- Cost overruns on the US ethylene project due to inadequate risk assessment and delayed strengthening of EPC capabilities.
- Sudden increase in orders exceeding the Group’s human capital and operational project execution capabilities.
- Increased regionalism resulting in more limited market access and low-price competition.
- Lack of technological innovation.
- Insufficient funds and political instability hindering plant construction in emerging countries.
- Climate change resulting in more frequent and severe natural disasters.
Toyo Engineering Corporation
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, Toyo Engineering Corporation disclosed greenhouse gas emissions of 5.9K tons/year (domestic and overseas offices and project site offices). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.9K tons/year (domestic and overseas offices and project site offices)
2020
✅ Reported Environmental Achievements
- Maintained a recycling rate of at least 91% since 2013.
- Reduced tap water use by 38% by reusing rooftop rainwater compared to fiscal 2015.
- Reduced printing-paper purchase volume by approximately 30 tons by encouraging paperless offices.
- Achieved zero environmental disasters since acquiring ISO 14001 certification in 2004.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve zero quality-related losses.
📅 Medium-term
- Blue : Green gross profit composition targets Fiscal 2025: 75:25 Fiscal 2030: 50:50
- Increase productivity 6 times by 2024 through DX
🔭 Long-term
- Net zero emissions by 2050 (implied)
🌱 ESG Focus Areas
EnvironmentSocialGovernance