Toyota Industries

Toyota Industries's Climate Commitments and Emissions Data

Toyota Industries, headquartered in Japan and operating in the other land transportation services sector, is committed to addressing climate change through ambitious reduction targets and a long-term vision for carbon neutrality.

Recent Emissions Data: In 2025, Toyota Industries reported total emissions of approximately 44.9 billion kg CO2e. This includes:

• Scope 1 emissions: approximately 333.5 million kg CO2e
• Scope 2 emissions (market-based): approximately 517.6 million kg CO2e
• Scope 3 emissions: approximately 44.3 billion kg CO2e. Key categories within Scope 3 include use of sold products (approximately 35 billion kg CO2e), and purchased goods and services (approximately 7.3 billion kg CO2e).

Looking back, in 2024, the company's total emissions were approximately 696.4 million kg CO2e. In 2023, Toyota Industries's total emissions were about 38.5 billion kg CO2e, comprising approximately 222.3 million kg CO2e from Scope 1, approximately 535.7 million kg CO2e from Scope 2 (market-based), and about 37.7 billion kg CO2e from Scope 3.

Emissions Reduction Targets and Achievements:

Toyota Industries has set several significant climate targets:

• Near-Term Targets:

  • The company is committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2031, from a fiscal year 2022 base year. These targets are validated by the Science Based Targets initiative (SBTi) and are consistent with reductions required to keep warming to 1.5°C.
  • Toyota Industries also aims to reduce absolute Scope 3 GHG emissions from the use of sold products by 30% by fiscal year 2031, from a fiscal year 2019 base year. This target is also validated by the SBTi.
  • Previously, under its Sixth Plan, Toyota Industries successfully achieved a 26% reduction in global emission volume per unit of production by fiscal year 2021, compared to fiscal year 2006 levels.

• Long-Term Vision:

  • Toyota Industries has established an "Environmental Vision 2050" with the ultimate goal of achieving zero CO2 emissions on a global basis.
  • Specifically, the Obu Plant is working towards achieving zero CO2 emissions by 2050.
  • The company also aims for a net-zero carbon footprint by 2040 for Scope 1 emissions, which is 10 years earlier than the Paris Agreement's 2050 target.
  • Toyota Material Handling Europe, part of Toyota Industries, aims to achieve net zero for Scope 1 and Scope 2 emissions well before 2050, aligning with SBTi and Paris Agreement requirements.