Toyota Industries Corporation Gains the Highest rating in Survey by CDP*
Toyota Industries Corporation (President: Akira Onishi) was selected for the A List, the highest evaluation, in surveys conducted by CDP on climate change and water security, as a company of particular merit for activities to cut greenhouse gas emissions, efforts to alleviate climate change, and management of water resources. The ratings were formally announced on January 22 at the CDP 2018 Japan Report Launch.
Toyota Industries’ Managing Officer Hiroaki Matsuda, who attended the Report’s launch, described the company’s aspirations: “We are accelerating Group-wide initiatives to achieve our stated aim of realizing a “CO2 Zero Emission Society by 2050,” advancing the environmental activities that we have tackled steadily to date.”
Toyota Industries Group formulated its "Ideal state in 2050" in March 2016 and, based on this, consolidated its activities for the five years from FY2017 to FY2021 in its "Sixth Environmental Action Plan," which is currently implemented on group wide basis.
The Group is driving the following initiatives based on the above plan:
1. Reduction of CO2 emissions by 10% by FY2021 compared with FY2006 (Toyota Industries)
2. Reduction of the CO2 per unit by 26% by FY2021 compared with FY2006 (Toyota Industries Group)
3. Understanding and reducing risks related to water resources at each production site.
The latest recognition indicates that such initiatives by the group are well-regarded.
In the future, Toyota Industries Group will continue to tackle with climate change and water resource conservation as a key issue. Furthermore, the company will contribute to the realization of a sustainable society through global environmental conservation activities.
*CDP is a global not-for-profit charity launched in the U.K. in 2000 that promotes reduction of greenhouse gas emissions, and protection of water resources and forests by companies and governments.
Currently, CDP conducts surveys and evaluations of major global companies on behalf of 650 institutional investors (total assets under management: 87 trillion U.S. dollars) and 115 companies and organizations (total procurement expenses 3.3 trillion U.S. dollars).