Panasonic Aims to Become Leading Green Business
Panasonic Corporation (Panasonic [NYSE: PC]) on 7th April, announces its management policy for the new fiscal year ending March 31, 2011 (fiscal 2010).
In his statements to all the company’s staff, President Fumio Ohtsubo specially emphasizes the targets of becoming a green business. To achieve the targets, Panasonic will strive to minimize environmental impacts from its business activities, as well as introduce to the market the technologies, ideas and measures for doing that. For example, the company is working on “minimization of CO2 emissions in all business processes,†“recycling-oriented manufacturing,†“green work-style†and “offering eco-solution using its own expertise.â€
Currently, Panasonic has applied Clean Factory Accredited System to assess solutions implemented by Panasonic factories and to certify the clean scores of those factories. The factories will accumulate its scores in achieving 3 compulsory requirements (i) global warming prevention, (ii) minimization of waste emission in general and chemical waste in particular, (iii) efficient water use.
Panasonic has been gradually expanding a scope of this system since it first introduced the system in Japan in fiscal 2006, aiming to increase the global CF accreditation rate to at least 90 percent in fiscal 2011. In 2009, 246 factories were assessed and 92 percent of them were certified, exceed 74 percent of the year target.
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