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Panasonic Announces Green Transformation Plan


Latest News > Green Building News

Panasonic has unveiled a new, three-year plan to become the world's leading, "green innovation company" by 2018, according to a report on the greenbiz.com website.

The "Green Transformation 2012 (GT12) plan" calls for Panasonic to become a globally-focused company working on energy systems, rather than a Japan-focused consumer electronics company.

Panasonic hopes to achieve its goals by focusing on six key business areas, including HVAC and energy systems, as well as networked audio-visual technologies, healthcare, security and LED lighting.

A key part of the company's green strategy is to reduce its own environmental impact. Panasonic wants to reduce CO2 emissions from its factories, working towards zero waste by 2019. In the last three years, Panasonic cut its CO2 emission by more than 300,000 tons compared to a 2007 baseline, greenbiz.com reports.

In energy systems the company will focus on rechargeable lithium-ion batteries, solar cells, fuel cells and, "the building management systems that can connect facilities to the ability to generate and store energy," greenbiz.com reports.

Read Panasonic's GT12 plan.