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#Textile chemistry

Toray receives top MSCI ESG rating

Toray Industries, Inc., announced today that it has become the sole commodity chemicals company among the 50 assigned an MSCI ESG Rating (see note 1) to obtain a coveted AAA. 

This achievement is testament to Toray’s progress in deploying carbon dioxide emissions reduction and other climate change measures, developing eco-friendly technologies and commercializing products employing them, and managing water resources.


MSCI Inc. states that MSCI ESG Rating “measures a company’s resilience to long-term, industry material environmental, social and governance (ESG) risks.” It compares companies with peers worldwide on that basis, and assigns leader (AAA, AA), average (A, BBB, BB), and laggard (B, CCC) ratings. In Japan, just 15 companies from all industries have AAA ratings.

In keeping with its corporate philosophy of contributing to society by creating new value with innovative ideas, technologies, and products, Toray strives relentlessly to create advanced materials that help resolve key social issues.

The company will continue to help materialize the United Nations’ Sustainable Development Goals and the Paris Agreement’s objectives.

The company is endeavoring under the Toray Group Sustainability Vision, formulated in July 2018, to contribute to the following for the world by 2050: 

1. A net zero emissions world, where greenhouse gas emissions are completely offset by absorption

2. A world where resources are sustainably managed

3. A world with a restored natural environment, with clean water and air for everyone

4. A world where everyone enjoys good health and hygiene




Corporate Social Responsibility is a top management priority for Toray. As well as helping resolve social issues through business, the company tackles such ESG challenges as safety, accident prevention, environmental preservation, ethics, and compliance.

Toray will keep disclosing information appropriately in serving its diverse stakeholders.

Notes

1. MSCI is a financial services company based in New York City. It is listed on the New York Stock Exchange and provides a range of critical decision support tools and services for public pension funds, asset management firms, hedge funds, and other institutional investors around the world.

The MSCI website is:

https://www.msci.com

2. The use by Toray Industries, Inc., of data, logos, trademarks, service marks or index names from MSCI ESG Research LLC or its affiliates (MSCI) does not constitute MSCI’s sponsorship, endorsement, or promotion of Toray. MSCI’s services and data are the property of MSCI or its information providers, and are provided “as is” without any representation or warranty of any kind. The MSCI name and logo are trademarks or service marks of MSCI.



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#Man-Made Fibers

Toray develops AURLIST™ polyester filament fiber with luxurious luster and ultra-fine structure

Toray Industries has developed AURLIST™, a new polyester filament fiber designed to combine luxurious luster, soft loft and a subtle fibrillated surface texture. The company primarily targets applications in women’s apparel such as tops, bottoms and dresses.

#Recycling / Circular Economy

Toray develops recycling technology that retains carbon fiber strength and surface quality

Toray Industries, Inc., announced today that it has developed a recycling technology that can decompose diverse carbon fiber reinforced plastics (CFRP) made from thermosetting resins while retaining the strength and surface quality of those fibers. The company drew on this technology to create a nonwoven fabric employing recycled carbon fibers.

#Composites

HEAD launches more sustainable(1) BOOM RAW racquet on Earth Day by using Toray’s bio-circular carbon fibers

HEAD continues to innovate with the launch of the BOOM RAW tennis racquet, an encouraging development in the search for a more sustainable future for racquet sports. All of the carbon fibers are bio-circular carbon fibers in the limited-edition and highly innovative BOOM RAW racquet, which offers the same explosive power - along with the same fun, feel and easy playability - as the regular, in-line BOOM racquet. The bio-circular carbon fibers are manufactured by Toray and its subsidiary Toray Carbon Fibers Europe.

#Recycling / Circular Economy

Companies in Japan initiate demonstration to expand the automotive recycling process

DENSO CORPORATION and other partners have been chosen by an industry-government-academia collaborative project aiming to expand the recycle content for automobile in the fiscal year 2023 supported by Ministry of the Environment, Japan.

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#Techtextil 2026

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#Techtextil 2026

BASF at Techtextil 2026: Helping to shape the future of the textile industry with tangible solutions

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#Techtextil 2026

CHT Group to showcase intelligent specialty chemical solutions at Techtextil 2026

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#Techtextil 2026

Covestro to exhibit solutions for a more sustainable and productive textile industry at Techtextil 2026

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#Denim

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#Denim

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#Techtextil 2026

Asahi Kasei Advance to showcase high-performance non-woven and fibers at Techtextil 2026

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#Texprocess 2026

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