We will strive to achieve net zero CO₂ emissions in our own value chain, along with the effect of the broader decarbonization of society¹.

We are committed to achieving substantial carbon neutrality by FY2031 across all our group factories, including emissions during production of components and materials, as well as emissions during product usage, to reduce all CO₂ emissions from our business activities to net zero levels.

¹The “decarbonization of society” refers to the improvement in the CO₂ emission coefficient of electricity as various power supply operators progress in their decarbonization efforts.

In January 2019, Panasonic Eco Technology Center (PETEC), our home appliance recycling facility, became our first zero CO₂ factory. Through adopting solar power systems, sourcing electricity from renewable energy, and offsetting fossil fuel-derived CO₂ emissions under the Japan Credit Scheme, PETEC successfully attained net zero CO₂ emissions.

At our Panasonic Energy Wuxi (PECW) factory in China, CO₂ emissions were reduced to net zero in fiscal 2022. This was facilitated by introducing energy-saving measures and solar power systems, and by procuring renewable energy. In February 2022, PECW launched a demonstration experiment using pure hydrogen fuel cell generators to supply the facility with both electricity and heat.