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Toyota Tsusho (8015) · InitiativeAdvanced

Decarbonization Through Biofuels and Biomass Naphtha

First written in FY2022-Q1. 2 of 3 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2025-H1.

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ProgressHeldSoftenedWorseFirst statedFY2022-Q1AdvancedFY2024-Q3 – FY2025-H12021: 120212022: 020222023: 020232024: 22024
Same theme, other companies
Decarbonization of fuels and chemicals through biofuels and biomass naphthaA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AdvancedAnnual report

    「The Group will promote initiatives to reduce CO2 emissions through the local production and consumption of circular energy by refining waste cooking oil generated by in-store cooking at Seicomart's HOT CHEF outlets in Hokkaido into BDF.」

    In addition to supplying biodiesel fuel for vessels, the Group expanded into year-round use of BDF for airport service vehicles, using waste cooking oil from Hokkaido as feedstock.
  2. FY2024-Q3AdvancedAnnual report

    「To promote carbon neutrality in the shipping industry, the Group is supplying biodiesel fuel for vessels. It supplied the fuel to scheduled container vessels operated by Kambara Kisen Co., Ltd. in August and October 2023, and to an ocean-going vessel operated by Toyofuji Shipping Co., Ltd. in November of the same year. The biofuel supplied uses waste cooking oil collected from employee cafeterias and other facilities of Toyota Group companies as part of its feedstock, contributing not only to greenhouse gas reductions but also to the effective use of resources.」

    Following the 2021 supply trial, supplies were made to multiple vessels in August, October and November 2023. The use of waste cooking oil to promote resource circulation was also specified.
  3. FY2022-Q1First statedAnnual report

    「In June 2021, Toyota Tsusho Petroleum Private Limited conducted a trial supply of marine biodiesel fuel at the Port of Singapore for ocean-going vessels operated by Nippon Yusen Kabushiki Kaisha. With a view to the regular use of biofuels, the company will continue initiatives to switch vessels to alternative fuels. In May 2021, the company entered into a purchase and sale agreement with Finland-based biomass fuel supplier Neste Oyj and Mitsui Chemicals,Inc. for the procurement of biomass naphtha, with the aim of decarbonizing general-purpose plastics. It will promote the development of applications and creation of new markets for domestically produced biomass plastics in Japan.」

    Specific initiatives toward decarbonizing fuels and plastics were launched through a trial supply of marine biodiesel fuel and a biomass naphtha procurement agreement with Neste Oyj and Mitsui Chemicals,Inc.
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Toyota Tsusho's next results are scheduled for 2026-10-29. Read the earnings preview
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