Toyota Industries
Toyota Industries Corporation, headquartered in Japan, is a leading player in the manufacturing sector, primarily focusing on automotive components, materials handling equipment, and textile machinery. Established in 1926, the company has achieved significant milestones, including the development of innovative technologies that enhance efficiency and sustainability in its operations. With a strong presence in Asia, Europe, and North America, Toyota Industries is renowned for its core products, such as forklifts and automotive engines, which are distinguished by their reliability and advanced engineering. The company holds a prominent market position, consistently recognised for its commitment to quality and innovation. As a subsidiary of the Toyota Group, Toyota Industries continues to contribute to the global economy while upholding the values of excellence and customer satisfaction.
DitchCarbon Score
How does Toyota Industries'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 Electrical Machinery Manufacturing 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
Toyota Industries's score of 60 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyota Industries's reported carbon emissions
In 2024, Toyota Industries reported total carbon emissions of approximately 675,631,000 kg CO2e. This marks a decrease from 2023, when emissions were about 757,940,000 kg CO2e, comprising 222,274,000 kg CO2e from Scope 1, 535,666,000 kg CO2e from Scope 2, and a significant 37,748,548,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2031 from a 2022 baseline. Additionally, Toyota Industries is committed to a 30% reduction in Scope 3 emissions from the use of sold products by FY2031, compared to FY2019 levels. Historically, the company achieved a 10% reduction in total non-consolidated CO2 emissions and a 26% reduction in global emission volume per unit of production from fiscal 2006 levels by 2021. Looking ahead, Toyota Industries aims for a long-term goal of establishing a zero CO2 emissions society by 2050, as outlined in its Environmental Vision 2050. These initiatives reflect the company's commitment to sustainability and reducing greenhouse gas emissions across its entire supply chain.
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| 2014 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 229,019,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 712,300,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 |
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.
Toyota Industries 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.
