Panasonic
Panasonic Corporation, commonly referred to as Panasonic, is a leading multinational electronics company headquartered in Osaka, Japan (JP). Founded in 1918, Panasonic has evolved into a global powerhouse, operating across various regions including North America, Europe, and Asia. The company is renowned for its diverse portfolio, which spans consumer electronics, automotive solutions, and industrial devices. With a commitment to innovation, Panasonic offers unique products such as advanced home appliances, energy-efficient batteries, and cutting-edge audiovisual equipment. The company has achieved significant milestones, including pioneering developments in sustainable technology and smart home solutions. As a prominent player in the electronics industry, Panasonic continues to enhance its market position through a focus on quality, reliability, and customer satisfaction.
DitchCarbon Score
How does Panasonic's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Panasonic's score of 94 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Panasonic's reported carbon emissions
In 2023, Panasonic Holdings Corporation reported total carbon emissions of approximately 129,209,000,000 kg CO2e, with emissions distributed across various scopes: 406,000,000 kg CO2e for Scope 1, 1,433,000,000 kg CO2e for Scope 2, and a significant 127,371,000,000 kg CO2e for Scope 3. The company has set ambitious targets to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. Panasonic aims to reduce its absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2019 as the baseline. Additionally, it plans to cut Scope 3 emissions from the use of sold products by 30% within the same timeframe. These commitments align with the Panasonic GREEN IMPACT (PGI) initiative, which seeks to achieve virtually net-zero CO2 emissions from its operations by 2030 and contribute to a reduction of over 300 million tons of CO2 by 2050, representing about 1% of the current global total emissions. The company has made significant strides in its emissions reduction journey, with a focus on both near-term and long-term goals. Panasonic's commitment to sustainability reflects its dedication to addressing climate change and reducing its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 390,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,930,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 104,289,000,000 | 000,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Panasonic is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
