- Soaring energy costs
- Delay in energy conversion to secure suppliers
- Increased procurement costs of fossil resource-derived raw materials and fuels
- Criticism for fossil resource use
- Loss of competitiveness due to carbon tax disparity
- Decrease in existing users due to changes in the supply chain
- Increased waste disposal costs
- Shrinking materials market due to the shift away from mass production and mass consumption
- Opportunity loss due to delay in responding to a recycling-oriented society
- Increased demands to reduce GHG emissions
Toray Industries, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Toray Industries, Inc. disclosed greenhouse gas emissions of 5.12 million tons-CO2 (FY2022, based on management control). By scope: Scope 1: 249.1 (10,000 tons-CO2) (FY2023); Scope 2: 246.0 (10,000 tons-CO2) (FY2023); Scope 3: 17.56 million tons-CO2 (FY2023). 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
5.12 million tons-CO2 (FY2022, based on management control)
2023
Renewable Energy
100% at headquarters (April 2022)
of total energy
Energy Use
22.9 million gigajoules (FY2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 249.1 (10,000 tons-CO2) (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 246.0 (10,000 tons-CO2) (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 17.56 million tons-CO2 (FY2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.12 million tons-CO2 (FY2022, based on management control) |
| 2012 | 5.1 million tons-CO2e (Toray Group) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 36% per unit of revenue and 26% in Japan compared to FY 2013 (FY2023).
- Increased solar power generation capacity by 101% in FY 2023.
- Switched all power consumed by Toray’s headquarters to 100% renewable energy in April 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas emissions (Scope 1 and 2) per unit of revenue by 50% by 2030 (compared to FY 2013).
🔭 Long-term
- Achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Climate ChangeBiodiversityResource Recycling