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.
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.
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.
Toyota Industries's score of 57 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, Toyota Industries Corporation reported total greenhouse gas emissions of approximately 757,940,000 kg CO2e. This figure includes 222,274,000 kg CO2e from Scope 1 emissions and 535,666,000 kg CO2e from Scope 2 emissions. Additionally, the company’s Scope 3 emissions were significant, amounting to about 37,748,548,000 kg CO2e. Toyota Industries has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2031, using FY2022 as the baseline year. Furthermore, the company is committed to a 30% reduction in absolute Scope 3 emissions from the use of sold products by FY2031, with FY2019 as the base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Overall, Toyota Industries is actively working towards significant emissions reductions, reflecting its commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | |
---|---|---|
Scope 1 | 234,543,000 | 000,000,000 |
Scope 2 | 522,378,000 | 000,000,000 |
Scope 3 | 35,555,821,000 | 00,000,000,000 |
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.
Toyota Industries 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.