CSR Guidelines & Activity Reports

Contributing Solutions to Social Issues through Business Activities

Value Creation

Leverage innovation to address global-scale environmental issues such as climate change and provide solutions for various social issues such as the need to improve the quality of medical care, the need to reduce the burden on medical staff, and health maintenance and longevity, thereby helping to build a more sustainable world.

Basic Approach

Global environmental issues continue to escalate, marked by climate change, rising CO2 concentrations, and population growth-induced water shortages and resource depletion. More than seven billion people live on Earth, a number that is expected to surpass 10 billion by 2050. Meanwhile, developed countries as well as many emerging countries are expected to face rapid population aging, as average lifespans increase and birthrates decline. In the world of the 21st century, the most critical shared challenges are to resolve global-scale environmental issues and to provide healthcare that helps people lead healthy, independent lives, which involves delivering high-quality medical care that reduces the burden on both patients and medical staff.

Under the medium-term management program, Project AP-G 2016, Toray Group implemented the Green Innovation Business Expansion Project (Green Innovation Project) and the Life Innovation Business Expansion Project (Life Innovation Project) to expand business in growth sectors. The Group established the Global Environment Business Strategic Planning Department and the Life Innovation Business Strategic Planning Department to oversee the Green Innovation Project and Life Innovation Project, respectively, with the meetings that board members attend and by other bodies following up on the progress made. The Group is continuing to implement these group-wide projects, which are overseen directly by the president, under the new medium-term management program, Project AP-G 2019, which was launched in fiscal 2017.

In the Green Innovation Project, Toray Group aims to facilitate the transition to a sustainable and recycling-oriented society, based on its stated commitment to management that prioritizes responsibility for the global environment. The Group is endeavoring to help address resource, energy, and global environmental issues with its Green Innovation approach. For example, the Group is leveraging innovative weight-reducing materials and energy-efficient processes to help reduce greenhouse gas emissions, and utilizing technology integration to further advance R&D for non-fossil materials.

To address social issues in the medical and healthcare field, Toray Group has established its Life Innovation business, which focuses on helping to improve the quality of medical care and reduce the burden on medical staff, as well as to contribute to health maintenance and longevity. Under the Life Innovation Project, the Group has identified the products and services that are important in expanding the business group-wide.

Structure

For more information on the structure for implementing the Green Innovation and Life Innovation projects, please visit the links for the related topics in the Activity Reports below.

CSR Road Map Targets and Results

Help address social issues by developing innovative materials and new technologies, focusing on the fields of Green Innovation and Life Innovation

[Related material issues for CSR]

  • Contributing to the solution of environmental issues through business activities
  • Contributing to health maintenance and longevity through business activities
  • Initiatives for managing water resources
■KPI
Sales of Green Innovation products
■Reporting scope
Toray Group
■Fiscal 2019 Target
900.0 billion yen

Fiscal 2018 Result

786.9 billion yen

■KPI
Sales of Life Innovation products
■Reporting scope
Toray Group
■Fiscal 2019 Target
270.0 billion yen

Fiscal 2018 Result

223.0 billion yen

■KPI
Contribution of Toray water treatment products (converted to treated water amount) (tons/day)
■Reporting scope
Toray Group
■Fiscal 2019 Target
59.0 million tons/day

Fiscal 2018 Result

46.8 million tons/day

Looking to the Future

In fiscal 2018, the Green Innovation Project generated consolidated net sales of 786.9 billion yen. The CO2 emissions avoided by using Toray Group products increased due to business growth. The Group will continue to help address resource, energy, and global environmental issues through Green Innovation businesses.

In fiscal 2018, the Life Innovation Project generated consolidated net sales of 223.0 billion yen. Moving forward, Toray Group will continue to leverage its strengths in advanced materials in Life Innovation fields. In the Pharmaceuticals & Medical Products Business, the Group will accelerate its entry into new fields such as diagnostic medicines.

Activity Reports

Click below on activity reports for fiscal 2018