Panasonic
Panasonic Corporation, commonly referred to as Panasonic, is a leading multinational electronics company headquartered in Osaka, Japan (JP). Founded in 1918, Panasonic has evolved into a global powerhouse, operating across various regions including North America, Europe, and Asia. The company is renowned for its diverse portfolio, which spans consumer electronics, automotive solutions, and industrial devices. With a commitment to innovation, Panasonic offers unique products such as advanced home appliances, energy-efficient batteries, and cutting-edge audiovisual equipment. The company has achieved significant milestones, including pioneering developments in sustainable technology and smart home solutions. As a prominent player in the electronics industry, Panasonic continues to enhance its market position through a focus on quality, reliability, and customer satisfaction.
DitchCarbon Score
How does Panasonic'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 Electrical Machinery 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's score of 99 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Panasonic's reported carbon emissions
In 2024, Panasonic reported total greenhouse gas emissions of approximately 126,518,000,000 kg CO2e, with emissions distributed across various scopes: 316,000,000 kg CO2e (Scope 1), 1,207,000,000 kg CO2e (Scope 2), and a significant 124,995,000,000 kg CO2e (Scope 3). This represents a slight decrease from 2023, where total emissions were about 129,209,000,000 kg CO2e, with Scope 1 at 406,000,000 kg CO2e, Scope 2 at 1,433,000,000 kg CO2e, and Scope 3 at 127,371,000,000 kg CO2e. Panasonic has set ambitious climate commitments, aiming for net-zero emissions across all scopes by fiscal year 2050. Specifically, the company targets a 90% reduction in absolute Scope 1 and 2 emissions by 2030, using FY2019 as a baseline. Additionally, Panasonic aims to reduce Scope 3 emissions from the use of sold products by 30% by 2030, also from a FY2019 baseline. These targets are part of Panasonic's broader Environmental Vision 2050, which includes achieving net-zero emissions from all business activities (Scopes 1, 2, and 3) by fiscal year 2031. The company has committed to using energy-efficient technologies and renewable energy sources to meet these goals. Panasonic's emissions data and reduction targets are not cascaded from any parent organization, as all information is sourced directly from Panasonic Holdings Corporation. The company is actively working towards these targets, aligning with industry standards and climate action initiatives.
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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 |
| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Panasonic is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
