Toyoda Gosei Co., Ltd. has acquired Science Based Target (SBT)^*1 certification from the Science Based Target initiative (SBTi), a global partnership of environmental organizations, for content that is in accord with the Paris Agreement,^*2 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.

• *1 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
• *2 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℃ while pursuing efforts to keep the rise to less than 1.5℃ above pre-industrial levels
• *3 2030 target: Achieve carbon neutrality with combination of renewable energy and other measures
• *4 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℃” and “well below 2℃,” respectively.