Toyobo
Toyobo Co., Ltd., a prominent player in the textile and chemical industries, is headquartered in Osaka, Japan. Founded in 1882, the company has evolved significantly, expanding its operations across Asia, Europe, and the Americas. Toyobo is renowned for its innovative solutions in areas such as advanced materials, biotechnology, and functional films. The company’s core products include high-performance fibres, packaging materials, and medical devices, distinguished by their quality and technological advancements. Toyobo's commitment to sustainability and research has positioned it as a leader in the market, achieving notable milestones in product development and environmental initiatives. With a strong focus on innovation, Toyobo continues to enhance its global presence and maintain its competitive edge in the ever-evolving industrial landscape.
DitchCarbon Score
How does Toyobo'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 Research Services 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
Toyobo's score of 70 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toyobo's reported carbon emissions
In 2024, Toyobo reported total greenhouse gas emissions of approximately 6,000,000,000 kg CO2e globally. This includes 831,000,000 kg CO2e from Scope 1 emissions, 172,000,000 kg CO2e from Scope 2, and a significant 5,499,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by the use of sold products, which accounts for about 3,262,000,000 kg CO2e. For the previous year, 2023, Toyobo's emissions were approximately 894,000,000 kg CO2e for Scope 1 and 2 combined, with Scope 3 emissions again reaching about 5,499,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions for Scope 1 and 2 by fiscal 2051. Additionally, Toyobo has established an intermediate target to reduce absolute Scope 1 and 2 emissions by at least 27% by FY2031 from a FY2021 baseline, alongside a 12.5% reduction in Scope 3 emissions from purchased goods and services and the use of sold products within the same timeframe. These commitments reflect Toyobo's proactive approach to addressing climate change and align with industry standards for greenhouse gas reduction. The company is focused on achieving significant emissions reductions while contributing to a decarbonised society.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Toyobo 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.
