Toyo Engineering Corporation Sustainability Profile
Toyo Engineering Corporation, often referred to as Toyo, is a prominent player in the engineering and construction industry, headquartered in Japan. Established in 1961, the company has made significant strides in various sectors, including oil and gas, petrochemicals, and power generation, with a strong operational presence across Asia, the Middle East, and beyond. Toyo is renowned for its comprehensive range of services, including project management, engineering design, and construction services, which are distinguished by their commitment to innovation and sustainability. The company has achieved notable milestones, such as the successful execution of large-scale projects that enhance its market position as a leader in the engineering sector. With a focus on delivering high-quality solutions, Toyo Engineering Corporation continues to set benchmarks in the industry, reflecting its dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Toyo Engineering 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.
Industry Average
Mean score of companies in the Construction Work 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
Toyo Engineering Corporation's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyo Engineering Corporation's reported carbon emissions
In 2023, Toyo Engineering Corporation reported total carbon emissions of approximately 15,015,000 kg CO2e, comprising 3,748,000 kg CO2e from Scope 1 and 11,267,000 kg CO2e from Scope 2. This marks a slight decrease from 2022, where total emissions were about 13,656,000 kg CO2e, with Scope 1 at 3,910,000 kg CO2e and Scope 2 at 9,746,000 kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions by 2050 across all scopes. Additionally, Toyo Engineering has established a near-term target of a 30% reduction in emissions by 2030 compared to 2021 levels, specifically focusing on Scope 1 and Scope 2 emissions. This commitment aligns with Japan's national goal of achieving carbon neutrality by 2050. The company’s emissions data is self-reported and does not include Scope 3 emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,224,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,801,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Toyo Engineering Corporation's Industry?
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Toyo Engineering Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Toyo Engineering Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
