Toyota Motor Philippines (TMP) is taking steps toward carbon neutrality by signing a Retail Supply Contract (RSC) with a local supplier, who will provide green-backed electricity that will lower TMP’s indirect emissions from manufacturing operations in its Santa Rosa, Laguna plant.
This move allows the mobility company to achieve a 100% Renewable Energy (RE) ratio, by supplying approximately 90% of the company’s total electricity needs. This complements the remaining RE sourced onsite from an existing 1.46-megawatt rooftop solar power system.
Team (Philippines) Energy Corporation, the retail electricity supplier, commenced 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 frontrunner and early achiever of 100% RE ratio target for Toyota in the ASEAN region,” he added.
Until year 2035, TMP is geared toward 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 2050.
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