The management philosophy of Panasonic is based on the belief of our founder, Konosuke Matsushita, who said: Since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society.” He also said that the role of a company, which is a public entity of society, is to contribute to the society, and therefore if the company’s activities destroy nature and take away people’s happiness, it would be like putting the cart before the horse.
Panasonic currently focuses on four business areas: consumer electronics, housing, automotive, and B2B, under the brand slogan “A Better Life, A Better World.” “A Better World” means to face various social challenges including environment, energy, and safety, aiming to contribute to realizing a sustainable society by resolving such challenges.
To date, Panasonic has executed the Environmental Action Plan “Green Plan 2018”, and has shown steady progress to achieve its targets. Meanwhile, with environmental and/or energy issues becoming more serious at a global level, the concern for such issues is increasingly growing in the international society, as can be proven by the Paris Agreement or SDGs (Sustainable Development Goals) by the United Nations.
Under these circumstances, we wish to help build a society with clean energy to realize both “a better life” and “a sustainable society” by making full use of our technologies in all of our business areas. The reasons why we focus on clean energy are because: (1) use of clean energy is developing at a global level; (2) this is an area where Panasonic can greatly contribute to with its businesses; and (3) many of our products consume power over a long period and our businesses create the most environmental impact in this area.
With such background, in 2017, Panasonic formulated the Panasonic Environment Vision 2050 (“Environment Vision 2050”), as a long-term vision for environmentally sustainable management.