TOWA Corporation
TOWA Corporation, a leading name in the semiconductor and electronics industry, is headquartered in Japan (JP) and operates extensively across Asia and beyond. Founded in 1950, TOWA has established itself as a pioneer in the development of advanced packaging solutions and semiconductor manufacturing equipment, marking significant milestones in innovation and technology. The company’s core offerings include precision moulding systems and automated packaging solutions, which are distinguished by their high efficiency and reliability. TOWA's commitment to quality and cutting-edge technology has positioned it as a key player in the global market, earning recognition for its contributions to the semiconductor sector. With a strong focus on research and development, TOWA Corporation continues to drive advancements that meet the evolving needs of its clients worldwide.
DitchCarbon Score
How does TOWA Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
TOWA Corporation's score of 39 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TOWA Corporation's reported carbon emissions
In 2023, TOWA Corporation reported total carbon emissions of approximately 197,000,000 kg CO2e, comprising 12,704,000 kg CO2e from Scope 1, 3,618,000 kg CO2e from Scope 2, and a significant 181,010,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions include major contributions from the use of sold products (about 125,190,000 kg CO2e) and purchased goods and services (approximately 44,630,000 kg CO2e). TOWA Corporation has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also plans to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to tackling its overall carbon footprint. The emissions data for previous years shows a trend of significant emissions, with 16,074,000 kg CO2e in 2022 and 94,746,000 kg CO2e in 2021 for Scope 3 emissions, indicating the scale of the challenge ahead. TOWA Corporation's commitment to sustainability is further underscored by its proactive stance in addressing emissions across all scopes, particularly in the context of its operations in the electrical equipment and machinery sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 30,098,000 | 000,000 | 00,000,000 |
| Scope 2 | 43,180,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 947,466,000 | 0,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
TOWA Corporation is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
