2024-07-31
To contribute to the transition to a decarbonized society, Toyota Tsusho Corporation is aggressively promoting initiatives that will lead to carbon neutrality by forming working groups within the company, focusing on the five areas in which we can leverage our strength: Renewable Energy & Energy Management*1, Batteries, Hydrogen & Carbon Neutral Fuel, Resource Circulation & 3R*2, and Economy of Life*3
Accordingly, we have updated the Carbon Neutrality Roadmap 2030 that was formulated in November 2021 to further accelerate our initiatives toward achieving carbon neutrality,
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In the previous roadmap, Toyota Tsusho announced that it would proceed 1.6 trillion scale investment for the 10-year period from 2021 to 2030 to realize a decarbonized society. In the updated roadmap, we have added 400 billion yen, bringing the total to 2 trillion yen scale investment*4. In particular, 300 billion yen of the additional 400 billion yen will be allocated to the “renewable energy and energy management” area, bringing the total investment to around 1 trillion yen by 2030.
| Focus area |
Scale of investment |
Scale of investment （Currently announced） |
Difference |
|---|---|---|---|
| Renewable Energy & Energy Management | 700 billion yen | 1 trillion yen | +300 billion yen |
| Batteries | 400 billion yen | 450 billion yen | +50 billion yen |
| Hydrogen & Carbon Neutral Fuel | 200 billion yen | 200 billion yen | – |
| Resource Circulation & 3R | 200 billion yen | 250 billion yen | +50 billion yen |
| Economy of Life | 100 billion yen | 100 billion yen | – |
| Total | 1.6 trillion yen | 2 trillion yen | +400 billion yen |
In order to pass down a better global environment to the children of the future, we will expand our businesses that contribute to reducing greenhouse gas emissions by proactively investing in business areas in which we can leverage our strength and formulating and executing specific plans, thereby contributing to the world’s transition to a decarbonized society.
*1 Renewable energy & energy management
*2 Rebuild, Reuse, Recycle
*3 Healthcare, foodstuffs, and other businesses that are essential to daily life that enhance the quality of life
Toyota Tsusho’s initiatives until now
The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.