In line with its commitment to the net-zero climate impact and to reaching Panasonic Environment Vision 2050, the brand has announced PANASONIC GREEN IMPACT initiative globally.
The initiative aims to contribute to society-wide reductions in CO2 emissions by switching customers to energy-saving products and supplying energy-saving solutions and green energy technologies to B2B/B2G customers.
Climate change is a defining issue that requires immediate action to help build a more sustainable and inclusive future.
While it may seem that the impact is a slow burn and a direct effect rarely felt, climate change is still a severe threat that could endanger lives on earth. In fact, CO2 emissions continue to increase.
In 2021, global emissions increased by nearly 5% over the previous year. According to a report published by Nature Reviews Earth & Environment, the world now has a 66% chance of surpassing 1.5°C of global warming over pre-industrial levels within the next decade.
Panasonic GREEN IMPACT Initiative
Hiroyuki Shibutani, Managing Director, PMMAF said: “As Panasonic, we are now focused on achieving a global CO2 emission of net-zero by 2030 across the entirety of our business operations.
"Around the world, it is estimated that more than 1 billion customers using Panasonic products every day create 86 million tons of CO2 emissions based on electricity consumption figures.
"This amounts to approximately 110 million tons of CO2 emissions across our entire value chain, a number that is equivalent to about 1% of total emissions from global electricity consumption.
"Thus, it is Panasonic's duty to reduce these emissions as they have an enormous impact on our planet. The GREEN IMPACT policy will make Panasonic better in the coming future and thus help us manner a more sustainable future for the coming generations."
Panasonic factories located in the various parts of the world use renewable energy for power, and have energy-efficient fixtures and smart lighting, and HVAC system.
Meanwhile, in the regions such as the middle east, where the brand doesn’t have production facilities, it continues to provide energy-efficient products helping to reduce the impact by Panasonic customers.
By 2050, Panasonic Group aims to create impact that reduces CO2 emissions by more than 300 million tons*1, or about 1% of the current total global emissions*2
*1 300 million tons calculated with 2020 emission factors
*2 33.6 billion tons of energy-related CO2 emissions in 2019 (Source: IEA)
Lithium-Ion Batteries for Electric Vehicles
Critical to the achievement of a carbon neutral society is the popularization of environmentally friendly vehicles.
Panasonic is leveraging its battery technology and production know-how cultivated over many years to strengthen its competitiveness (on battery capacity, cost and supply capability) in the development and mass production of lithium-ion battery packs for electric vehicles (EV).
RE100 Solutions
RE100 Solutions is Panasonic's initiative to power energy consumption across its entire operations with 100% renewable energy generated in-house utilizing combined technologies of pure hydrogen fuel cells, solar cells, and storage batteries.
Contributing to a Circular Society
Also, critical to resolving the Earth's environmental issues are efforts to create a circular society. Panasonic's initiatives are not dependent on the consumption of natural resources; Panasonic is working towards reduced CO2 emissions throughout the product lifecycle based on the concept of a circular economy for sustainable growth.
Panasonic is working to develop technologies for the efficient collection and recycling of these kinds of resources, while also minimizing resource investment at the manufacturing stage and improving quality across every process in the resource cycle.
"Panasonic GREEN IMPACT represents an extremely important component of that mission. The brand stands as one to take on the challenges for people today and for future generations," the company stated.