Tosei Group publishes 2024 ESG report, reiterates 2050 net-zero target

SGX Filings
Dec 04, 2025

Tosei Group announced the release of its FY 2024 ESG Report on Nov, 28 2024.

The report reaffirms the company’s long-term objective of achieving net-zero Scope 1 and Scope 2 greenhouse-gas emissions by FY 2050 and a 50% reduction by FY 2030 against an FY 2022 baseline of 3,769 t-CO₂. FY 2024 Scope 1 and Scope 2 emissions totalled 3,261 t-CO₂, 13.5% below the FY 2022 level.

Energy-use intensity fell to 0.031 kl per square metre in FY 2024, a 3% year-on-year decline. Water-withdrawal intensity was 1.96 m³ per square metre, while waste-discharge intensity decreased 15% from the FY 2022 base to 7.04 kg per square metre.

Tosei also reported that 3,011 MWh of electricity used in FY 2024 was sourced from renewables, representing 37% of total Scope 2 electricity consumption. The company’s environmental real-estate certification coverage reached 49% of applicable floor space, up from 42% a year earlier.

On governance, all four Audit & Supervisory Board members and three of nine directors are independent, with overall board attendance exceeding 95% during FY 2024.

No fines or penalties related to environmental or anti-corruption violations were recorded during the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10