Toyota Industries Corporation Gains the Highest Rating in Survey by CDP*
Toyota Industries Corporation (President: Akira Onishi) was selected for the A-List, for the second year in a row, in the surveys on climate change conducted by CDP. Toyota Industries made the A-List, the highest evaluation, as a company of particular merit in activities that include the reduction of greenhouse gas emissions and measures to alleviate climate change. The ratings were formally announced on January 20 at the CDP 2019 Japan Report Launch.
At the Report Launch, Hiroaki Matsuda, Executive Officer at Toyota Industries, described the company's aim to contribute to the achievement of CO2 zero emission society by 2050. And he commented we would like to accelerate our environmental conservation efforts, including the development of environmentally friendly technologies, with the keyword of "clean zero emissions" in Toyota Industries' Vision 2030 (formulated in 2019).
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 CO2 per unit by 26% by FY2021 compared with FY2006 (Toyota Industries Group)
Toyota Industries is deploying various energy-saving initiatives towards achieving these specific goals throughout Toyota Industries Group. This includes introducing the use of carbon-neutral biogas at its lift truck production plant in Sweden in 2019, in order to attain zero CO2 emissions at all its plants overall. We believe that receiving the highest rating for the second year in a row means that these initiatives have been recognized.
In the future, Toyota Industries Group will continue to tackle climate change 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.
In 2019, CDP conducted surveys and evaluations of major global companies on behalf of 525 institutional investors (total assets under management: 96 trillion U.S. dollars) and 125 companies and organizations (total procurement expenses: 3.6 trillion U.S. dollars).