TOHO TITANIUM COMPANY LIMITED, headquartered in Japan, is a prominent player in the Other Business Services sector, specifically within the titanium industry. Established in 1950, the company has made significant strides in the production and supply of high-quality titanium products, catering to various industries including aerospace, automotive, and medical sectors.
With a strong operational presence in Japan and expanding international markets, TOHO TITANIUM is renowned for its innovative titanium alloys and advanced manufacturing techniques. The company’s commitment to quality and sustainability sets it apart, ensuring that its products meet the rigorous demands of modern applications. Recognised for its market leadership, TOHO TITANIUM continues to achieve notable milestones, solidifying its reputation as a trusted supplier in the global titanium market.
-2 vs industry average
TOHO TITANIUM COMPANY LIMITED’s score of 30 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
TOHO TITANIUM COMPANY LIMITED's reported carbon emissions
TOHO TITANIUM COMPANY LIMITED, headquartered in Japan and operating in the 'Other business services (74)' industry, has disclosed its carbon emissions and climate commitments.
For the year 2023, the company reported total emissions of approximately 553 million kg CO2e. This total comprises Scope 1 emissions of about 144 million kg CO2e, Scope 2 emissions of approximately 58 million kg CO2e, and Scope 3 emissions of roughly 351 million kg CO2e.
In 2022, TOHO TITANIUM COMPANY LIMITED's total emissions were approximately 575 million kg CO2e. This included Scope 1 emissions of about 6 million kg CO2e, Scope 2 emissions of approximately 202 million kg CO2e, and Scope 3 emissions of roughly 367 million kg CO2e.
Looking at prior years, emissions in 2021 stood at approximately 512 million kg CO2e (Scope 1: 6 million kg CO2e, Scope 2: 208 million kg CO2e, Scope 3: 298 million kg CO2e). In 2020, total emissions were about 182 million kg CO2e, consisting of Scope 1 emissions of approximately 70 million kg CO2e and Scope 2 emissions of around 112 million kg CO2e. Scope 3 emissions were not disclosed for 2020.
For 2019, the company reported total emissions of approximately 225 million kg CO2e, with Scope 1 emissions at about 43 million kg CO2e and Scope 2 emissions at roughly 182 million kg CO2e. Scope 3 emissions were not disclosed for 2019. In 2018, total emissions were approximately 257 million kg CO2e, with Scope 1 emissions around 32 million kg CO2e and Scope 2 emissions approximately 225 million kg CO2e. Scope 3 emissions were not disclosed for 2018.
TOHO TITANIUM COMPANY LIMITED has set a target to reduce CO2 emissions by 40% by 2030 compared to 2018 levels for both Scope 1 and Scope 2 emissions. The company also aims to achieve carbon neutrality by 2050.
It is noted that TOHO TITANIUM COMPANY LIMITED is a current subsidiary, and some data, including climate initiatives, are cascaded from ENEOS Holdings, Inc. Their performance data is inherited from Toho Titanium Co., Ltd.
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TOHO TITANIUM COMPANY LIMITED’s Climate Goals (2030 & 2050)
2 goals2030
40% reduction in Scope 2
2030年にCO2排出量を2018年比で40％削減し、2050年にカーボンニュートラル達成
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Inherited from ENEOS Holdings, Inc.Emissions comparison with industry peers
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TOHO TITANIUM COMPANY LIMITED
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