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Panasonic to cut emissions with newly announced commitment

Panasonic to cut emissions with newly announced commitment

Panasonic Corporation wants to cut the carbon emissions of all its operating companies to net zero by 2030, as it looks to build a more sustainable future with the support of various clean technologies such as hydrogen.

The Japanese firm made its announcement on Tuesday (Jan 4) with the launch of Panasonic GREEN IMPACT, a landmark commitment for the company which will cut emissions from business operations and Panasonic’s whole value chain.

As H2 View heard in an exclusive interview with Panasonic back in April (2021), the company has long been researching hydrogen energy technology to make a positive impact and contribute to decarbonisation.

Speaking to H2 View at the time, Junichi Suzuki, Chairman and CEO of Panasonic Europe, said, “I believe hydrogen is a very necessary element in order for us to achieve a decarbonised society. But to accomplish this goal, collaboration is necessary – from the generation and transportation of pure, ‘green’ hydrogen to country and local government support. We all need to work together.”

Read more: A hydrogen society: An interview with Panasonic, Part 1

Now, just under a year on, those same decarbonisation goals are being reinstated as the company looks to do even more to make a more positive impact on the future world.

At the launch of its most recent commitment, Yuki Ku, CEO of Panasonic Group, said, “First, we commit to reduce the CO2 emissions of all operating companies to net zero by 2030. But as we have seen, we have a far greater emission in the form of electricity consumption by our products. So we will reduce this by developing new technologies and solutions to increase their efficiency.

“Furthermore, we will also reduce the CO2 emissions of society, through providing our energy-saving solutions and clean energy technologies to B2B and B2G customers. This is the category called ‘Avoided Emissions,’ the standards of which are being discussed at the International Electrotechnical Commission.

“We will strengthen our efforts in this area towards 2050, aiming to accelerate the society’s transition to clean energy, which will also accelerate the reduction of CO2 from our own value chain.”

A hydrogen society: An interview with Panasonic, Part 1

Panasonic has been researching hydrogen energy technology for more than 20 years. In 2009, the company made household fuel cells – a product that uses hydrogen extracted from natural gas to make electricity and hot water in homes – commercially available in the Japanese market. Today this increasingly popular application is used in many homes and facilities.

This is just one of several initiatives Panasonic is working on to realise a hydrogen society in which hydrogen can be produced, stored and utilised easily in homes. To find out more about this vision, H2 View sat down with Junichi Suzuki, Chairman and CEO of Panasonic Europe, and Max Fujita, Head of European Fuel Cells at Panasonic.

Read the interview here.


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