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Toyota Boshoku Receives Highest Score from CDP Survey
Selected as an A List*1 Company in Both Categories of Climate Change and Water Security
Toyota Boshoku Corporation (Global Mainstay Hub: Kariya City, Aichi Prefecture; President & CEO: Masayoshi Shirayanagi) was recently selected as an A List Company, the highest score obtainable, in the categories of "climate change" and "water security" from a survey conducted by CDP*2. This is the first time Toyota Boshoku has been selected for the A list for "climate change" and the second time for "water security" after the first time in 2019. Toyota Boshoku is only one of the few companies that received a double A score from among over 18,700 companies targeted by the CDP survey. CDP conducts surveys with the endorsement of institutional investors, and is one of the most trusted rating agencies among investors.
Toyota Boshoku's proactive approaches to respond to "climate change" and "water security" are considered to be the reason for such a high evaluation from CDP's scoring this year.
[Major initiatives]
・The company formulated the 2025 Environmental Action Plan with the aim of achieving the 2050 Environmental Vision. Information disclosure has been actively encouraged, while reaching each and all fiscal year targets.
・Performing scenario analysis in response to the TCFD recommendations, the company extracts climate change and water security risks and opportunities to take specific countermeasures.
・The company reviewed its carbon neutral strategy in November 2021 to achieve a 50% reduction by 2030 and carbon neutrality by 2050, and is globally implementing the strategy.
The Toyota Boshoku group, together with all of its stakeholders, aims for a sustainable global environment where children can live happily. All of the group companies continue to make greater effort to reduce the environmental impact and conserve biodiversity through the use of environmentally friendly development, design, production, and logistics.
Please visit the company website at https://www.toyota-boshoku.com/jp/csr/environment/ for further details on the Toyota Boshoku group's environmental activities.
*1: A List: The highest scoring rank among eight levels from A to D-.
*2: CDP is an NPO established in the United Kingdom in 2000. It operates a global information disclosure system to manage the environmental impact of investors, companies, cities, countries, and regions.