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.
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 87 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Panasonic reported total carbon emissions of approximately 129,209,000,000 kg CO2e, comprising 406,000,000 kg CO2e from Scope 1, 1,433,000,000 kg CO2e from Scope 2, and a significant 127,371,000,000 kg CO2e from Scope 3 emissions. This represents a commitment to reducing its carbon footprint across all scopes, with a focus on achieving net-zero emissions by 2050. Panasonic has set ambitious near-term targets, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using a 2019 baseline. Additionally, the company plans to reduce Scope 3 emissions from the use of sold products by 30% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. The company is also striving for virtually net-zero CO2 emissions from its operations by 2030, contributing to a broader goal of reducing global CO2 emissions by over 300 million tons by 2050. Panasonic's commitment reflects its dedication to sustainability and climate action, positioning itself as a leader in the consumer durables sector in Japan and globally.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.