Initiatives for Addressing Key Sustainability Issues (Materiality)

Contribute to the transition to a decarbonized society by reducing CO2 emissions from automobiles and factories/plants through the use of clean energy and innovative technologies

7 AFFORDABLE AND CLEAN ENERGY
9 INDUSTRY, INNOVATION, INFRASTRUCTURE
13 CLIMATE ACTION
Renewable Energy & Energy ManagementBatteriesHydrogen & Alternative Fuels

Climate change is a major issue that affects all life on Earth. To tackle this issue, Toyota Tsusho is actively increasing sales of next-generation eco-cars (HEVs*1, PHEVs*1, BEVs*1, FCEVs*1, etc.), developing infrastructure such as hydrogen stations, reducing vehicle weight by using alternative materials, and securing lithium resources that support increased production of the automotive batteries essential for eco-cars. Our initiatives include reducing automobile CO2 emissions and CO2 emissions throughout product life cycles, including in the logistics business, and eliminating CO2 emissions from factories/plants. Further, we will contribute to the realization of a decarbonized society with renewable energy, leveraging the largest wind power generation company in Japan, Eurus Energy Holdings Corporation, and one of the largest solar power generation companies in Japan, Terras Energy Corporation.

KPI

Quantitative KPIs

Renewable energy*2 business

Result for the fiscal year
ended March 31, 2025
95%
Target for the fiscal year
ending March 31, 2026
100%
Target for the fiscal year
ending March 31, 2028
100%

Path to achieving the target for the fiscal year ending March 31, 2028

  • Planned withdrawal from coal- and heavy oil-fired power generation businesses within this fiscal year

Renewable Energy Businesses Generation Capacity

 
Total electric power generation capacity (including under construction)
Toyota Tsusho’s total electric power generation capacity (including under construction)
Result for the fiscal year
ended March 31, 2025
6.2GW
4.2GW
Target for the fiscal year
ending March 31, 2026
6.5GW
4.4GW
Target for the fiscal year
ending March 31, 2028
7.0GW
4.6GW

Path to achieving the target for the fiscal year ending March 31, 2028

  • Expansion of business in emerging regions and diversification of power sources such as offshore wind and hydro toward achieving total power generation capacity of 10 GW by the fiscal year ending March 2031

Revenue from products and services that contribute to energy saving and CO2 emissions reduction

Breakdown: low-power electronic components business (such as semiconductors), bioplastic import and sales business, etc.

Result for the fiscal year
ended March 31, 2025
524.0 billion yen
Target for the fiscal year
ending March 31, 2026
616.0 billion yen
Target for the fiscal year
ending March 31, 2028
780.0 billion yen

Path to achieving the target for the fiscal year ending March 31, 2028

  • Provision of energy-saving solutions and expansion of handling of products that reduce environmental impact

lithium production volume

Result for the fiscal year
ended March 31, 2025
26,000 t
Target for the fiscal year
ending March 31, 2026
33,000 t
Target for the fiscal year
ending March 31, 2028
41,000 t

Path to achieving the target for the fiscal year ending March 31, 2028

  • Expansion of production to ensure a stable supply of lithium, a key to the widespread adoption of electric vehicles

Toyota Tsusho Group’s global market share of electrified vehicles*3

Result for
CY2024
17%
Target for
CY2025
18%
Target for
CY2028
34%

Path to achieving the target for the fiscal year ending March 31, 2028

  • Increase in sales of electric vehicles in assigned markets

Toyota Tsusho’s GHG emissions*4 : Carbon neutrality by 2050

Result for CY2019
(benchmark year)
800,000 t-CO2
Result for
CY2024
686,000 t-CO2
Target for
CY2030
50% reduction
Target for
CY2050
Carbon neutrality
  1. Note:Both global market share of electrified vehicles and greenhouse gas emissions: Carbon neutrality by 2050 are based on a calendar year.
  2. *1HEVs (hybrid electric vehicles), PHEVs (plug-in hybrid electric vehicles), BEVs (battery electric vehicles), FCEVs (fuel-cell electric vehicles)
  3. *2Renewable energy includes wind power (including offshore wind power), solar power, geothermal power, hydroelectric power, and wood biomass power
  4. *3Electrified vehicles: HEVs, PHEVs, BEVs, FCEVs,
  5. *4Scope 1 and Scope 2

Long-term Policy for Realizing a Decarbonized Society
In July 2021, Toyota Tsusho established long-term targets toward 2050 and targets for 2030 as intermediate targets. For further details, click here.