May 22, 2023
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Jul 13, 2022
Company / Press Release
Osaka, Japan - Panasonic Holdings Corporation today announced the release of its GREEN IMPACT PLAN 2024 (GIP2024). The plan will serve as a milestone toward the 2050 targets laid out in the company's long-term environmental vision, Panasonic GREEN IMPACT (PGI).
Under the banner of this long-term environmental vision, the Group hopes to contribute to both the well-being of people and society as well as a sustainable global environment. It is engaged in various activities towards reducing CO2 emissions from its own operations to virtually net-zero by 2030 and to contribute to a total of 300 million tons (Mt)*1 or more in avoided emissions by 2050, about 1%*2 of the current total global emissions of 33 billion tons.
As a milestone toward achieving the goals established for 2050 and reaching the targets made for 2030 (FY2031), the GIP2024 sets out concrete actions to be completed by 2024 (FY2025). It aims to reduce CO2 emissions in the Group's value chain (VC) and seeks to contribute to lowering CO2 emissions in Scope 1, 2 and 3 as well as increasing avoided emissions in wider society.
The Panasonic Group understands its responsibility in working towards solving the urgent issue of climate change collectively. Through the accumulation of our efforts ("ACTs"), it will work alongside society to achieve carbon neutrality by expanding the impact of its contributions to CO2 emission reductions.
Corporate PR Center, Panasonic Operational Excellence Company
A global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. Founded in 1918, the Group is committed to enhancing the well-being of people and society and conducts its businesses based on founding principles applied to generate new value and offer sustainable solutions for today's world. The Group reported consolidated net sales of 7,388.8 billion yen for the year ended March 31, 2022. Devoted to improving the well-being of people, the Panasonic Group is united in providing superior products and services to help you Live Your Best. To learn more about the Panasonic Group, please visit:https://holdings.panasonic/global/
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