Public Profile

TOWA Corporation

TOWA Corporation, a leading name in the semiconductor and electronics industry, is headquartered in Japan (JP) and operates extensively across Asia and beyond. Founded in 1950, TOWA has established itself as a pioneer in the development of advanced packaging solutions and semiconductor manufacturing equipment, marking significant milestones in innovation and technology. The company’s core offerings include precision moulding systems and automated packaging solutions, which are distinguished by their high efficiency and reliability. TOWA's commitment to quality and cutting-edge technology has positioned it as a key player in the global market, earning recognition for its contributions to the semiconductor sector. With a strong focus on research and development, TOWA Corporation continues to drive advancements that meet the evolving needs of its clients worldwide.

DitchCarbon Score

How does TOWA Corporation'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.

29

Industry Average

Mean score of companies in the Machinery and Equipment 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.

1

Industry Benchmark

TOWA Corporation's score of 29 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

TOWA Corporation's reported carbon emissions

In 2023, TOWA Corporation reported significant carbon emissions, totalling approximately 12704000 kg CO2e for Scope 1, 3618000 kg CO2e for Scope 2, and a staggering 181010000 kg CO2e for Scope 3 emissions. The Scope 3 emissions were primarily driven by the use of sold products, which accounted for about 125190000 kg CO2e, alongside substantial contributions from purchased goods and services at approximately 44630000 kg CO2e. TOWA Corporation has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. Additionally, TOWA plans to measure and address its Scope 3 emissions, indicating a comprehensive approach to its carbon footprint reduction strategy.

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2020202120222023
Scope 1
514,000
000,000
000,000
00,000,000
Scope 2
16,074,000
00,000,000
00,000,000
0,000,000
Scope 3
14,654,000
00,000,000
0,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. TOWA Corporation's primary industry is Machinery and equipment n.e.c. (29), which is medium 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. TOWA Corporation is headquartered in JP, which has a rank of low, indicating low grid carbon 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.

TOWA Corporation is committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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