Initiatives for Addressing Key Sustainability Issues (Materiality)

Contribute to the development of a recycling-based society by transforming waste into resources for manufacturing

11 SUSTAINABLE CITIES AND COMMUNITIES
12 RESPONSIBLE CONSUMPTION AND PRODUCTION
14 LIFE BELOW WATER
Circular EconomyBatteriesEconomy of Life

Natural resources are not limitless. We must reduce our impact on the environment by efficiently using and reusing these resources. As a trading company involved in manufacturing, Toyota Tsusho considers it a vital mission to consider the environment and secure and stably provide resources.

To effectively use these limited resources, we will turn waste into resources. We will develop recycling businesses including recovery and processing of recyclable resources from scrap generated from end-of-life vehicles (ELVs), in the market, and at factories/plants, secure resources through urban mining, reuse used vehicles and parts, and recycle plastics, thereby contributing to a recycling-based society.

KPI

Quantitative KPIs

Volumes handled by the resource recycling business in the metals sector

Contens: Scrap collecting, recovering, and processing business, molten aluminum business, ELV recovery business, industrial waste processing business, and valuable metal scrap recycling business

Result for the fiscal year
ended March 31, 2024
6,800,000tons
Target for the fiscal year
ending March 31, 2025
7,600,000tons
Target for the fiscal year
ending March 31, 2027
9,000,000tons

Path to achieving the target for the fiscal year ending March 31, 2027

  • Increase in scrap collecting, recovering, and processing business and ELV recovering business due to the surging demand for recycled materials

Plastic recycling volume

 
PLANIC Co., Ltd.
Toyotsu PET Recycling
Systems Co., Ltd.
Result for the fiscal year
ended March 31, 2024
Equivalent to 140,000 vehicles*
Equivalent to 1.4 billion PET bottles
Target for the fiscal year
ending March 31, 2025
Equivalent to 320,000 vehicles
Equivalent to 1.8 billion bottles
Target for the fiscal year
ending March 31, 2027
Equivalent to 740,000 vehicles
Equivalent to 2.0 billion bottles

Path to achieving the target for the fiscal year ending March 31, 2027

  • Business growth in line with increased raw material procurement
  1. *Converted as raw material for vehicle underbody covers
Qualitative KPIs
Promotion of measures for the development of a recycling-based society
  • Establishment of a recycling scheme for car batteries
  • Recycling of aluminum (recycling scrap as raw material and establishment of Toyotsu Sorting Technology Corporation, which has sorting and processing technology, to expand horizontal recycling of aluminum sashes)
  • Participation in the waste fishing net recycling business as part of the PATCHWORKS® project, which aims to achieve fiber-to-fiber recycling of all clothing
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Contributing to the Development of a Recycling-based Society through Plastic Recycling
(Concept image)

Japan is one of the developed countries in producing and consuming large quantities of plastics.

PLANIC Co., Ltd., which is one of Japan's largest manufacturers of recycled plastic, is scheduled to begin full-scale operations in 2022. The company will produce high-quality recycled plastics utilizing used plastics from automobiles and home appliances, which are currently not effectively utilized, as raw materials as well as Japan's first advanced specific gravity sorting technology. In doing this, it will realize car-to-car recycling using automobile-derived mixed plastics as raw materials.

In the same year, Toyotsu PET Recycle Systems Co., Ltd., which conducts horizontal recycling of PET bottles, began full-scale operations. The company will contribute to the circular economy by converting waste PET bottles, which were previously destined for export overseas, into horizontal bottle-to-bottle recycling in Japan.

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Developing Agricultural Robots by Reusing Units from End-of-life Hybrid Electric Vehicles
Agricultural robot that is reusing a THS unit

Now that the automobile industry is said to have entered a once-in-a-century period of profound transformation, we must think about achieving a circular economy for next-generation automobiles. We are taking steps to apply the reverse-supply-chain framework we have been building to the life cycle of next-generation vehicles, as well.

We have built a "3Rs" (rebuild, reuse, recycle) framework for batteries and have been promoting its lateral deployment to reuse batteries in various applications that match their remaining capacity. In addition to onboard batteries, we have also been conducting demonstration tests to reuse Toyota Hybrid System (THS) units, especially their motors, in unmanned industrial machines such as agricultural sprayers and weed cutters.

We began these tests at a vineyard in Hokkaido in November 2020, with the goal of commercialization in several years.