Panasonic Corporation Sustainability Profile
Panasonic Corporation, a leading multinational electronics company, is headquartered in Osaka, Japan. Founded in 1918, Panasonic has evolved into a global powerhouse, with significant operations across Asia, Europe, and the Americas. The company operates primarily in the consumer electronics, automotive, and industrial sectors, offering a diverse range of products and services. Renowned for its innovative technologies, Panasonic's core offerings include home appliances, batteries, and advanced imaging solutions. The company is particularly noted for its commitment to sustainability and energy efficiency, setting it apart in a competitive market. With a strong market position, Panasonic has achieved numerous accolades, including recognition for its contributions to smart home technology and electric vehicle systems.
DitchCarbon Score
How does Panasonic Corporation'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 Furniture 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 Corporation's score of 95 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Panasonic Corporation does not report specific carbon emissions figures. The company is a current subsidiary of Panasonic Holdings Corporation, which cascades its climate commitments and performance metrics. Panasonic Holdings Corporation has set various climate initiatives, including targets aligned with the Science Based Targets initiative (SBTi), but specific reduction targets or achievements for Panasonic Corporation itself are not detailed. Panasonic Corporation is committed to sustainability and reducing its carbon footprint, inheriting broader corporate climate strategies from Panasonic Holdings Corporation. These strategies include participation in initiatives such as CDP, RE100, and Climate Action 100+, which aim to enhance transparency and accountability in climate action. While specific emissions data is not available, Panasonic Corporation's alignment with its parent company's climate commitments indicates a focus on reducing greenhouse gas emissions across its operations. The absence of detailed emissions data suggests that Panasonic Corporation is in the process of developing or refining its reporting mechanisms to better track and communicate its environmental impact.
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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 | 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 |
How Carbon Intensive is Panasonic Corporation's Industry?
How Carbon Intensive is Panasonic Corporation's Location?
Panasonic Corporation's Scope 3 Categories Breakdown
Panasonic Corporation's Scope 3 emissions, which decreased by 2% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
Panasonic Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Panasonic Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
