'Avoided Emissions' are key to helping society reach net zero CO2 emissions by 2050

Fri, 03/31/2023 - 07:00

Gardens in Japan in front of a cityscape — Getty Images

It is clear that to affect global climate change, society as a whole must reduce its carbon dioxide emissions.

The Panasonic Group bears some of this responsibility, as its products and services are used by more than 1 billion people around the world every day. Its CO2 emissions, including its value chain, are estimated to be as much as 110 megatons.

To address this, Panasonic unveiled its "Panasonic GREEN IMPACT" initiative in January 2022. This aims for a reduction impact of "around 1% (approximately 300 million tons)" of current total global CO2 emissions by 2050.*