Based on our Corporate Philosophy of “living and prospering together with people, society and the globe, the Toyota Tsusho Group has established the Toyota Tsusho Group Environmental Policy and takes action to respond to climate change, preserve forests and biodiversity, curb the use of resources and energy, use water effectively, and reduce water consumption in areas experiencing water stress.
In order to pass down a better global environment to the children of the future, as a responsible corporate citizen, we promote environmentally considerate business activities, work to solve environmental issues, and contribute to the realization of a sustainable society.
Toyota Tsusho Group complies with international declarations, conventions, treaties, and the laws and regulations of the countries and regions where we operate, as well as other industry standards. In addition, we conduct due diligence to identify and appropriately address potential environmental risks when expanding our business through mergers and acquisitions.
Toyota Tsusho Group contributes to the transition to a decarbonized society by utilizing clean energy, such as renewable energy, and innovative technologies to reduce greenhouse gas emissions from vehicles, factories, and plants. We aim to achieve a carbon-neutral society in line with the Paris Agreement by promoting emission reductions not only in our own business activities but also across the entire supply chain.
We reduce greenhouse gas emissions (Scope 1, 2) up to 50% compared to 2019 and work towards achieving carbon neutrality by 2050, in accordance with our “Carbon Neutral Roadmap 2030.”
We will not make new investments that lead to fossil-fuel expansion and will proceed to withdraw from existing coal, heavy oil, and gas-fired power generation businesses, while strengthening investments in green energy.
We use technologies that adapt to future climate change to ensure the continuity of our business.
Toyota Tsusho Group manages the followings for the sustainable procurement of water resources in our operations and along the upstream and downstream value chain:
Toyota Tsusho Group, recognizing that biodiversity is a prerequisite for the continuation of corporate activities, work towards no-deforestation, no-conversion of natural ecosystems, and no development on peatlands by target dates. We also collaborate with stakeholders on a global and long-term basis to conserve biodiversity on land and underwater. Furthermore, we conduct risk assessments through business creation and activities, ensure traceability, and aim to balance biodiversity conservation with business activities in line with the Kunming-Montreal Global Biodiversity Framework.
Toyota Tsusho Group identify impacts, risks, and opportunities related to air pollution, water pollution, and soil contamination, and strive for their prevention and management. We also set our own standards at 80% or less of the standard values defined by environmental laws and ordinances, and through daily management and internal audits, we ensure compliance. In addition, we work to prevent and mitigate the impact of water pollution by properly treating wastewater resulting from business activities and reducing the use ofwater-polluting substances. We also verify the implementation status throughout the entire value chain. While preventing incidents and emergency situation, in the event of such issues, we quickly control and minimize their impact on people and the environment.
Some substances used in industrial products may cause environmental pollution or health hazards. Toyota Tsusho Group complies with various regulations regarding the use and management of these hazardous substances, minimizes their use, and progressively phases them out.
Toyota Tsusho Group contributes to the realization of a circular economy through the effective use of resources and the reduction of waste. We promote circular business models that reuse waste as resources, such as recycling scrap from end-of-life vehicles and factories, securing resources from urban mines, and reusing used cars and parts. We actively promote environmentally friendly businesses in cooperation with suppliers and related companies, contributing to the creation of a sustainable society. We also strive to reduce the use of natural resources in our own business activities and work towards substituting them with recycled resources. By circulating resources, we suppress the generation of waste.
Toyota Tsusho Group implements environmental conservation activities through the establishment of environmental management systems, and aims for continuous improvement through reviews and use of creativity.
Toyota Tsusho Group educates all employees and external stakeholders about our environmental policy through initiatives such as briefings. By sharing the impact of our business activities on the environment and issues and measures related to energy use, we aim to enhance environmental awareness.
Toyota Tsusho Group promotes understanding through dialogue with local residents, indigenous peoples, institutional investors, and NPOs, and strengthens stakeholder engagement and capacity building on environmental issues by deepening our endorsement and collaboration with initiatives. We will not provide funding towards climate-denial activities or lobbying activities against climate regulations.
Toyota Tsusho Group regularly discloses information on environmental performance and environmental issues and shares it widely with society.
Toyota Tsusho Group carefully evaluates expected synergies and trade-offs when addressing environmental issues and proceeds with initiatives considering the multifaceted nature of environmental challenges.