In 2024, TOTO 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).
TOTO 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 129,000a | 141,000a | 168,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 117,000a | 113,000a | 99,000a | |
Total Scope 3 | 16,539,000a | 16,506,000a | 18,166,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 27.8175a | 26.7851a | 31.7688a |
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In 2024, the total operational greenhouse gas (GHG) emissions of TOTO amounted to 246,000 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 TOTO decreased by 3.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of TOTO were 129,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, TOTO's Scope 1 emissions have decreased by 29.12%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), TOTO's Scope 1 emissions decreased by 8.51%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, TOTO reported Scope 2 greenhouse gas (GHG) emissions of 117,000 tCO₂e without specifying the calculation method.a
Since 2019, TOTO's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 30.36%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), TOTO's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that TOTO's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, TOTO reported its Scope 2 emissions using an unspecified methodology.a
In 2024, TOTO reported 16,539,000 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 TOTO includes a breakdown across 10 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
In 2024, TOTO reported total Scope 3 emissions of 16,539,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 5.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.86% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, TOTO's Scope 3 emissions have decreased by 19.74%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), TOTO's Scope 3 emissions remained relatively stable, indicating that TOTO's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, TOTO 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.
In 2024, the largest contributors to TOTO's Scope 3 emissions were:a
In 2024, TOTO reported Scope 1 greenhouse gas (GHG) emissions of 129,000 tCO₂e and total revenues of USD 4,637 millions. This translates into an emissions intensity of 27.82 tCO₂e per millions USD.a
In 2024, TOTO reported a Scope 1 emissions intensity of 27.82 tCO₂e per millions USD. Compared to the peer group median of 13.73, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, TOTO ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
TOTO is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, TOTO reported a total carbon footprint of 16,785,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.15% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TOTO's total carbon footprint was Scope 3 emissions, accounting for 98.53% of the company's total carbon footprint, followed by Scope 1 emissions at 0.77%.a