Panasonic promises to reduce CO2 emissions by 300,000 tons
Trendwatch Brief

Panasonic promises to reduce CO2 emissions by 300,000 tons

Panasonic said that it has added ecological goals to its three-year-business plan put in place in April of this year. The company aims to reduce annual CO2 emissions by about 7.5% by 2010, cutting the CO2 output from its 294 manufacturing sites around the world from 3.98 million to 3.68 million tons.

The company believes that it can cut another 80,000 tons in the following year, bringing the output down to 3.60 million tons – which is level of CO2 emissions the company recorded for 2001.

Starting with fiscal year 2009, Panasonic said it will include CO2 emissions to its critical management indicators including sales, operating profit, inventory and return on capital “as a method of reinforcing its efforts to address climate protection.”