Toyobo
Toyobo Co., Ltd., a prominent player in the textile and chemical industries, is headquartered in Osaka, Japan. Founded in 1882, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Toyobo is renowned for its innovative solutions in areas such as advanced materials, biotechnology, and functional films. The company’s core products include high-performance fibres, packaging materials, and medical devices, distinguished by their quality and technological advancements. Toyobo's commitment to sustainability and research has positioned it as a leader in the market, achieving notable milestones in product development and environmental initiatives. With a strong focus on innovation, Toyobo continues to enhance its global presence and maintain its competitive edge in the ever-evolving industrial landscape.
DitchCarbon Score
How does Toyobo'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 Research Services 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
Toyobo's score of 67 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyobo's reported carbon emissions
In 2024, Toyobo reported total greenhouse gas emissions of approximately 6,000,000,000 kg CO2e, with emissions distributed across various scopes: 831,000,000 kg CO2e (Scope 1), 172,000,000 kg CO2e (Scope 2), and a significant 5,499,000,000 kg CO2e (Scope 3). The previous year, 2023, saw emissions of about 712,000,000 kg CO2e (Scope 1) and 182,000,000 kg CO2e (Scope 2), indicating a focus on reducing operational emissions. Toyobo has set ambitious climate commitments, aiming for net zero emissions for Scope 1 and Scope 2 by fiscal 2051. Additionally, they have established an intermediate target to reduce absolute Scope 1 and 2 emissions by 27% by FY2031 from a FY2021 baseline. For Scope 3 emissions, which include purchased goods and services as well as the use of sold products, Toyobo aims for a 12.5% reduction within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect Toyobo's commitment to addressing climate change through significant emission reductions. The company is actively working towards a decarbonised future, with a long-term vision to achieve net zero emissions by 2051.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 0,000,000,000 |
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.
Toyobo 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.
