Third-Party Assessment｜Toyoda Gosei Co., Ltd.

Third-Party Assessment

The Toyoda Gosei Group has gained consistent recognition for its Group-wide environmental activities. The Group will increase its activities for further improvement based on these assessments.

Examples

FY2022 Received the highest rating in the CDP’s Supplier Engagement Assessment for the fourth consecutive year Recognized on the Leaderboard for our efforts to reduce greenhouse gas emissions

For the fourth year in a row, Toyoda Gosei was recognized by the international environmental non-profit organization CDP^*1 on its Leaderboard, the highest rating in its Supplier Engagement Assessment, a survey of companies.

The survey looks at a company’s approach to climate change in four areas: governance, targets, Scope 3 emissions and collaboration with suppliers. Toyoda Gosei’s rating was is in the top 8%, placing us on the Leaderboard. We were particularly commended for our efforts to reduce CO₂ emissions through cooperation with suppliers, disclosure of information on Scope 3 emissions and climate change action.

Climate change B
Water security B

*1 A non-profit organization (NPO) based in the UK that seeks information disclosure on the kinds of efforts major corporations and cities in the world are making for climate change, water management, and other environmental factors, and conducts surveys and evaluations. Surveys are conducted with the endorsement of institutional investors. It is one of the ratings agencies most trusted by investors.

Toyoda Gosei Acquires SBT Certification for Decarbonization

Toyoda Gosei Co., Ltd. has acquired Science Based Target (SBT)^*2 certification from the Science Based Target initiative (SBTi), a global partnership of environmental organizations, for content that is in accord with the Paris Agreement,^*3 an internationally shared framework for combatting global warming.

The CO₂ reduction targets Toyoda Gosei has set for 2030 are a decrease of 46.5% (compared with FY2019 levels) in CO₂ emissions associated with the company’s production activities for Scope (scope of CO₂ emissions calculations) 1 and 2, and a 27.5% decrease (compared with FY2019 levels) over its entire supply chain for Scope 3. These values were recognized as at or above the levels set in the SBTi, and certification was received.

Toyoda Gosei’s 2030 CO₂ reduction targets (Both compared to FY2019)		SBT criteria
Scope 1+2	−46.5%^*4	−46.2% or more (1.5°C level3)^*5
Scope 3 (newly formulated)	−27.5%	−27.5% or more (WB 2°C level3)^*5

*2 Greenhouse gas emissions reduction targets based on scientific evidence. SBTi was established by four international environmental NGO’s, including the CDP, with the goal of working toward the achievement of these targets.
*3 International agreement that was adopted in Paris in 2015 and took effect the following year. It has an essential target of limiting the rise in the global average temperature to less than 2°C while pursuing efforts to keep the rise to less than 1.5°C above pre-industrial levels
*4 2030 target: Achieve carbon neutrality with combination of renewable energy and other measures
*5 Indicates the level of reduction in CO₂ emissions, with the meanings of limiting the rise in temperature from global warming to “less than 1.5°C” and “well below 2°C,” respectively.

Received the Agency for Natural Resources and Energy Commissioner’s Award in the Energy Conservation Grand Prize

Toyoda Gosei received the Agency for Natural Resources and Energy Commissioner’s Award in the Best Practices category of the FY2021 Energy Conservation Grand Prize (sponsored by the Energy Conservation Center, Japan).

Toyoda Gosei is strengthening its environmental measures to achieve Scope 1 and 2 carbon neutrality by 2030.

In addition to reducing energy use through the elimination of energy waste in factories, innovations in production technology such as downsizing facilities, and the introduction of energy-saving equipment, the use of renewable energy is being expanded, such as by installing solar power generation equipment. These changes and efforts to raise employee awareness through in-house lectures and other means resulted in a 22% reduction in energy consumption in FY2020 compared to FY2015. These various activities have been highly regarded.

On the right is Kazuhiko Nagao, Deputy Chief of the Carbon Neutrality and Environment Promotion Division

Received the Biodiversity Award at the Good Life Awards

Toyoda Gosei received the 10th Anniversary Special Award, the “Biodiversity Award,” at the FY2022 Good Life Awards sponsored by the Japanese Ministry of the Environment. This award is intended to introduce activities and initiatives implemented throughout Japan that lead to “a lifestyle that is good for the environment and society.” The award commend outstanding organizations and individuals, and encourages their activities with the aim of realizing an environmentally-friendly society. Our efforts to realize biodiversity, based on our “30 by 30 Roadmap”*6 and including woodland maintenance, plant afforestation, biotope creation, and environmental conservation of Fujimae Tidal Flat, were cited for this award.

*6 A non-profit organization (NPO) based in the UK that seeks information disclosure on the kinds of efforts major corporations and cities in the world are making for climate change, water management, and other environmental factors, and conducts surveys and evaluations. Surveys are conducted with the endorsement of institutional investors. It is one of the ratings agencies most trusted by investors.

Front row, 7th from left is Kazuhiko Nagao, Deputy Chief of the Carbon Neutrality and Environment Promotion Division

Heiwacho Plant Biotope Certified as Ministry of the Environment Nature Symbiosis Site

A biotope7 developed on company grounds was certified by the Ministry of the Environment (MOE) as a “nature symbiosis site” that protects biodiversity.

This is certification by the MOE as an area where efforts are made to protect biodiversity on privately-owned lands. It will help to achieve the “30 by 30”8 target adopted at the COP 15 international biodiversity conference in 2022, related to the Convention on Biological Diversity. The Heiwacho Plant (Aichi, Japan) biotope that received this certification was created in 2018 using a rainwater regulating pond. The aim was to give rare plants and animals in danger of extinction a place to establish themselves. Currently, an ecosystem with about 95 species of plants and animals has been formed.

*7 A space where plants and animals can live stably
*8 An initiative aimed at protecting at least 30% of the world’s land and ocean area by 2030

Recently certified Heiwacho Plant biotope

“Nature symbiosis site” certification logo

Certified as “Green Partner 2023” by the Forestry Agency

Companies and organizations that actively contribute to decarbonization through forest management sponsored by the Forestry Agency were certified as a “Green Partner 2023” in the “Forest Decarbonization Challenge 2023” system of awards and certifications.

Toyoda Gosei received this certification for forest management (woodland maintenance) in conjunction with local governments in its “Kimorino Sato” (Minokamo City, Gifu, Japan) and “Mutsumino Sato” (Shuchigun, Shizuoka, Japan) projects.

These activities contribute to protecting biodiversity and improving the CO₂ absorption function of green spaces, while also serving as opportunities to raise the environmental awareness of employees and their families as they enjoy company events including woodland maintenance, wood crafts, and walk rallies. Toyoda Gosei is also creating products such as pen cases and business card holders that combine the wood from thinned trees in forest management and material remnants (steering wheel leather) generated in production processes.

GREEN PARTNER 2023 JAPAN

Recognized as an Aichi Biodiversity Certified Company

Toyoda Gosei was recognized as a Certified Company under the Aichi Biodiversity Certified Company System for FY2022.

This is a system initiated in 2022 by Aichi Prefecture to certify companies that are implementing outstanding initiatives to facilitate corporate efforts to conserve biodiversity.

We were recognized for our native species conservation activities and surveys of living creatures at the Heiwacho Plant biotope, as well as our participation in the Fujimae Tidel and Cleanup Operation.

On the right is Kazuhiko Nagao, Deputy Chief of the Carbon Neutrality and Environment Promotion Division