Toyota Industries Sustainability Profile
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 71 is higher than 82% 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 Corporation reported total global emissions of approximately 675,631,000 kg CO2e. The emissions data for Italy in the same year indicated that Scope 1 emissions were about 456,000 kg CO2e, Scope 2 emissions totalled approximately 522,000 kg CO2e, and Scope 3 emissions were around 13,587 kg CO2e. In 2023, the global emissions included approximately 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. Toyota Industries has set ambitious climate commitments, aiming for a 50% reduction in total emissions by fiscal 2031 from the fiscal 2014 level. This includes a specific target of reducing absolute Scope 1 and 2 GHG emissions by 42% by FY2031 from a FY2022 baseline. Additionally, the company aims for a 30% reduction in Scope 3 emissions from the use of sold products by FY2031, compared to FY2019 levels. The company is also committed to achieving net-zero carbon emissions by 2040, which is ten years ahead of the Paris Agreement's 2050 target. These initiatives reflect Toyota Industries' dedication to establishing a zero CO2 emissions society as part of its Environmental Vision 2050.
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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 |
How Carbon Intensive is Toyota Industries's Industry?
How Carbon Intensive is Toyota Industries's Location?
Toyota Industries's Scope 3 Categories Breakdown
Toyota Industries's Scope 3 emissions, which increased by 6% last year and increased by approximately 6% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 85% of Scope 3 emissions.
Top Scope 3 Categories
Toyota Industries's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Toyota Industries has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Toyota Industries's sustainability data and climate commitments