Oct 07, 2022

Panasonic Holdings Joins WBCSD (World Business Council for Sustainable Development)

Panasonic Holdings Corporation (hereafter referred to as PHD) has joined the World Business Council for Sustainable Development (Headquarters: Geneva, Switzerland, hereafter referred to as WBCSD), which conducts research and advocacy on economic, environmental and social issues with the aim of realizing a sustainable future.

Panasonic Group has established a long-term environmental vision, Panasonic GREEN IMPACT (hereafter referred to as PGI), aiming to achieve both a "better life" and a "sustainable global environment". Under this vision, the group is engaged in business activities with the aim of reducing CO₂ emissions from its operations to net zero by FY2031 and creating impact that reduces CO₂ emissions by more than 300 million tons^*1, or about 1% of the current total global emissions^*2 by 2050.

WBCSD is a global organization of about 200 leading companies aiming for sustainable development, working together to contribute to the transition to a sustainable society. It is currently working together with governments, NGOs and international organizations around the world to address issues related to sustainable development.

PHD has joined WBCSD in order to accelerate the group's PGI activities, sympathizing with the philosophy of the transition to the global sustainable society that WBCSD is aiming for.

Moving forward, Panasonic Group will contribute to the resolution of social issues and the realization of a sustainable society through our activities with the WBCSD project.

*1: CO₂ emissions factors are based on 2020 standards
*2: Energy-derived CO₂ emissions in 2019: 33.6 billion tons (Source: IEA)

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