Toyo Seikan Group Holdings Ltd

Common Name
Toyo Seikan Group Holdings
Country
Japan
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
18,830
Ticker
5901
Exchange
TOKYO STOCK EXCHANGE
Description
Toyo Seikan Group Holdings Ltd. is a prominent player in the packaging industry, primarily engaged in the manufacture and sale of a diverse range of packaging solutions. The company is renowned for pr...

Toyo Seikan Group Holdings's Climate Target Data Preview

As of 2024, Toyo Seikan Group Holdings has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Toyo Seikan Group Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Toyo Seikan Group Holdings’s Climate Targets Data

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a. Toyo Seikan Group Holdings's Integrated Report 2024
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Insights into Toyo Seikan Group Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Toyo Seikan Group Holdings has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Toyo Seikan Group Holdings have a target to reduce the emissions from its operations?

As of 2024, Toyo Seikan Group Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Toyo Seikan Group Holdings's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 1,394,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Toyo Seikan Group Holdings is on track to meet its operational emissions reduction target, having achieved 37.74% of the planned reduction. a

Toyo Seikan Group Holdings's Operational (Scope 1+2) Emissions Pathway

2019202320300350 k700 k1.05 M1.4 MBaselineCurrent (-19%)Target 2030 (-50%)

Does Toyo Seikan Group Holdings have a target to reduce the emissions from its value chain?

As of 2024, Toyo Seikan Group Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Toyo Seikan Group Holdings's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 7,121,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing value chain emissions, Toyo Seikan Group Holdings has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Toyo Seikan Group Holdings's Value Chain (Scope 3) Emissions Pathway

20192023203002 M4 M6 M8 MCurrent (+7%)Target 2030 (-30%)
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