*CO2 emissions from energy use in 2019: 33.6 billion tons (source: IEA); 300 million tons is calculated using 2020 emission factors.
In 2017, the Panasonic Group committed to using less energy than the energy created in our Environmental Vision 2050 but the effects of climate change have become increasingly apparent. We re-examined our goals and recognizing the urgency of tackling climate change, we have presented our goals for 2050 in terms of our contribution to CO2 emissions reduction.
In May last year, the Panasonic Group committed to achieving virtually net-zero CO2 emissions at all of our operating companies by 2030 under Scope 1 & 2 emissions (GHG Protocol-based classification). We are doing everything in our power to reach this goal.
We set an ambitious goal for 2050: reducing CO2 emissions by more than 300 million tons. This is what we aspire to contribute to our future together and is closely tied to the Panasonic Group's principle of striving toward realizing an ideal society where we live in material and spiritual abundance. I do not know whether I will still be alive in 30 years' time but the advancement of climate change must be halted considering its potential impact on our children and grandchildren. With most of our businesses focused on electrical products and the switch to renewable energy sources already gathering momentum, it may seem like there is little we need to do. However, we intend to take our future and our responsibility against climate change seriously. We have therefore specified our goals in terms of our CO2 emissions contribution by 2050 and will examine every way to achieve these.