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.
We agree with the international initiatives toward the realization of a carbon-neutral society and, in June 2021, we acquired certification of the Science Based Targets (SBT) initiative.
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
Acquired certification of the SBT initiative in June 2021
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.
Installation of water pipes in Mozambique (Bridge for Lives in Mozambique)
GOALS
WILL2030 Social and Environmental Value Target
| Key Indicators | FY2022 (Results) | FY2023 (Targets) |
|---|---|---|
| Total CO2 emissions from business sites |
267
thousand tons |
259
thousand tons |
| Reduction in CO2 emissions during product use* |
3.35
million tons |
3.45
million tons |
| Number of projects that help solve local issues (cumulative number from FY2018) |
135cases
|
150cases
|
* Reduction effect when compared with the case where products of 2005 continue to be used.
・Figures are as of FY2023