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 99 is higher than 99% 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 2024, Panasonic reported total greenhouse gas emissions of approximately 126,518,000,000 kg CO2e, with emissions distributed across Scope 1 (316,000,000 kg CO2e), Scope 2 (1,207,000,000 kg CO2e), and Scope 3 (124,995,000,000 kg CO2e). This represents a slight decrease from 2023, where total emissions were about 129,209,000,000 kg CO2e. The company has set ambitious targets to achieve net-zero emissions for Scope 1 and 2 by 2030, as part of its broader Environmental Vision 2050. Panasonic's commitments include a 90% reduction in absolute Scope 1 and 2 emissions by 2030, compared to a fiscal year 2019 baseline, and a 30% reduction in Scope 3 emissions from the use of sold products by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Panasonic's commitment to sustainability and climate action. The company aims to achieve net-zero emissions across all scopes by fiscal year 2050, with a significant focus on energy-efficient technologies and renewable energy sources. Panasonic's strategy includes reducing emissions from its factories and overall value chain, contributing to a broader impact on global CO2 emissions reduction. Overall, Panasonic's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, with clear targets and a commitment to sustainability in its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 46,000,000 | 00,000,000 | 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
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.
