rated 72 percent.
The next automaker on the list was Mercedes-Benz' parent-company, Daimler, at position 45 overall with a rating of 61.9 percent. The first Australian company to appear on the list is the Commonwealth Bank at position 51 (60.5 percent).
In 2016 Toyota held the 107th position on the list with BMW ranked as the top-rated automaker at position 29.
Despite the corporate-level focus of the study, Toyota Australia senior divisional manager sales and marketing Sean Hanley was keen to highlight the fuel efficiency of the brand’s hybrid products as symbolic of the rating.
“In Australia, we have been offering consumers our innovative hybrid vehicles since 2001 and we have already sold more than 80,000 of these fuel-efficient vehicles including Camry, Corolla and the Prius family," Hanley said.
"We are committed to expanding our portfolio in Australia to have at least eight hybrid vehicles in our range by the end of 2020.
"In addition, we have imported three Mirai fuel-cell sedans to educate consumers, government and other stakeholders about this future technology and to generate greater awareness of its benefits."
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