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Chemicals
JP
updated a month ago

Toray

Company website

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.

48

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.

22

Industry Benchmark

Toray's score of 48 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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Toray's reported carbon emissions

In 2023, Toray Industries, headquartered in Japan, reported total greenhouse gas emissions of approximately 2,491,000,000 kg CO2e for Scope 1 and about 2,460,000,000 kg CO2e for Scope 2, resulting in a combined total of around 4,951,000,000 kg CO2e for these scopes. Additionally, Scope 3 emissions were reported at approximately 17,560,000,000 kg CO2e, highlighting the significant impact of upstream and downstream activities. Toray has set ambitious climate commitments, aiming for a 7% reduction in absolute Scope 1 emissions by fiscal 2030 compared to 2013 levels. Furthermore, the company is working towards achieving carbon neutrality by 2050, which excludes Scope 3 emissions. In terms of intensity targets, Toray aims for a reduction of over 50% in global Scope 1 and 2 GHG emissions per unit of sales by 2031, using 2014 as a baseline. These commitments reflect Toray's proactive approach to addressing climate change and reducing its carbon footprint across its operations. The company is focused on both absolute and intensity-based reductions, demonstrating a comprehensive strategy to mitigate its environmental impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
3,274,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
2,483,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
864,000,000
000,000,000
0,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Toray's primary industry is Chemicals nec, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Toray is in JP, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Toray is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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