MORROW, GA — /PRNewswire/ — TOTO, the world's largest plumbing products manufacturer with over $5.34 billion in annual sales, announced on May 1st major strides in its commitment to environmental sustainability.
The company's 2030 greenhouse gas reduction targets have received the prestigious "1.5℃ target" validation from the Science Based Targets initiative (SBTi). Further, the company has also secured a coveted spot on the Carbon Disclosure Project's (CDP) A List for outstanding environmental disclosure and performance.
"TOTO's achievements with the SBTi and CDP are not merely accolades but reflections of our genuine commitment to contributing toward a carbon-neutral and sustainable society by 2050," said Hidemi Ishikawa, CEO of TOTO USA. "Achieving the SBTi's '1.5℃ target' validation and earning a place on the CDP's A List signifies our steadfast dedication to expanding our sustainable practices, which are integral to TOTO's operational success."
The SBTi Initiative
TOTO's rigorous environmental goals, aligned with the SBTi's "1.5℃ target", underscore its proactive approach to limit global temperature rise in line with the Paris Agreement's most ambitious benchmarks. These goals form part of TOTO's broader strategy to achieve carbon-neutral status by 2050.
Commitments and Goals
TOTO's measurable targets and innovative strategies are aimed at significantly reducing its environmental impact and contributing meaningfully to global warming prevention initiatives. Each initiative reflects TOTO's dedication to a sustainable and environmentally responsible future.
- Reduction Targets: TOTO has set ambitious goals to reduce CO2 emissions by 47.5% from its business sites (Scope 1 and 2) and by 25% in product usage emissions (Scope 3 Category 11) by 2030, relative to its 2021 baseline.
- Renewable Energy Initiatives: TOTO is advancing confidently toward its goal of using 100% renewable energy by 2040, focusing on energy conservation and significant equipment upgrades across its operations.
- Innovative Product Development: TOTO is committed to improving the environmental performance of its signature water-related products, which exemplify cleanliness, comfort, and sustainability. These enhancements are designed to promote global adoption and support the achievement of the "1.5°C level" target.
Carbon Disclosure Project
TOTO's inclusion on the Carbon Disclosure Project (CDP) A List marks it as a leader in environmental transparency and effectiveness, demonstrating its longstanding commitment to reducing carbon emissions and advancing water conservation initiatives. The CDP manages the world's premier environmental disclosure system, encouraging urgent action among corporations to understand and reduce their environmental impacts. Despite over 23,000 companies registering with the CDP in 2023, fewer than 400 achieved an A rating. This places TOTO among the elite 1.74% of companies worldwide, highlighting its significant role in environmental stewardship and its ability to meet the rigorous standards of top-tier ecological performance and transparency.
TOTO's A- rating from the CDP underscores its leadership in environmental initiatives. This acknowledgment reflects TOTO's steadfast dedication to sustainability and marks a significant validation of its proactive environmental strategies. Being recognized by the CDP highlights TOTO's ongoing commitment to environmental stewardship and reinforces its position as a global leader in sustainable business practices.
Sustainable Development Goals
These efforts are part of TOTO's broader initiative to address social challenges and foster economic growth sustainably, contributing significantly to the United Nations' Sustainable Development Goals (SDGs). Through its TOTO WILL 2030 strategy, the company focuses on cleanliness, environmental sustainability, and community connections—reinforcing its dedication to responsible business practices.
Looking Forward
TOTO's recent accolades from SBTi and CDP underscore its leadership in sustainability, setting new standards for environmental excellence in the industry. The company's ongoing achievements exemplify the balance between commercial success and ecological stewardship, demonstrating a path toward a more sustainable and prosperous future.