Toray Group is actively expanding its Sustainability Innovation (SI) business to help realize the Four Perspectives of the World as Envisioned by the Group in 2050, which are outlined in the Toray Group Sustainability Vision (see table below).
As a growth area, the SI business is being promoted not only under the CSR Roadmap 2025, but also in the Group’s Long-Term Corporate Vision, which serves as its management policy, and in the Medium-Term Management Program, Project AP-G 2025. Under this program, KPIs have been set for SI business revenue as well as for avoided¹ CO₂ emissions and water filtration throughput contribution²—both quantified measures of the benefits that Toray Group products provide to the environment and society.

1. 1 Toray calculates the value chain CO₂ emissions reduced throughout the entire product lifecycle in accordance with the chemical sector guidelines of the Japan Chemical Industry Association, and the International Council of Chemical Associations (ICCA).
   In recent years, new calculation guidelines have been released by various organizations, and the Group is considering revision of its calculation method based on the updated standards.
2. 2 Water treated annually with Toray water treatment membranes. It is calculated by multiplying the amount of fresh water that the Toray membranes can produce per day, including reverse osmosis (RO), ultrafiltration (UF) and membrane separation bioreactors (MBR), by the number of membrane elements sold.

In fiscal 2024, consolidated revenue from the SI business totaled 1,368.9 billion yen, representing a year-on-year increase of 4.4%. While demand for wind turbine blade applications in the Carbon Fiber Composite Materials business continued to be affected by inventory adjustments, as in the previous fiscal year, this was offset by a recovery in products for aircraft applications within the same business, along with growth in products such as films made with recycled materials and resins for automotive use. Revenue from the SI business accounted for 53% of Toray Group’s consolidated revenue in fiscal 2024.

In fiscal 2024, Toray Group products helped to reduce CO₂ emissions in the value chain by 432.76 million tons (11.3 times higher than in fiscal 2013) and added 79.00 million tons of water filtration (2.9 times higher than in fiscal 2013).

1. * Figures in the circles above represent CO₂ emissions for the entire product life cycle.
   Source: Innovations for Greenhouse Gas Reductions, Japan Chemical Industry Association (JCIA)

To achieve global carbon neutrality, greenhouse gas emissions must be reduced across entire supply chains. Accordingly, there is a growing demand for product carbon footprint data to be made available and for carbon levels to be reduced. The Group is undertaking a succession of product footprint calculations and has begun providing data to some business partners.
As part of efforts to address global environmental issues, it is important for companies to consider the entire life cycle of their products and services when deciding how to reduce environmental impact, while enhancing economic and social value at the same time. Toray Group has long promoted product life cycle management (LCM). The Group’s aim is not only to achieve its own carbon neutrality, but to also help realize a carbon-neutral society through the reduction of greenhouse gas emissions across the entire supply chain.