TOA Corporation

TOA Corporation: Carbon Emissions and Climate Commitments

TOA Corporation, headquartered in Japan, reported total greenhouse gas emissions of approximately 2.28 billion kg CO2e for the fiscal year 2021. This figure encompasses Scope 1, 2, and 3 emissions. Scope 1 emissions were approximately 111.4 million kg CO2e, Scope 2 emissions were about 4.3 million kg CO2e, and Scope 3 emissions accounted for the largest portion, at approximately 2.17 billion kg CO2e.

For the fiscal year 2020, TOA Corporation's total emissions were approximately 1.91 billion kg CO2e. This breakdown included Scope 1 emissions of about 128.6 million kg CO2e, Scope 2 emissions of approximately 5.2 million kg CO2e, and Scope 3 emissions of around 1.77 billion kg CO2e.

Climate Commitments and Targets:

TOA Corporation has set ambitious climate targets aligned with the Science Based Targets initiative (SBTi). The company commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 25% by fiscal year 2030, using fiscal year 2020 as the base year. Furthermore, TOA Corporation has pledged to reduce absolute Scope 3 greenhouse gas emissions, specifically from purchased goods and services and the use of sold products, by 25% within the same timeframe. These targets are classified as near-term and are considered consistent with reductions required to keep warming to well below 2°C.