Toyobo selected as a Supplier Engagement Leader for first time by CDP
Feb 25, 2022
Toyobo Co., Ltd. has been selected as a Supplier Engagement Leader – the highest ranking – in CDP’s*1 Supplier Engagement Rating assessment for the first time. CDP is a British not-for-profit organization that runs a global disclosure system on supply chain environmental impacts.
CDP’s Supplier Engagement Rating assessment evaluates a company’s engagement with their supply chains on climate change issues, based on their answers to a questionnaire on governance, targets, scope 3 emissions*2 and supply chain engagement. In 2021, CDP selected the top eight percent of about 500 companies, including 105 Japanese firms, as Supplier Engagement Leaders.
Toyobo believes CDP highly evaluated its endeavors in partnership with suppliers and clients to reduce environmental impacts and promote resource circulation in the entire corporate supply chain. Toyobo is making these efforts based on the Toyobo Group Fundamental Policy on the Global Environment and CSR Procurement Guidelines.
Based on its corporate philosophy of Jun-Ri-Soku-Yu (adhering to reason leads to prosperity), Toyobo aims to be a group that will “create the solutions needed by people and the earth with materials and science.” Going forward, the company will spearhead undertakings to address climate change together with its stakeholders, while contributing to solving social issues through its own technology and products.
|*1||Based on requests from institutional investors, corporations and organizations, CDP mainly asks corporations and local governments to disclose information on their environmental measures in such areas as climate change, water resource protection and forest preservation as a way to prompt them to take more effective measures.|
|*2||The amount of global warming gases emitted as the result of activities from sources not owned or controlled by the reporting entity, such those emitted in the transportation and distribution of raw materials and use and disposal of products.|
Toyobo Group’s sustainability-related activities
For more information, contact
Public Relations Group, Corporate Communication Department, Toyobo Co., Ltd.
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