TOTO

TOTO reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 307 Kt (-43 /-12.3% y-o-y).

TOTO's Scope 3 emissions decreased to 19,532 Kt (-1,076 /-5.2% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 30% by 2031 from a base year 2019, which translates into the estimated reduction of -5.7 Kt per annum over the period of FY2022 - FY2031. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 30% by 2031 from a base year 2019, which translates into the estimated reduction of -608 Kt per annum over the period of FY2022 - FY2031. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

TOTO also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. TOTO LTD. commits to reduce absolute scope 1 and 2 GHG emissions 30% by 2030 from a 2018 base year. TOTO LTD. also commits to reduce absolute scope 3 GHG emissions from use of sold products 15% by 2030 from a 2018 base year. In addition,TOTO LTD. commits to reduce absolute scope 3 GHG emissions from indirect use phase emissions 15% over the same timeframe.