The Paris Agreement that went into effect in November 2016 sets out a target to limit global temperature increases to less than 2°C above pre-industrial levels and a more ambitious target to keep global temperature increases to less than 1.5°C above pre-industrial levels, as well as sets the goal for CO2 and other greenhouse gas emission levels for the second half of this century to be virtually zero. To achieve these targets, it is essential to cut CO2 emissions to the greatest extent possible, and companies are required to make further contributions to reducing CO2 emissions.
Panasonic has introduced a unique indicator "size of contribution in reducing CO2 emissions" to accelerate emissions reduction, targeting both our products (for energy saving and energy creation) and production activities. The size of contribution in reducing CO2 emissions is defined as the amount achieved by deducting the actual emissions from the amount that would have been emitted without the improvements by the energy-saving performance of our products and productivity from fiscal 2006, and this amount is combined with the emission reduction resulting from power generation by energy-creating products. In other words, it reflects the continuous efforts being made to reduce CO2 emissions.
Panasonic will continue to maximize the size of contribution in reducing CO2 emissions.
We will improve the energy-saving performance of our products to reduce the energy consumed in using the products.The more energy-saving products are introduced and promoted, the size of contribution in reducing CO2 emissions will further increase.