Toyota Industries Corporation (TICO)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:26,155 metric tons (FYE23)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:30% (beginning January 2023)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Carbon Neutral Society
- Recycling-Based Society
- Harmony with Nature
- Environmental Management
- Social Responsibility
- Governance
Environmental Achievements
- Reduced CO2 per unit by 40% in the production process from FYE19 to FYE23
- Reduced absolute electrical usage by 12% from FYE19 to FYE23
- Reduced absolute natural gas usage by 20% from FYE19 to FYE23
- Reduced CO2 emissions (Scope 1 & 2) by 34% from FYE19 to FYE23
- Increased renewable energy ratio to 30% beginning January 2023
- 579 tons of waste diverted from landfill in 2023
- 7,545 tons of materials recycled, recovered, and reused in 2023
- Landfill free since 2004
- Planted 2,500 trees in 2023 (over 40,000 in 20 years)
- Handed out 2,000 butterfly garden seed packs in 2023
- ISO 14001 certified since 1999
Social Achievements
- 11,764 volunteer hours completed by Toyota associates in 2022
- $374,012 donated to local causes and organizations in 2022
- $745,721 total economic impact in 2022
- 861 units of blood collected on Toyota’s campus in 2022
- 30 local organizations impacted in 2022
- 2,583 lives impacted in 2022
- 1,500 units of blood collected since 2020
- Over 4,000 lives impacted since 2020
- Indiana Governor’s Award for Environmental Excellence (Five Year Continuous Improvement) in 2022
- TMHG Global Skills Competition gold medals for Assembly and Welding
- 2023 Women in Supply Chain Award for Lea Ann King and Kim Douglass
Governance Achievements
- New supplier sustainability survey integrated into procurement process
- EcoVadis bronze status achieved
Climate Goals & Targets
Long-term Goals:
- Support TICO’s Vision 2050 goal of zero emissions
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing CO2 emissions throughout the entire value chain
- Improving waste management practices
Mitigation Strategies
- Continuous improvement practices (Kaizen)
- Waste audit to identify opportunities for improvement
- Implementation of changes to recycling and waste diversion program
- New supplier sustainability survey
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- New supplier sustainability survey
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: CDP
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Indiana Governor’s Award for Environmental Excellence
- 2023 G75 Green Supply Chain Partner by Inbound Logistics magazine