FOR IMMEDIATE RELEASE No. 3487
TOKYO, February 10, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its environmental efforts related to supply chains have earned the company designation as a 2021 "Supplier engagement leader," the highest ranking in the CDP Supplier Engagement program operated by CDP, an international non-governmental organization that supports environmental disclosure. This is the fifth year in which Mitsubishi Electric has earned a top ranking for excellent actions and strategies to reduce greenhouse gas emissions and climate-change risk throughout its supply chain.
Mitsubishi Electric also received a top "A List" designation in the 2021 Climate Change category, as announced on December 10, 2021.*
Mitsubishi Electric's environmental initiatives reflect the company's Environmental Sustainability Vision 2050** policy, which declares to "protect the air, land, and water with our hearts and technologies to sustain a better future for all." In line with this policy, in June 2021, the company launched a new goal of net-zero CO2 emissions by 2050, by reducing greenhouse gases throughout company's value chains, from development, design and procurement of raw materials and production through sales, distribution, use and disposal.*** Mitsubishi Electric aims to reduce environmental impact in terms of global value chains, energy-saving products and systems, and cutting-edge infrastructure, ultimately to realize decarbonization and more a sustainable global environment.
The CDP (formerly the Carbon Disclosure Project) evaluates environmental initiatives of corporations and governments for more than 590 investors managing worldwide funds totaling USD 110 trillion. Its main activities include collecting and evaluating information on corporate and governmental activities that impact climate change, water and forests.
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