Toyota Industries

Toyota Industries, based in Japan and operating in other land transportation services, is committed to reducing its carbon footprint. For the fiscal year 2025, the company reported a total of approximately 661,035,000 kg CO2e. This figure comprises Scope 1 emissions of approximately 333,465,000 kg CO2e, and Scope 2 emissions totalling approximately 517,632,000 kg CO2e (market-based). Scope 3 emissions were significantly higher, reaching approximately 44,304,553,000 kg CO2e, with the largest contributors being the use of sold products and purchased goods and services.

Looking at previous years, emissions for fiscal year 2023 were approximately 222,274,000 kg CO2e for Scope 1 and around 535,666,000 kg CO2e for Scope 2 (market-based), with Scope 3 totalling approximately 37,748,548,000 kg CO2e. In fiscal year 2022, Scope 1 emissions were approximately 234,543,000 kg CO2e, Scope 2 emissions (market-based) were around 522,378,000 kg CO2e, and Scope 3 emissions were approximately 35,555,821,000 kg CO2e.

Toyota Industries has set ambitious climate targets. They aim for a 42% reduction in absolute Scope 1 and 2 GHG emissions by fiscal year 2031, measured against a fiscal year 2022 baseline. Furthermore, they are targeting a 30% reduction in absolute Scope 3 GHG emissions from the use of sold products by fiscal year 2031, based on a fiscal year 2019 baseline. The company also has a longer-term vision to establish a zero CO2 emissions society on a global basis by 2050, aligning with the goals of the Paris Agreement. They have previously achieved their Sixth Plan targets, reducing total non-consolidated CO2 emissions by 10% and global emission volume per unit of production by 26% from the fiscal year 2006 level.