NEWS RELEASE
Sustainability
March 29, 2024

TOTO Obtains 1.5°C Target Certificationfrom the SBT Initiativefor its 2030 Greenhouse Gas Reduction Target
TOTO LTD. (Headquarters: Kita-Kyushu-shi, Fukuoka Prefecture; President: Noriaki Kiyota) has obtained
certification from the international group SBT Initiative*1 acknowledging its 2030 greenhouse gas
reduction target aimed at limiting the average increase in global temperatures due to climate change
to 1.5°C of pre-industrial levels. Note that in 2021, the TOTO Group was certified for a target "well below
the 2°C level" (WB2°C).
TOTO Group has been diligently working to reduce its CO2 emissions, to aiming to realize a sustainable,
carbon-neutral society by 2050. TOTO will implement various measures to decrease CO2 emissions(Scope 1 and 2) from its business sites. These measures include enhancing energy-saving
initiatives, upgrading large equipment, and expanding the adoption of renewable energy. TOTO aims
to transition to using 100% renewable energy for electricity by 2040. In addition, to reducing CO2 emissionsat its business site, TOTO is committed to addressing emissions generated during the use of its
products (Scope 3 Category 11). To achieve this, TOTO will work to further improve environmental
performance and promote the global uptake of its "Sustainable Products" line of unique plumbing
products that balance cleanliness and comfort with protecting the environment, with the aim ofachieving its 1.5°C target.
In TOTO WILL2030, the New Shared Value Creation Strategy, the TOTO Group will position cleanlinessand comfort, the environment and relationships as key materiality issues to be addressed as it strives topractice sustainability management. Through these initiatives, TOTO will also solve social issues andachieve economic growth while contributing to the United Nations' Sustainable Development Goals (SDGs).

*1. The Science Based Targets (SBT) Initiative is an international environmental initiative jointly established in 2015 by fourgroups, CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature(WWF) with the aim of promoting the achievement of science-based greenhouse gas emission reduction targets to restrict
the rise in temperatures to less than 2ºC compared prior to the Industrial Revolution.

The greenhouse gas reduction targets certified by the SBT Initiative are as follows.
⚫
⚫

CO2 emissions from offices (Scope 1 and 2*2): 47.5% reduction from FY2021 levels by 2030.
CO2 emissions during product use (Scope 3, Category 11*3): 25% reduction from FY2021 levels by2030.

*2. Scope 1: Direct emissions from the use of fuels by the company itself
Scope 2: Indirect emissions accompanying the use of electricity purchased from outside sources*3. Scope 3: Indirect emissions throughout the value chain except for Scope 1 and Scope 2 emissions (in TOTO's SBT
targets, this applies to product lines that directly consume electricity in category 11, the "use of sold products")

Sustainability Initiatives
Integrated Report 2023

https://jp.toto.com/company/profile/library

The TOTO Group's sustainability activities

https://jp.toto.com/company/csr
https://jp.toto.com/company/csr/csractivity/

Water, Earth and a Better Tomorrow

New Shared Value Creation Strategy TOTO WILL2030
Cleanliness and Comfort

The Environment

Relationships

The New Shared Value Creation Strategy, TOTO WILL 2030, will simultaneously realize
environmental, social and economic value. In it, we have established the materiality issues ofcleanliness and comfort, the environment and relationships, that we will work on to integratemanagement and CSR and contribute to the achievement of the United Nations' Sustainable
Development Goals (SDGs).

https://jp.toto.com/company/profile/philosophy/managementplan2