While the global attention being paid to the social issues surrounding the environment and energy is intensifying, the focus on the Sustainable Development Goals (SDGs) set by the United Nations and the Paris Agreement—through which a number of countries allied together to work towards global warming prevention—indicates the seriousness of these issues worldwide.
In the UN Climate Action Summit 2019, held in September 2019, companies, civic groups, and the national and local governments of various countries discussed actions to take preventive measures for global warming. As the closing remarks of the summit appealed to companies to take more ambitious actions and the like against climate change, society's expectations for the role of companies in resolving global social issues are now increasing more than ever.
Aware that society's expectations of the role of corporations in resolving these global social issues is rising, Panasonic formulated the Panasonic Environment Vision 2050 in 2017 to determine our own initiatives in responding to the expectations and requests from our stakeholders.
The Environment Vision 2050 was formulated to promote activities for reducing the amount of energy to use, and creating and utilizing clean energy whose amounts exceed the amount of the "energy used" at the same time, aiming for increasing the number of societies where residents use clean energy and live a more comfortable lifestyle to realize 'A better life' and 'Sustainable global environment' compatibly.
At formulating the Environment Vision 2050, the total amount of the "energy created" (clean energy that is created and/ or made available through Panasonic products and services, including photovoltaic power generation systems, storage batteries, and energy solutions) remained approximately one-tenth of the amount of the "energy used" (the energy used in our business operations such as in production and the "energy used" by our products at customers sites).
To realize their Environmental Vision, we will reduce the amount of the "energy used" as much as possible through development of technologies that will improve the energy-saving performance of our products, and innovations to our manufacturing processes. At the same time, we will increase the amount of the "energy created", by increasing opportunities to utilize clean energy through expansion of our energy-generation and storage businesses as well as contribution to building new social systems such as building a hydrogen society.
Through these efforts, Panasonic will endeavor to make the "energy created" exceed the "energy used" toward the year 2050.