FOR IMMEDIATE RELEASE No. 3669
TOKYO, February 7, 2024 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today its new Environmental Plan 2025, from April 2024 to March 2026, based on the company's Environmental Vision 20501 long-term commitments to addressing environmental issues. The company also announced updated greenhouse gas emissions-reduction targets through 2030 for its corporate group, which have been certified by the Science Based Targets Initiative2 (SBTi) for conformance with the Paris Agreement's 1.5°C trajectory.
Mitsubishi Electric, which has positioned sustainability as a cornerstone of its business, management philosophy and environmental vision, aims to achieve net-zero greenhouse gas (GHG) emissions at its factories and offices by the fiscal year ending March 31, 2031 and throughout its entire value chain by the fiscal year ending March 31, 2051.
Moving forward, Mitsubishi Electric will continue contributing to a sustainable global environment by steadily implementing initiatives for environmental planning and the achievement of SBTs, including reducing the environmental impact of its entire value chain, to realize carbon neutrality, circular economy, and nature positive3 goals.
Note that the press releases are accurate at the time of publication but may be subject to change without notice.