Toray

Toray's reported carbon emissions

Toray Industries, headquartered in Japan and operating within the chemicals sector, has set ambitious climate commitments. For the fiscal year 2024, the company reported a total of approximately 19.3 billion kg CO2e in greenhouse gas emissions. This figure encompasses Scope 1 emissions amounting to about 267 million kg CO2e, Scope 2 emissions totalling approximately 2.5 billion kg CO2e, and significant Scope 3 emissions estimated at about 16.4 billion kg CO2e. Looking at prior years, Toray Industries' emissions in fiscal year 2023 were approximately 25.0 billion kg CO2e, comprising Scope 1 emissions of around 2.5 billion kg CO2e, Scope 2 emissions of approximately 2.5 billion kg CO2e, and Scope 3 emissions of about 17.6 billion kg CO2e. In fiscal year 2022, total emissions were approximately 17.0 billion kg CO2e, with Scope 1 at roughly 2.5 billion kg CO2e, Scope 2 at about 2.4 billion kg CO2e, and Scope 3 at approximately 10.6 billion kg CO2e. Toray Industries is actively working towards climate neutrality, with a long-term goal of achieving carbon neutrality by 2050. In addition to this overarching commitment, the company has established several reduction targets. Specifically, Toray aims for a 7% reduction in the absolute volume of greenhouse gas emissions by fiscal year 2030, compared to the fiscal year 2013 level, for its operations in Japan. Furthermore, Toray Group is targeting a reduction of over 50% in global Scope 1 and Scope 2 greenhouse gas emissions per unit of sales in production activities by 2031, using a 2014 baseline. There is also a stated near-term goal for a 12% reduction in greenhouse gas emissions per unit of sales revenue in production activities by 2030.