'We are working closely with our suppliers and customers on the road to net zero. Together, we can build resilient supply chains and minimise risks. Collaboration with others helps us develop innovative ideas, go beyond compliance and stay humble.’
Ernesto Domínguez
President and CEO, Toyota Material Handling Europe
While progress on sustainability has been made - and we will be taking significant steps forward this decade - we know that we have much more work to do. We are nevertheless grateful for what we have achieved thus far, alongside our stakeholders. We set out to keep on leading our industry. We are committed to meeting and surpassing global climate objectives, creating successful workplaces promoting wellbeing, and driving improved governance.
Our 2023 Sustainability Report follows the structure of the European Sustainability Reporting Standards, or ESRS - a new framework for large EU companies. Though not yet mandatory, we wanted to be frontrunners by reporting in line with ESRS before we will be legally obliged to do so. This approach helps us identify any gaps and lets us mature our sustainability materiality process. We have identified the issues that matter most to our business and stakeholders and prioritise actions. We report on the achievements, our work points and targets in a 'light' version of our sustainable development report intermediately. Read more in our 2024 Sustainability Status Report.
We continuously challenge ourselves to be part of the solution and lead on climate action, we collaborate with stakeholders and act responsibly to minimise our environmental impact. In support of our ambition to decarbonize, SBTi has approved our science-based targets aimed at reaching net zero across scope 1, 2 & 3 by 2041.
We care about the people working for us, for our suppliers and for our customers. We have set health, safety & wellbeing as a top priority since joining EU-OSHA as a campaign partner in 2010. In October 2024 we updated our Diversity, Equity & Inclusion (DE&I) policy to ensure equal opportunities for all.
Ensuring we have the right policies, processes and an ethical business culture established across our organisation and our value chain is critical. With a new set of sustainability criteria for suppliers – based around EcoVadis - we aim to operate openly and transparently and raise our standards.