Toray Advanced Materials Korea Inc.
Toray Advanced Materials Korea Inc., a subsidiary of the global Toray Group, is headquartered in South Korea (KR) and operates extensively across Asia. Established in 2000, the company has made significant strides in the advanced materials industry, focusing on high-performance textiles, carbon fibre, and engineering plastics. Renowned for its innovative solutions, Toray Advanced Materials Korea offers unique products that cater to diverse sectors, including automotive, aerospace, and electronics. The company’s commitment to sustainability and cutting-edge technology has positioned it as a leader in the market, with notable achievements in developing eco-friendly materials. With a strong emphasis on research and development, Toray Advanced Materials Korea continues to enhance its product offerings, ensuring they meet the evolving needs of its global clientele.
DitchCarbon Score
How does Toray Advanced Materials Korea Inc.'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 Rubber and Plastic Products 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 Advanced Materials Korea Inc.'s score of 30 is higher than 63% 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 Advanced Materials Korea Inc.'s reported carbon emissions
In 2023, Toray Advanced Materials Korea Inc. reported total carbon emissions of approximately 707,496,000 kg CO2e, comprising 152,139,000 kg CO2e from Scope 1 and 555,363,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, when total emissions were about 715,888,000 kg CO2e, with Scope 1 emissions at 161,488,000 kg CO2e and Scope 2 emissions at 554,406,000 kg CO2e. In 2021, the company recorded total emissions of approximately 691,597,000 kg CO2e, with Scope 1 at 181,381,000 kg CO2e and Scope 2 at 510,222,000 kg CO2e. Despite these figures, Toray Advanced Materials Korea Inc. has not disclosed specific reduction targets or initiatives as part of its climate commitments. The company is a current subsidiary of Toray Industries, Inc., which may influence its climate strategies and reporting. Emissions data is cascaded from the parent company, Toray Industries, Inc., through a corporate family relationship, particularly in relation to CDP and CA100 initiatives. Overall, while the company has shown some fluctuations in emissions, it has yet to establish publicly available reduction targets or significant climate pledges.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 181,381,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 510,222,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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 Advanced Materials Korea Inc. is not participating in any 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.
