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Toray Industries, Inc., commonly known as Toray, is a leading player in the chemicals nec industry, headquartered in Japan. Founded in 1926, the company has established a strong global presence, with significant operations across Asia, Europe, and the Americas. Toray is renowned for its innovative products in sectors such as textiles, carbon fibre, and advanced materials, which are distinguished by their high performance and sustainability.
With a commitment to research and development, Toray has achieved numerous milestones, including advancements in water treatment technologies and lightweight composite materials for the aerospace industry. The company’s focus on eco-friendly solutions positions it as a market leader, contributing to a more sustainable future while maintaining a competitive edge in the global chemicals market.
+25 vs industry average
Toray’s score of 56 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Toray Industries, a chemicals company headquartered in Japan, reported a total of approximately 21.2 billion kg CO2e in Scope 1, 2, and 3 emissions for the fiscal year 2024. This total comprises approximately 267.39 million kg CO2e for Scope 1, and approximately 2.49 billion kg CO2e for Scope 2. Scope 3 emissions accounted for the largest portion, reaching approximately 16.37 billion kg CO2e.
The company has set a long-term goal to achieve carbon neutrality by 2050. This commitment extends to reducing its own greenhouse gas emissions (Scope 1 and Scope 2). Additionally, Toray aims for a 50% or greater reduction in global Scope 1 and 2 GHG emissions in production activities per unit of sales by 2031, using a 2014 baseline. Another near-term target includes a 12% reduction in greenhouse gas emissions per unit of sales revenue in production activities by 2030. For specific operations in Japan, Toray aims for a 7% reduction in the absolute volume of greenhouse emissions by fiscal year 2030, compared to the fiscal year 2013 level.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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