Since fiscal 2010, we have been implementing the ECO-VC Activity*2 Activity with our suppliers. This program is a collaboration between Panasonic and our suppliers, aimed to both reduce environmental impact as well as reinforce product capability and achieve further rationalization for our products and our suppliers. In fiscal 2010, the target for reducing environmental impact was limited to energy saving (CO2 emission reduction). However, this was extended in fiscal 2011 to Recyclingoriented Manufacturing aiming at saving resources and using recycled materials. The geographical range of our activities has also extended. Initially centered in Japan, actions accelerated to China and other parts of Asia in fiscal 2013, and later extended to a global scale in fiscal 2015.
We have stored case examples of ECO-VC Activity in a database for broader and effective use throughout the company.
At the same time, as for outstanding activities, we provide awards in occasions such as 'ECO-VC Activity award and information exchange meeting'.
Furthermore, we formulated an “Environment Vision 2050” in 2017 to achieve 'a better life' and 'a sustainable global environment' compatibly, aiming for societies where residents use clean energy and live a more comfortable lifestyle. Under the vision, through the development of products, technologies, and solutions relevant to energy creation, storage, saving, and management, Panasonic will work towards creation and more efficient utilization of energy which exceeds the amount of energy used.
Based on the Environmental Vision 2050, we plan to implement these ECO-VC Activities, which are aimed at long-term sustainability, through energy conservation (CO2 emission reduction) and cost reduction, resources conservation and recycled materials, with renewable energy as an additional evaluation item added in fiscal 2019.
*2 ECO-VC Activity: Value Creation Activities