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Electrical Machinery Manufacturing
JP
updated 2 days ago

Panasonic

Company website

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.

100

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.

29

Industry Benchmark

Panasonic's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

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Panasonic's reported carbon emissions

In 2024, Panasonic Holdings Corporation reported total greenhouse gas emissions of approximately 126,518,000,000 kg CO2e. This figure includes Scope 1 emissions of about 316,000,000 kg CO2e, Scope 2 emissions of approximately 1,207,000,000 kg CO2e, and a significant Scope 3 contribution of around 124,995,000,000 kg CO2e. The total emissions from Scopes 1 and 2 combined reached about 1,465,000,000 kg CO2e. Panasonic has set ambitious climate commitments, aiming for net-zero emissions across all scopes by fiscal year 2050. Specifically, the company targets a 90% reduction in absolute Scope 1 and 2 emissions by 2030, using FY2019 as a baseline. Additionally, Panasonic aims to reduce Scope 3 emissions from the use of sold products by 30% by 2030, also compared to FY2019 levels. These targets are part of Panasonic's broader Environmental Vision 2050, which includes a commitment to achieve net-zero emissions from all business activities (Scopes 1, 2, and 3) by fiscal year 2031. The company has also pledged to reduce its total GHG emissions from all operating companies and business divisions to net-zero by 2030 for Scopes 1 and 2. Panasonic's emissions data and reduction targets are not cascaded from any parent organization, as the company operates independently in this regard. The commitments align with industry standards and reflect Panasonic's dedication to sustainability and climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
46,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
195,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
8,100,300,000
0,000,000,000
000,000,000,000
-
00,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Panasonic's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Panasonic is in JP, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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