Toray Industries Inc

Common Name
Toray Industries
Country
Japan
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
47,914
Ticker
3402
Exchange
TOKYO STOCK EXCHANGE
Description
Toray Industries, Inc. is a global leader in the chemical manufacturing sector, renowned for its diverse range of advanced materials and technologies. The company's primary function is to produce high...

Toray Industries's GHG Emissions Data Preview

In 2024, Toray Industries 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).

Toray Industries has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Toray Industries’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 Toray Industries’s data sources below and access millions more through our Disclosure Search.

a. Toray Industries's Sustainability Report 2025
a. Toray Industries's Sustainability Report 2025
b. Toray Industries's CSR Report 2024
b. Toray Industries's CSR Report 2024

Insights into Toray Industries's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Toray Industries amounted to 5,029,764 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 2023, the total operational greenhouse gas (GHG) emissions of Toray Industries increased by 1.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Toray Industries's Scope 1 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e+8%-17%-2%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Toray Industries's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Toray Industries were 2,467,393 metric tons of CO₂ equivalent (tCO₂e). a

Has Toray Industries reduced its Scope 1 emissions over time?

Since 2020, Toray Industries's Scope 1 emissions have decreased by 12.41%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Toray Industries's Scope 1 emissions remained relatively stable, indicating that Toray Industries's emissions have plateaued with no significant change in its operational footprint. a

What are Toray Industries's Scope 2 emissions?

In 2024, Toray Industries reported Scope 2 greenhouse gas (GHG) emissions of 2,486,731 tCO₂e using the market-based method and 2,562,371 tCO₂e using the location-based method. a

Has Toray Industries reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Toray Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Toray Industries 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Toray Industries use for Scope 2 reporting?

In 2024, Toray Industries reported its Scope 2 emissions using the market-based method and using the location-based method. a

Toray Industries's Scope 2 Emissions Over Time

202020212022202320240650 k1.3 M1.95 M2.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Toray Industries's Value Chain Emissions

In 2024, Toray Industries reported 16,370,907 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 2024 disclosure of Toray Industries includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Toray Industries's Scope 3 Emissions Over Time

2020202120222023202404.5 M9 M13.5 M18 MtCO2e+247%+295%+66%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Toray Industries's Scope 3 emissions?

In 2024, Toray Industries reported total Scope 3 emissions of 16,370,907 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 63.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.02% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Toray Industries reduced its Scope 3 emissions over time?

Since 2020, Toray Industries's Scope 3 emissions have increased by 2,023.33%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Toray Industries's Scope 3 emissions remained relatively stable, indicating that Toray Industries 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Toray Industries disclose?

In 2024, Toray Industries reported emissions for 13 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 Toray Industries's Scope 3 emissions?

In 2024, the largest contributors to Toray Industries's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 8,546,810 tCO₂e (52.21%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 4,418,548 tCO₂e (26.99%)
  • Use of Sold Products (Cat. 11): 1,467,151 tCO₂e (8.96%)

Toray Industries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(52.2%)Use of Sold Products(Cat. 11)(9.0%)End-of-LifeTreatment of SoldProducts (Cat. 12)(27.0%)

Insights into Toray Industries’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Toray Industries reported Scope 1 greenhouse gas (GHG) emissions of 2,467,393 tCO₂e and total revenues of USD 16,274 millions. This translates into an emissions intensity of 151.61 tCO₂e per millions USD. a

Toray Industries's Scope 1 Emissions Intensity Compared to Peers

2002,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)NNTWSNNNitori HoldingsYear: 2022Scope 1: 31,997 tCO2eRevenue: $M 7,022Scope 1 Intensity: 4.56 tCO2e/$MNNNiterraYear: 2023Scope 1: 48,000 tCO2eRevenue: $M 4,223Scope 1 Intensity: 11.37 tCO2e/$MHasekoYear: 2023Scope 1: 52,224 tCO2eRevenue: $M 7,712Scope 1 Intensity: 6.77 tCO2e/$MSumitomo ForestryYear: 2023Scope 1: 221,516 tCO2eRevenue: $M 12,255Scope 1 Intensity: 18.08 tCO2e/$MIida Group HoldingsYear: 2023Scope 1: 27,351 tCO2eRevenue: $M 10,809Scope 1 Intensity: 2.53 tCO2e/$MTTToyoda GoseiYear: 2022Scope 1: 106,200 tCO2eRevenue: $M 6,804Scope 1 Intensity: 15.61 tCO2e/$MKoito ManufacturingYear: 2023Scope 1: 49,000 tCO2eRevenue: $M 6,492Scope 1 Intensity: 7.55 tCO2e/$MYokohama RubberYear: 2024Scope 1: 591,000 tCO2eRevenue: $M 6,973Scope 1 Intensity: 84.75 tCO2e/$MFast RetailingYear: 2024Scope 1: 8,760 tCO2eRevenue: $M 21,423Scope 1 Intensity: 0.41 tCO2e/$MKatitasYear: 2023Scope 1: 2,400 tCO2eRevenue: $M 911Scope 1 Intensity: 2.63 tCO2e/$MMazda MotorYear: 2024Scope 1: 83,000 tCO2eRevenue: $M 31,879Scope 1 Intensity: 2.60 tCO2e/$MResorttrustYear: 2023Scope 1: 54,192 tCO2eRevenue: $M 1,275Scope 1 Intensity: 42.50 tCO2e/$MWWWacoal HoldingsYear: 2024Scope 1: 1,578 tCO2eRevenue: $M 1,236Scope 1 Intensity: 1.28 tCO2e/$MBridgestoneYear: 2024Scope 1: 1,509,385 tCO2eRevenue: $M 28,218Scope 1 Intensity: 53.49 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MSSSuzuki MotorYear: 2023Scope 1: 410,000 tCO2eRevenue: $M 34,847Scope 1 Intensity: 11.77 tCO2e/$MSankyoYear: 2023Scope 1: 935 tCO2eRevenue: $M 1,181Scope 1 Intensity: 0.79 tCO2e/$MLYYear: 2024Scope 1: 3,395 tCO2eRevenue: $M 11,984Scope 1 Intensity: 0.28 tCO2e/$MTakashimayaYear: 2022Scope 1: 19,910 tCO2eRevenue: $M 6,585Scope 1 Intensity: 3.02 tCO2e/$MSkylark HoldingsYear: 2023Scope 1: 103,984 tCO2eRevenue: $M 2,509Scope 1 Intensity: 41.45 tCO2e/$MYamaha MotorYear: 2023Scope 1: 144,959 tCO2eRevenue: $M 17,074Scope 1 Intensity: 8.49 tCO2e/$MSekisui HouseYear: 2024Scope 1: 42,919 tCO2eRevenue: $M 26,337Scope 1 Intensity: 1.63 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MIsuzu MotorsYear: 2023Scope 1: 119,189 tCO2eRevenue: $M 23,990Scope 1 Intensity: 4.97 tCO2e/$MToray IndustriesYear: 2024Scope 1: 2,467,393 tCO2eRevenue: $M 16,274Scope 1 Intensity: 151.61 tCO2e/$M

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

In 2024, Toray Industries reported a Scope 1 emissions intensity of 151.61 tCO₂e per millions USD. Compared to the peer group median of 5.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Toray Industries rank on GHG emissions intensity within its industry?

In 2024, Toray Industries ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Toray Industries among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Toray Industries's Total Carbon Footprint

In 2024, Toray Industries reported a total carbon footprint of 21,400,671 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.91% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Toray Industries's total carbon footprint was Scope 3 emissions, accounting for 76.5% of the company's total carbon footprint, followed by Scope 2 emissions at 11.97%. a

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