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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.
+24 vs industry average
Toray’s score of 56 is higher than 68% 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, a Chemicals nec company headquartered in JP, reported total Scope 1, 2, and 3 emissions of approximately 19.1 billion kg CO2e in 2024. This includes around 267.4 million kg CO2e from Scope 1 emissions, approximately 2.5 billion kg CO2e from Scope 2 emissions (market-based), and about 16.4 billion kg CO2e from Scope 3 emissions.
In 2023, the company's total Scope 1, 2, and 3 emissions were approximately 22.5 billion kg CO2e, comprising around 2.5 billion kg CO2e in Scope 1, 2.5 billion kg CO2e in Scope 2, and 17.6 billion kg CO2e in Scope 3 emissions.
Toray has set several climate commitments:
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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