Toray Sustainability Profile
Toray Industries, Inc., commonly known as Toray, is a leading multinational corporation headquartered in Japan. Established in 1926, the company has evolved into a key player in the advanced materials and chemicals industry, with significant operations across Asia, Europe, and the Americas. Specialising in a diverse range of sectors, Toray focuses on the production of fibres and textiles, plastics, chemicals, and carbon fibre composites. Its innovative approach to manufacturing high-performance materials has positioned Toray as a pioneer in sustainable solutions, particularly in the aerospace and automotive industries. With a commitment to research and development, Toray has achieved numerous milestones, including advancements in water treatment technologies and lightweight materials. The company’s dedication to quality and innovation has solidified its market position, making it a trusted name in the global materials sector.
DitchCarbon Score
How does Toray'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 Chemicals 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
Toray's score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toray's reported carbon emissions
In 2024, Toray Industries, headquartered in Japan, reported total greenhouse gas emissions of approximately 19.1 million kg CO2e, comprising 33 million kg CO2e from Scope 1 and 159 million kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming for carbon neutrality by 2050 for its Scope 1 and Scope 2 emissions. Additionally, Toray plans to achieve a 7% reduction in absolute Scope 1 emissions by 2030 compared to 2013 levels. For the global context, in 2023, Toray's total emissions reached approximately 20.1 million kg CO2e, with Scope 1 emissions at 2.5 billion kg CO2e, Scope 2 at 2.5 billion kg CO2e, and Scope 3 emissions at 17.6 billion kg CO2e. The company is also targeting a 50% reduction in Scope 1 and Scope 2 emissions per unit of sales by 2031, using 2014 as a baseline. Toray's climate strategy is supported by its commitment to the Science Based Targets initiative (SBTi) and other sustainability frameworks, reflecting its dedication to reducing its carbon footprint and enhancing environmental performance across its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,310,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,325,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 744,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Toray's Industry?
How Carbon Intensive is Toray's Location?
Toray's Scope 3 Categories Breakdown
Toray's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 78% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 52% of Scope 3 emissions.
Top Scope 3 Categories
Toray's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Toray has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
