Toyo Engineering Corporation

Climate Impact & Sustainability Data (2020)

Total Carbon Emissions:5867 tons/year (domestic and overseas offices and project site offices)

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.

Obtained Eruboshi certification (two stars) in June 2019 for promoting women’s participation in the workplace.
Manager ratio of foreign national employees at the Head Office was 41.7% in fiscal 2019.
Ratio of female managers was 12.3% in fiscal 2019.
Ongoing school and education-related support activities in India (building classrooms, developing women’s restrooms, donating uniforms, etc.).
Overseas internship program for technical school students at Toyo-Malaysia (25 students participated).

Established a Compliance Committee and assigned a manager to each overseas group company.
Established a Compliance Department in April 2018.
Implemented measures to strengthen project risk management, including pre-order and post-order risk management.

Long-term Goals:

Medium-term Goals:

Blue : Green gross profit composition targets Fiscal 2025: 75:25 Fiscal 2030: 50:50
Increase productivity 6 times by 2024 through DX

Short-term Goals:

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.

Implemented measures to minimize risk upfront through a more rigorous proposal process.
Established rules for evaluating new technologies and implementing countermeasures.
Set a rule not to take a risk of construction under American-style Time & Materials contracts.
Carried out overall business process reforms.
Strengthened the Construction Division.
Strengthened project management oversight and support functions.
Thoroughly implemented risk management measures.
Established a medium- to long-term strategy to strengthen conventional products and regional EPC business and diversify profit structure.

Energy Conservation Grand Prize (2018)
Engineering Commendation Award of Engineering Advancement Association of Japan 2019