The push for carbon neutrality is a matter of urgency if cars are to remain a necessary part of society.
TOYOTA believes that its mobility business can exist in harmony with the planet and should entail a strong commitment and actions to manage its impact today and beyond.
2023 proves to be another breakthrough year, charting TOYOTA’s immediate steps to engage its stakeholders in sustainable mobility. Toyota Motor Philippines Corporation’s (TMP) electrified vehicle line-up saw further expansion with the introduction of several completely new Hybrid Electric Vehicle models, as well as its inaugural Battery Electric Vehicle model to the Philippine market. Closing on a high note was the manufacturing plant’s successful shift to renewable energy at a 100% ratio.
TOYOTA will not do it alone nor leave anyone behind in its journey to decarbonization. The track is open for everyone to take responsibility and co-create a livable future for the next generations.
This Sustainability Report details TMP's dedication to promoting sustainable growth, not just for the company, but for society as a whole.
The report is thoughtfully divided into four main sections: Promoting Sustainability, Environmental Performance, Social Performance, and Economic Performance. This structure allows for transparent disclosure of the company’s sustainability management approaches and initiatives.
MESSAGE FROM THE TMP PRESIDENT
Dear Stakeholders,
I am humbled to be appointed as the new president of TMP, a company that has pursued vibrant value-creation goals throughout its 35 sterling years of business.
Toyota’s impact in the Philippines has expanded to an impressive scale, generating growth and creating opportunities beyond the traditional domain of automotive manufacturing and distribution. In fact, TMP has transformed into a leading mobility company that aims to enhance life in society.
The over one million vehicles proudly produced at our manufacturing plant speak of TMP’s workforce and local parts suppliers’ capabilities, which have been built over time through industry cooperation. TMP has been working closely with the Philippine government to continuously advance the local manufacturing industry, supporting jobs, transferring technologies, and fostering dynamic social development.
MESSAGE FROM THE TMP PRESIDENT
Dear Stakeholders,
I am humbled to be appointed as the new president of TMP, a company that has pursued vibrant value-creation goals throughout its 35 sterling years of business.
Toyota’s impact in the Philippines has expanded to an impressive scale, generating growth and creating opportunities beyond the traditional domain of automotive manufacturing and distribution. In fact, TMP has transformed into a leading mobility company that aims to enhance life in society.
The over one million vehicles proudly produced at our manufacturing plant speak of TMP’s workforce and local parts suppliers’ capabilities, which have been built over time through industry cooperation. TMP has been working closely with the Philippine government to continuously advance the local manufacturing industry, supporting jobs, transferring technologies, and fostering dynamic social development.
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