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.
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.
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.
Toyobo's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Toyobo reported total greenhouse gas emissions of approximately 5,499,000,000 kg CO2e globally, with Scope 1 emissions at about 659,000,000 kg CO2e, Scope 2 emissions at around 172,000,000 kg CO2e, and Scope 3 emissions reaching approximately 3,052,000,000 kg CO2e. This marked a significant increase in emissions compared to previous years. Toyobo has set ambitious climate commitments, aiming for net-zero emissions by 2050. The company has also committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 27% by FY2031, using FY2021 as the baseline. Additionally, Toyobo plans to cut Scope 3 emissions from purchased goods and services and the use of sold products by 12.5% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect Toyobo's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.