Contributing to society has been the management philosophy for the Panasonic Group ever since its founding, and we have been taking measures against pollution since the 1970s. We announced the Environmental management basic policy in 1991, and the Environmental Statement in 1993, clarifying our approaches to address global environmental issues as a public entity of society. Since then we have been carrying out initiatives including matters on global warming prevention and resources recycling corporate-wide, aiming to attain a sustainable, safe, and secure society.
After the completion of the Green Plan 2010 which was established in 2001, the Green Plan 2018 was established in 2010 to clarify our targets for fiscal 2019 (from April 1, 2018 to March 31, 2019) as well as an action plan for all employees in order to achieve the targets. The Green Plan 2018 will continue our initiatives in five areas: CO2 reduction, resources recycling, water, chemical substances, and biodiversity.
In 2013, we introduced a new brand slogan, "A Better Life, A Better World," aiming to realize a better life for all its customers, and is promoting environmental initiatives as an important element in achieving that goal. Based on this, the Green Plan 2018 was revised in 2013, followed by the newly-established Environmental Action Guideline.
Furthermore, in response to rising demand by the society for CO2 reductions following the 21st session of the Conference of the Parties (COP21) of the United Nations Conference on Climate Change, and to the need to make changes to our business structure, including growth in the automotive and B2B businesses, the Plan was revised again in 2016.
Additionally, we formulated the Environment Vision 2050 in 2017 to achieve "a better life" and "a sustainable global environment," aiming for a society with clean energy and a more comfortable lifestyle. Under the Vision, through the development of products, technologies, and solutions relating to energy creation, storage, saving, and management, we will work towards creation and more efficient utilization of energy which exceeds the amount of energy used.
We announced Green Plan 2021 in 2019, following completion of Green Plan 2018, with a focus on key issues for achieving the Panasonic Environment Vision 2050, and we have been working on the issues. On January 2022, we announced Panasonic GREEN IMPACT founded based on Panasonic Group's belief that the top priority action for the entire Group should be focused on global environment issues including climate change, which is a pressing task for the entire world.
The Panasonic GREEN IMPACT is the result of a shift from the Panasonic Environment Vision 2050, with the aim of achieving carbon neutrality together with creating impacts from actions (ACT) that reduce CO2 emissions from Panasonic Group as well as from various sectors of the society. To achieve Panasonic GREEN IMPACT, we are working on initiatives under our newly developed GREEN IMPACT PLAN 2024.