MATERIALITY
Environment
Under one of our material issues, Environment, we will contribute to issues, including those targeted by Goal 6 of the SDGs - clean water and sanitation.
By protecting the environment through our business activities,
we will contribute to the SDGs.
WATER-SAVING
Protect Our Limited Water Resources and Connect With the Future
As a supplier of bathroom and kitchen plumbing products, we believe we have the duty to respond to the issue of depletion of water resources, as it significantly affects the daily lives of everyone. Accordingly, we continue to promote the reduction of water consumption during product use by developing water-efficient and comfortable products and distributing them on a global scale.
Water-Saving Performance of Toilets
We have been working to reduce the amount of water needed to flush toilets and to expel and transport waste while ensuring toilets remain pleasant to use. In the current NEOREST Series, we created a toilet that uses only 3.8L of water per flush. In addition, we are striving to improve the water-conservation performance of our showers and other water faucets.
INITIATIVE
Carbon Neutrality Initiatives
We recognize the impact of climate change as a business risk and work to reduce greenhouse gas emissions based on scientific grounds. On average, our products are used over a period of 10 to 20 years. If analyzed from the perspective of the product life cycle, this means the period of product use accounts for over 90% of our overall CO2 emissions. By actively working to reduce emissions at the use stage of the product life cycle, we aim to realize both comfortable and eco-friendly everyday lifestyles. In regard to the volume of CO2 emissions from our business activities, we are promoting reduction plans that take into account our long-term business growth. Under these plans, we are actively introducing renewable energy sources.
TOTO has endorsed international initiatives aimed at achieving a sustainable society and carbon neutrality. TOTO obtained certification from the Science Based Targets initiative (SBTi) in June 2021 for its target to limit global warming to well below 2°C (WB2ºC). Furthermore, in March 2024 TOTO updated its greenhouse gas emission reduction targets for 2030 and received certification for the 1.5°C level, which aims to limit the increase in the average global temperature to less than 1.5°C compared to preindustrial levels.
Agreed with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in May 2019
Joined the global initiative RE100 in April 2021
Obtained certification for the 1.5°C level in the SBTi in March 2024
REGIONAL CONTRIBUTION
Aim for Sustainable Development Together with Local Communities
To develop sustainable local communities and a society that uses water effectively into the future, not only are the business activities of corporations important but the role of civic activities is also essential. To that end, we established the TOTO Water Environment Fund to support the activities that are working to preserve the global environment and create sanitary and comfortable living environments. Through this fund and other measures, we are contributing to the resolution of issues in local communities as well as their sustainable development.
Session to promote sanitary habits at schools in India
(WaterAid Japan)
GOALS
WILL2030 Social and Environmental Value Target
| Key Indicators | FY2023 (Results) | FY2026 (Targets) |
|---|---|---|
| Avoided emissions of water during product use*1 |
1.00*2
billion m3 |
1.14
billion m3 |
| Total CO2 emissions from business sites |
254
thousand tons |
229
thousand tons |
| Avoided emissions during product use*1 |
2.98*2
million tons |
3.60
million tons |
Updated according to actual results finalized at the end of June 2024 : WILL2030 long-term goals
*1 Reduction effect when compared with the case where products from 2005 continue to be used.
*2 In case the same calculation conditions are used as in WILL2030 STAGE 2 (approximate value).
