In its bid towards carbon neutrality, the leading mobility company and
automotive manufacturer, Toyota Motor Philippines Corporation (TMP), has
signed a Retail Supply Contract (RSC) with a local supplier to provide
green-backed electricity for its manufacturing operations. Such a move
allows TMP to achieve 100% Renewable Energy (RE) ratio by supplying
approximately 90% of the Company's total electricity requirement,
complementing the rest of RE sourced onsite from an existing 1.46-megawatt
rooftop solar power system.
Team (Philippines) Energy Corporation - the retail electricity supplier -
will commence its supply to TMP on December 26, 2023. Based on the RSC,
every megawatt hour will be backed by an International Renewable Energy
Certificate or I-REC(E), which verifies its sourcing from a domestic RE
plant.
"This energy transition will neutralize TMP's Scope 2 Emissions,
particularly the indirect carbon dioxide emissions from purchased
electricity for manufacturing operations," TMP president Atsuhiro Okamoto
remarked.
"Such is a significant milestone for TMP and its mission to address climate
change, making its automotive manufacturing plant in Santa Rosa City,
Laguna the front-runner and early achiever of 100% RE ratio target for
Toyota in the ASEAN region."
Until year 2035, TMP is geared towards decarbonizing the rest of its energy
sources for manufacturing, particularly for petrol-type generators, ovens
and boilers for painting processes.
In 2020, Global Toyota set its target for all its manufacturing plants to
be carbon-neutral by 2035 under the Company's overall Net Zero commitment,
better known as the Toyota Environmental Challenge (TEC) 2050.
Life Cycle Action
In pursuing carbon neutrality, Toyota not only sets its eyes on expanding
options of accessible electrified vehicles for diversified customers but
also on reducing the environmental impact of the automotive industry's
value chain through appropriate life cycle actions. Toyota actively engages
its supply chain, logistics and dealer networks in decarbonization.
Doing their part in tackling the TEC 2050 in the Philippines, local Toyota
suppliers and dealers have followed TMP's lead and implemented energy
efficiency and RE initiatives. To date, several companies also have
undertakings to achieve 100% RE ratio, either by investing in onsite solar
power facility and or procuring RE through the Philippine government's
Green Energy Option Program or GEOP. These companies include Denso Ten
Philippines Corporation, Hino Motors Philippines Corporation, Denso
Philippines Corporation, and International Wiring Systems Philippines for
suppliers, as well as Toyota Global City, Toyota Mabolo City, and Toyota
Pasong Tamofor dealers.
In terms of compliance with strict environmental standards, Toyota
suppliers and all established Toyota dealers nationwide (including Lexus
Manila) are certified under ISO 14001, as part of Toyota environmental
management systems' (Toyota Green Purchasing Guidelines and Asia Pacific
Eco-Dealership Program) mandates.
TMP is the distributor of Toyota and Lexus vehicles in the Philippines and
the largest manufacturer of local models, presently the Vios and Innova.
The Company is also spearheading its new Completely Knocked Down (CKD)
model, the forthcoming Toyota IMV 0 (Zero) or "Next Generation Tamaraw,"
the prototypes of which were unveiled to the public in August 2023.