Public Profile

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.

82

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.

2

Industry Benchmark

Panasonic's score of 82 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%

Panasonic's reported carbon emissions

In 2023, Panasonic reported total greenhouse gas 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 reflects the company's ongoing commitment to sustainability and climate action. Panasonic has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 90% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2019 as a baseline. Additionally, Panasonic is committed to reducing Scope 3 emissions from the use of sold products by 30% by 2030, also from a FY2019 baseline. Long-term, Panasonic has pledged to reach net-zero emissions across its value chain by FY2050. These commitments align with the Science Based Targets initiative (SBTi) and demonstrate Panasonic's dedication to addressing climate change and reducing its carbon footprint in the electronics sector.

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20202021202220232024
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

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 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. Panasonic is headquartered in JP, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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