Frequency of calculating CO2 emissions reduction due to adoption of Green Innovation products, using new LCA analysis and guidelines for calculating avoided greenhouse gas emissions
Reporting scope :Toray Group
Fiscal 2016 target:
At least 6 times per year
In addressing global environmental issues, it is vital to consider the entire life cycle of products and services in order to reduce environmental impact while also delivering improved economic and social value. To this end, the Toray Group practices life cycle management. Life cycle management is the basis for Toray's Green Innovation products, and the Group has adopted life cycle assessment1 and the Toray Eco-Efficiency Analysis (T-E2A)2 tool and is working to ensure these are employed thoroughly in all of its businesses.
- 1 Life cycle assessment is a method for quantitatively assessing the resources that have gone into a product and the impact the product
- 2 T-E2A is an environmental analysis tool developed by Toray. It produces a map of multiple products plotted along the axes of environmental impact and economic performance, enabling users to select the most environmentally friendly and economical products.
Toray's Life Cycle Management Approach