Panasonic leads by example with its Green Impact vision

Image Source: https://www.greenbiz.com/article/panasonic-leads-example-its-green-impact-vision

Panasonic leads by example with its Green Impact vision

Panasonic leads by example with its Green Impact vision

Source: https://www.greenbiz.com/article/panasonic-leads-example-its-green-impact-vision

Author:  Tatsuo Ogawa

anasonic Green Impact plan involves tackling both our own emissions and encouraging others to decarbonize. Panasonic aims to reduce emissions across our value chain and our customers by more than 300 megatons (Mt) by 2050, as well as to foster new circular economy ventures. As an example of our progress toward that goal, in January Panasonic achieved net zero CO2 emissions at all 14 of our global automotive facilities.By measuring and monitoring data on our own emissions, developing new technologies and presenting customers with the means to be more sustainable themselves, we will reach our overall Green Impact vision. Bringing our emissions to net zero is our primary objective, and efficiency is key — as our market share goes up, so will our CO2 emissions. We will tackle our Scope 1 and Scope 2 emissions through clean manufacturing as a first step to achieving carbon neutrality by FY2030, and aim to decarbonize all our global manufacturing plants by then. In September 2021, Panasonic created a global taskforce to help accelerate the transition to zero CO2 factories by standardizing common practices and measurement across the enterprise. The taskforce’s areas of focus include energy-saving measures, expanding renewable energy use at each site and procuring renewable energy. The next stage of Panasonic’s Green Impact plan is to ensure that we also effectively impact avoided emissions through our existing businesses by over 38.3 Mt globally by FY2025. This concept quantifies how we contribute to reducing the emissions of others. To achieve this goal, we are developing new clean energy technologies in products and solutions including pure hydrogen fuel cells, air-to-water heat pumps, vacuum-insulated glass, EV batteries and other solutions we have not yet announced.