Toray Industries

Security Code: 3402A311

Industrial Classification: MANUFACTURE OF CHEMICAL AND ALLIED PRODUCTA314

Sales: 2,489,330million yenA317 (FYA3162022)A315

Category: Group GA318

Organizational boundary type : Non-ConsolidatedA605

Number of legal entities included in the organizational boundary (excluding representative participating companies)

0A320

Target(vs FY2013)A321

Phase1 Total Emission Targets: 5,276,915A327t-CO_2e
FY2025: 1,709,480A332t-CO_2e
(24% Emission Reduction)A333
(scope1 -20%A329, scope2 -36%A331)
FY2030: 1,325,217A338t-CO_2e(41% Emission Reduction)A339(scope1 -54%A335, scope2 8%A337)
FY2050: Carbon Neutrality

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025, and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Actual Emissions

FY2023: Emission Amount 1,626,178A1036t-CO_2e(scope1 1,367,095A1027t-CO_2e,scope2 259,083A1031t-CO_2e)
FY2024: Emission Amount t-CO_2e
(scope1 t-CO_2e, scope2 t-CO_2e)
FY2025: Emission Amount t-CO_2e
(scope1 t-CO_2e, scope2 t-CO_2e)

Comparison of Emissions Reduction Targets and Actual Emissions

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Please explain how you set your goals.

Reduce 40% or more in FY2030(vsFY2013) for Toray Group in Japan by switching to cleaner fuels,leveraging our knowledge and technologies in production, progressing carbon neutralization initiatives.A342

https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA343

Emissions Intensity Target

FY2030
―A340
t-CO_2e/
―A341

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

1
A344For the most recent emissions, the rate of reduction from the base year is above the NDCs (FY2023), and the company is committed to additional reductions above the NDCs toward FY2025 and FY2030.)
2
A345Not Applicable

Details of Emission Results

※ You can see all by scrolling horizontally.

概要		Unit (t-CO_2e)
概要		2023	2024	2025	2023-2025 (Total)
Scope1 Actual	After deduction of for eligible carbon credit and GX credit	1,367,095A1027
	before deduction for eligible credit and GX credit	1,367,095A1028
	Amount of eligible carbon credit procured	0A1029
	GX credit procured	0A1030
Scope2 Actual	After deduction of eligible carbon credit, certificates, etc.	259,083A1031
	before deduction for credits and certificates	259,083A1032
	Amount of eligible carbon credits procured	0A1033
	Certificates procured	0A1034
Scope1+Scope2	After deduction of eligible carbon credit, GX credit and certificates	1,626,178A1036

Scope1 Actual from power generation division		―A1037
Scope2 Actual from power generation division		―A1038

Ref. Electric power consumption		―A1035

※Use of waste as raw fuel and recovery have already been accounted for

Progress towards achieving Phase 1 target

Scope1
Scope2

State of progress(FY2023)

1
The reductions are progressing sufficiently towards achieving the goal.
2
There is a delay in reductions towards achieving the goal.

Explanation of progress (FY2023)

The voluntary target for FY2025 is expected to be achieved.A1040

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Applicable
Not applicable

Transition Strategy Text

・ Medium Term Management Program AP-G 2025A380/ Page No. : p42-45A381
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA382

Implementation status of recommended measures for transition strategy

1
A383Targeting core business activities
2
A384Describing the scenario roadmap referenced
3
A385Considering impacts on the environment and society other than climate change

・ Medium Term Management Program AP-G 2025A387/ Page No. : p42-45A388
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA389

Scenario roadmap referenced during formulation

1
A390Sectoral Technology Roadmap for Transition Finance Promotion
2
A391A scientifically based plan for the realization of the Paris Agreement as defined
3
A392GHG reduction targets set by the government（NDC）
4
A393Others

Status of Governance Initiatives

1
A396Linked to management plan
2
A397Establishing a department in charge
3
A398Establishing an executive officer in charge
4
A399Developing and disclosing investment plans necessary to implement the strategy

・ Toray official web siteA401
https://www.toray.com/global/sustainability/activity/governance/ https://www.toray.com/global/sustainability/activity/social/ https://www.toray.com/global/sustainability/stance/activity.htmlA403

Implementation or planning to support efforts to reduce emissions toward 2050CN for upstream companies in the supply chain.

A404Data collection on emissions

Requesting to our main suppliers for Scope 3 category 1.A405

Toray official web siteA406/ Page No. : -A407
https://www.toray.com/global/sustainability/tcfd/A408

A409Request emission reductions and target setting

Started discussions with our main suppliers for Scope 3 category 1 reduction.A410

Toray official web siteA411/ Page No. : -A412
https://www.toray.com/global/sustainability/tcfd/A413

A414Joint development of products that contribute to a low carbon society /decarbonization (Investment)

Toray, Mitsui Chemicals and Kumagai Put People and the Planet First by Jointly Developing Revolutionary Mono-Material Film Packaging Material and TechnologyA415

Toray Press ReleaseA416/ Page No. : -A417
https://www.toray.com/global/news/details/20230526173237.htmlA418

A434Knowledge sharing on emission reductions

Sharing individually with our customers / partners.A435

Toray official web siteA436/ Page No. : -A437
https://www.toray.com/global/sustainability/tcfd/A438

Implementation or planning of active value-added provision, awareness building, and cooperation through efforts such as CFP labeling on their products and services for consumers and consumers downstream in the supply chain.

A450CFP Labeling・Provision of CFP data

Replying individually to our customers.A451

Toray official web siteA452/ Page No. : -A453
https://www.toray.com/global/sustainability/activity/social/A454

A455Publicize the performance of decarbonized products and services (excluding CFP Labeling)

Certifying Sustainabiity Innovation products(former Green Innovation products) which contribute in GHG emissions reduction and promoting their contribution to GHG emissions reduction throughout the product life cycle.A456

Toray official web siteA457/ Page No. : -A458
https://www.toray.com/global/sustainability/activity/social/gr.htmlA459

For supply chain emissions, set a reduction target for 2030 that consistent with the government goal (2050CN), and develop a transition strategy to achieve that target.

A471Set emission targets in the supply chain ,and disclose that transition strategy/plan

CO2 emissions avoided in value chain 25-fold by FY 2030 compared with FY2013A472

Medium Term Management Program AP-G 2025A473/ Page No. : p42-45A474
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA475

Implementation or planning of dialogue on climate change initiatives with consumers, educational institutions, and NGOs, etc.

A481Dialogue with local communities and residents

Conducting science and environmental education at elementary and junior high schools, holding workshops at science museums, participating in environmental conservation activities in each community, and holding meetings for local residents at each manufacturing location.A482

Toray official web siteA483/ Page No. : -A484
https://www.toray.com/global/sustainability/activity/contribution/ https://www.toray.com/global/sustainability/activity/contribution/introduction.htmlA485

A486Dialogue with NGO and NPO

Cooperating with NPOs, (1) lectures on environment by NPO experts in conjunction with river clean-up activities (2) internal webinars for employees on environment.A487

Toray official web siteA488/ Page No. : -A489
https://www.toray.com/global/sustainability/activity/contribution/ https://www.toray.com/global/sustainability/activity/contribution/introduction.htmlA490

A491Holding forums for discussion with universities and other academic institutions

Toray and the University of Chicago Group Develop Computational Predictive Technique to Speed Up Polymer Recycling R&DA492

Toray Press ReleaseA493/ Page No. : -A494
https://www.toray.com/global/news/details/20230215154932.htmlA495

A496Regular participation in forums, etc. held by other companies

Particpating in CLOMA's forum, subcomittee etcA497

CLOMA official web siteA498/ Page No. : -A499
https://cloma.net/english/memberlist/A500

A501Introduction of a system that reflect the results of dialogue with civil society on management

CSR Operating Dept. is positioned as specializing in social contribution activities, and reports on major initiatives to the CSR Committee(group-wide commiittee) for discussion at executive level.A502

Toray official web siteA503/ Page No. : -A504
https://www.toray.com/global/sustainability/activity/contribution/ https://www.toray.com/global/sustainability/activity/contribution/introduction.htmlA505

A506Participation in international initiatives

Supporting TCFD ,Hydrogen Council , Japan Hydrogen Association, CLOMA etcA507

Each intiative's siteA508/ Page No. : -A509
https://tcfd-consortium.jp/en/member_list https://hydrogeneurope.eu/ https://www.japanh2association.jp/pages/6637249/page_202211211755 https://cloma.net/english/memberlist/A510

Implementation or planning of initiatives to expand the green market by creating innovations, contributing to reductions through products and services, and bringing carbon offset products to market through credits, etc.

A517Launch of decarbonized products and services to market

Promoting Recycled PET film "ECOUSE" "Lumirror" etc., Target revenue of 400bi JPY for products that facilitate sustainable, recycling-based use of resources and production in FY 2030, Target 20% of raw materials sourced from recycling etc used in Toray core polymer in FY 2030A518

Medium Term Management Program AP-G 2025A519/ Page No. : p47-48A520
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA521

A522Investments in the development of decarbonization technologies

Plan investment in growth business fields and environment during current Medium-term Management Program Project AP-G2025A523

Medium Term Management Program AP-G 2025A524/ Page No. : p20, p39-4A525
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA526

A527Production and supply of low and decarbonized energy

Siemens Energy and Toray to develop partnership
through PEM water electrolysis based on a new membrane technologyA528

Toray Press ReleaseA529/ Page No. : -A530
https://www.toray.com/global/news/details/20210906112831.htmlA531

A532Collaboration and partnership with others to develop and deploy decarbonization-related products and services

Idemitsu and Toray Creating Japan's First Biomass ABS Resin Supply ChainA533

Toray Press ReleaseA534/ Page No. : -A535
https://www.toray.com/global/news/details/20230206101444.htmlA536

A537Emission reductions through product recycling and other resource recycling

Medium Term Management Program AP-G 2025A539/ Page No. : p47-48A540
https://www.toray.com/global/ir/pdf/lib/lib_a512.pdfA541

A542Launch of carbon offset products using carbon credit, etc.

Please see Japanese version (English version not published)A543

Toray Press ReleaseA544/ Page No. : -A545
Please see Japanese version (English version not published)A546

A552Participation in the GX League's efforts to create business opportunities

Partcipating actively in GX Studio and making interactions.A553

-A554/ Page No. : -A555
-A556

A557Participation in the GX League's efforts to develop market rules

Participating in "GX Business Working Group".A558

GX League official web siteA559/ Page No. : -A560
https://gx-league.go.jp/aboutgxleague/document/Estabishment%20of%20the%20GX%20Business%20Working%20Group.pdfA561

Avoided Emissions

961,250,000t-CO_2eA603

https://www.toray.com/global/sustainability/vision/A604

Implementation or planning of own procurement and purchase of green products for greening the consumer market.

A593Setting own standards for procurement of green products

Facilitating CSR Initiatives Throughout the Supply ChainA594

Toray official web siteA595/ Page No. : -A596
https://www.toray.com/global/sustainability/activity/supply_chain/ https://www.toray.com/global/sustainability/activity/supply_chain/procurement.htmlA597

Criteria for Establishing Organizational Boundaries

1
A347Equity share-based criteria (GHG Protocol compliant)
2
A347Financial control criteria (GHG Protocol compliant).
3
A347Operational control criteria (GHG Protocol compliant).
4
A347Financial accounting standards
5
A347Non-Consolidated
6
Others

Emission target (vs. base year)

FY― A376: t-CO_2eA377(―)A378 (scope1 -30%A362, scope2 47%A366, scope3 A370 )

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Details of Emission Results

※ You can see all by scrolling horizontally.

概要		Unit (t-CO_2e)
概要		2023	2024	2025	2023-2025 (Total)
Scope1 Actual	After deduction of carbon credit and Non-fossil certificate	―A1045
	Before deduction of carbon credit and Non-fossil certificate	―A1046
	Amount of carbon offset and carbon credit procured	―A1047
	Amount of Non-fossil certificate	―A1048
Scope2 Actual	After deduction of carbon credit and Non-fossil certificate	―A1049
	Before deduction of carbon credit and Non-fossil certificate	―A1050
	Amount of carbon offset and carbon credit procured	―A1051
	Amount of Non-fossil certificate	―A1052
Scope2 Actual	After deduction of carbon credit and Non-fossil certificate	―A1053
	Before deduction of carbon credit and Non-fossil certificate	―A1054
	Amount of carbon offset and carbon credit procured	―A1055
	Amount of Non-fossil certificate	―A1056
Scope1+2	After deduction of carbon credit and Non-fossil certificate	―A1057
Scope1+2+3	After deduction of carbon credit and Non-fossil certificate	―A1058

Calculation Method

1
SHK system compliant
2
GHG Protocol compliant
3
GX-ETS compliant
4
Others
―A1060

Details of Actual Emissions

―A1061

Assurance Level

1
Reasonable assurance
2
Limited assurance

Assuarance Report

―A1064

Number of legal entities included in the organizational boundary (excluding representative participating companies)

Target(vs FY2013)A321

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Please explain how you set your goals.

Emissions Intensity Target

FY2030

t-CO_2e/

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

Details of Emission Results

Progress towards achieving Phase 1 target

State of progress(FY2023)

Explanation of progress (FY2023)

Transition Strategy

Implementation status of recommended measures for transition strategy

Scenario roadmap referenced during formulation

Status of Governance Initiatives

List of initiatives required from GX League companies

1. Initiatives towards reducing supply chain emissions

2. Initiatives in the market through products and services.

3. Avoided Emissions

Criteria for Establishing Organizational Boundaries

Emission target (vs. base year)

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Details of Emission Results

Calculation Method

Details of Actual Emissions

Assurance Level

Assuarance Report

Number of legal entities included in the organizational boundary (excluding representative participating companies)

Target(vs FY2013)A321

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Please explain how you set your goals.

Emissions Intensity Target

FY2030

t-CO2e/

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

Details of Emission Results

Progress towards achieving Phase 1 target

State of progress(FY2023)

Explanation of progress (FY2023)

Implementation status of recommended measures for transition strategy

Scenario roadmap referenced during formulation

Status of Governance Initiatives

List of initiatives required from GX League companies

Criteria for Establishing Organizational Boundaries

Emission target (vs. base year)

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Details of Emission Results

Calculation Method

Details of Actual Emissions

Assurance Level

Assuarance Report

t-CO_2e/