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 68 is higher than 100% 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 2023, Toyobo reported total carbon emissions of approximately 5,499,000,000 kg CO2e, with Scope 1 emissions at about 659,000,000 kg CO2e, Scope 2 emissions at approximately 172,000,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 5,290,000,000 kg CO2e. This indicates a continued reliance on indirect emissions, particularly from the use of sold products and purchased goods and services. Toyobo has set ambitious climate commitments, aiming for a reduction of at least 46% in Scope 1 and Scope 2 emissions by fiscal 2031, compared to fiscal 2014 levels. Additionally, the company has committed to achieving net zero emissions for Scope 1 and Scope 2 by fiscal 2051. For Scope 3 emissions, Toyobo aims to reduce these by 12.5% by fiscal 2031 from a 2021 baseline. These targets align with industry standards and reflect Toyobo's commitment to addressing climate change and contributing to a decarbonised society. The company's proactive approach includes setting science-based targets, demonstrating a clear pathway towards significant emissions reductions in the coming years.
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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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
