Panasonic Corporation, commonly referred to as Panasonic, is a leading multinational electronics company headquartered in Japan (JP). Founded in 1918, Panasonic has evolved into a key player in the consumer electronics, automotive, and industrial sectors, with significant operations across Asia, Europe, and North America. The company is renowned for its innovative core products, including home appliances, batteries, and advanced automotive solutions, which are distinguished by their quality and sustainability. Panasonic's commitment to eco-friendly technology has positioned it as a frontrunner in the green energy market, particularly with its developments in solar energy and energy storage systems. With a rich history of milestones, including the introduction of the first-ever electric rice cooker, Panasonic continues to achieve notable recognition for its contributions to technology and design, solidifying its status as a trusted brand in the global marketplace.
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.
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.
Panasonic's score of 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Panasonic Holdings Corporation reported total greenhouse gas emissions of approximately 129,209,000,000 kg CO2e. This figure includes 40,180,000 kg CO2e from Scope 1 emissions, 319,520,000 kg CO2e from Scope 2 emissions, and a significant 127,371,000,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as the use of sold products (95,029,000,000 kg CO2e) and purchased goods and services (21,543,000,000 kg CO2e). Panasonic has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2019 as a baseline. Additionally, it aims to cut Scope 3 emissions from the use of sold products by 30% within the same timeframe. These commitments reflect Panasonic's dedication to sustainability and align with industry standards for climate action, demonstrating a proactive approach to mitigating climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 39,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 193,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 10,428,900,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 |
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 committed to some reduction initiatives 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.