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Toyo Tires receives SBT certification

9 December 2024

Toyo Tires  recently advised its greenhouse gas emission reduction targets for 2030 have been evaluated and certified. Toyo Tires have received a Science Based Targets Initiative1 certification., An "SBT Initiative", has been evaluated using a scientifically based method to limit the temperature rise due to global warming to within 1.5 degrees Celsius.

*1: A joint initiative established in 2015 by WWF, CDP, World Resources Institute (WRI), and the United Nations Global Compact.

Science Based Targets (SBT) are greenhouse gas emission reduction targets that are consistent with the levels set by the Paris Agreement2 defined at the 2015 United Nations Framework Convention on Climate Change Conference of the Parties (COP21).

Our company has obtained certification for the medium-term greenhouse gas emission reduction targets (Scope 1, 2, and 3) toward 2030, as shown in the table below.

Category

Goal

Scope1
Scope 2

By 2030, reduce total emissions3 by 46.20% compared to 2019.

Scope3

By 2029, suppliers accounting for 89.00% of emissions related to purchased products and services will set science-based targets.

*2: A level at which efforts are made to keep the global average temperature rise well below 2 degrees Celsius and within 1.5 degrees Celsius compared to pre-industrial revolution levels.
*3: Emissions through our business activities

Based on the belief that "all corporate activities are connected to society and the future," we have positioned reducing environmental impact as one of our top priorities in our business activities, and are committed to creating a sustainable society on a global scale. We aim to contribute to the realization of this goal. Taking this acquisition of SBT certification as an opportunity, we will continue to further accelerate our efforts to both improve corporate value and contribute to society.

Links to HQ policies, in Japanese

・Sustainability Management Policy https://toyotires.eu/page/index/identifier/sustainabilty
・Decarbonization work https://www.toyotires.co.jp/csr/materiality/decarbonization/ Japanese only.

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