Toda Corp

Common Name
Toda
Country
Japan
Sector
Industrials
Industry
Engineering & Construction
Employees
6,910
Ticker
1860
Exchange
TOKYO STOCK EXCHANGE
Description
Toda Corporation is a leading construction and engineering company based in Japan, recognized for offering a wide array of services in the building and infrastructure sectors. Founded in 1881, Toda Co...

Toda's GHG Emissions Data Preview

In 2023, Toda completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Toda has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Toda’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Toda’s data sources below and access millions more through our Disclosure Search.

a. Toda's Webpage captured from company’s website 2024
a. Toda's Webpage captured from company’s website 2024
b. Toda's Integrated Report 2023
b. Toda's Integrated Report 2023

Insights into Toda's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Toda amounted to 86,119 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Toda decreased by 13.67%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Toda's Scope 1 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e+4%+32%0%-10%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Toda's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Toda were 54,946 metric tons of CO₂ equivalent (tCO₂e). a

Has Toda reduced its Scope 1 emissions over time?

Since 2018, Toda's Scope 1 emissions have increased by 7.89%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Toda's Scope 1 emissions decreased by 12.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Toda's Scope 2 emissions?

In 2023, Toda reported Scope 2 greenhouse gas (GHG) emissions of 10,665 tCO₂e using the market-based method and 31,173 tCO₂e using the location-based method. a

Has Toda reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Toda's Scope 2 emissions (Location-Based) fell by 15.49% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Toda use for Scope 2 reporting?

In 2023, Toda reported its Scope 2 emissions using the market-based method and using the location-based method. a

Toda's Scope 2 Emissions Over Time

20182019202020212022202309.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Toda's Value Chain Emissions

In 2023, Toda reported 6,065,946 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Toda includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Toda's Scope 3 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e+11%-11%+1%-9%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Toda's Scope 3 emissions?

In 2023, Toda reported total Scope 3 emissions of 6,065,946 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 25.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 74.58% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Toda reduced its Scope 3 emissions over time?

Since 2018, Toda's Scope 3 emissions have decreased by 12.06%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Toda's Scope 3 emissions remained relatively stable, indicating that Toda 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Toda disclose?

In 2023, Toda reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Toda's Scope 3 emissions?

In 2023, the largest contributors to Toda's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 4,480,536 tCO₂e (73.86%)
  • Purchased Goods and Services (Cat. 1): 1,323,369 tCO₂e (21.82%)
  • Capital Goods (Cat. 2): 187,809 tCO₂e (3.1%)

Toda's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(73.9%)Purchased Goods andServices (Cat. 1)(21.8%)Capital Goods(Cat. 2)(3.1%)

Insights into Toda’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Toda reported Scope 1 greenhouse gas (GHG) emissions of 54,946 tCO₂e and total revenues of USD 4,108 millions. This translates into an emissions intensity of 13.38 tCO₂e per millions USD. a

Toda's Scope 1 Emissions Intensity Compared to Peers

2,00010,00050,000200,0001,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00050,000Revenues (Millions of USD)HECHHHazama AndoYear: 2023Scope 1: 64,000 tCO2eRevenue: $M 2,794Scope 1 Intensity: 22.91 tCO2e/$MNankai Electric RailwayYear: 2022Scope 1: 84,693 tCO2eRevenue: $M 1,654Scope 1 Intensity: 51.21 tCO2e/$MJGC HoldingsYear: 2023Scope 1: 83,729 tCO2eRevenue: $M 4,556Scope 1 Intensity: 18.38 tCO2e/$MPenta-Ocean ConstructionYear: 2022Scope 1: 320,000 tCO2eRevenue: $M 3,755Scope 1 Intensity: 85.21 tCO2e/$MTaiseiYear: 2023Scope 1: 151,000 tCO2eRevenue: $M 12,333Scope 1 Intensity: 12.24 tCO2e/$MKajimaYear: 2024Scope 1: 192,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 10.91 tCO2e/$MJDCYear: 2024Scope 1: 37,528 tCO2eRevenue: $M 865Scope 1 Intensity: 43.41 tCO2e/$MSanwa HoldingsYear: 2023Scope 1: 30,349 tCO2eRevenue: $M 4,416Scope 1 Intensity: 6.87 tCO2e/$MLIXILYear: 2025Scope 1: 331,000 tCO2eRevenue: $M 10,034Scope 1 Intensity: 32.99 tCO2e/$MAica KogyoYear: 2023Scope 1: 65,529 tCO2eRevenue: $M 1,817Scope 1 Intensity: 36.06 tCO2e/$MSotetsu HoldingsYear: 2023Scope 1: 40,882 tCO2eRevenue: $M 1,874Scope 1 Intensity: 21.81 tCO2e/$MEEEXEO GroupYear: 2023Scope 1: 60,600 tCO2eRevenue: $M 4,712Scope 1 Intensity: 12.86 tCO2e/$MInfroneer HoldingsYear: 2023Scope 1: 209,146 tCO2eRevenue: $M 5,344Scope 1 Intensity: 39.14 tCO2e/$MHitachi Construction MachineryYear: 2024Scope 1: 71,115 tCO2eRevenue: $M 9,284Scope 1 Intensity: 7.66 tCO2e/$MNGK InsulatorsYear: 2023Scope 1: 270,000 tCO2eRevenue: $M 4,198Scope 1 Intensity: 64.31 tCO2e/$MCCComsys HoldingsYear: 2023Scope 1: 65,000 tCO2eRevenue: $M 4,229Scope 1 Intensity: 15.37 tCO2e/$MTOTOYear: 2023Scope 1: 141,000 tCO2eRevenue: $M 5,264Scope 1 Intensity: 26.79 tCO2e/$MObayashiYear: 2024Scope 1: 265,700 tCO2eRevenue: $M 15,354Scope 1 Intensity: 17.31 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MShimizuYear: 2023Scope 1: 184,202 tCO2eRevenue: $M 14,518Scope 1 Intensity: 12.69 tCO2e/$MBrother IndustriesYear: 2023Scope 1: 18,840 tCO2eRevenue: $M 6,121Scope 1 Intensity: 3.08 tCO2e/$MTobu RailwayYear: 2023Scope 1: 129,255 tCO2eRevenue: $M 4,615Scope 1 Intensity: 28.01 tCO2e/$MSG HoldingsYear: 2023Scope 1: 285,220 tCO2eRevenue: $M 10,770Scope 1 Intensity: 26.48 tCO2e/$MTodaYear: 2023Scope 1: 54,946 tCO2eRevenue: $M 4,108Scope 1 Intensity: 13.38 tCO2e/$M

How does Toda's GHG emissions intensity compare to its peers?

In 2023, Toda reported a Scope 1 emissions intensity of 13.38 tCO₂e per millions USD. Compared to the peer group median of 18.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Toda rank on GHG emissions intensity within its industry?

In 2023, Toda ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Toda is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Toda's Total Carbon Footprint

In 2023, Toda reported a total carbon footprint of 6,152,065 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Toda's total carbon footprint was Scope 3 emissions, accounting for 98.6% of the company's total carbon footprint, followed by Scope 1 emissions at 0.89%. a

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