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Mitsubishi Electric Sets Ambitious Greenhouse Gas Reduction Targets

January 17, 2020 GMT

TOKYO--(BUSINESS WIRE)--Jan 16, 2020--

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has set ambitious greenhouse gas reduction targets for 2030 and that these have been approved by the Science-Based Targets initiative 1 (SBTi) as measures that will contribute towards “Maintaining global warming below 2°C relative to pre-industrial temperatures”, a key aim of the “Paris Agreement.” Mitsubishi Electric Group will continue its work of many years, contributing to the realization of a sustainable future by greenhouse gas reduction throughout its wide-range of business areas.

1 International initiatives and collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature; one of the We Mean Business Coalition commitments. Promotes the establishment of emission reduction targets consistent with the findings of climate science, with the aim of containing global average temperature increases due to climate change to within 2°C compared with pre-industrial levels.

Mitsubishi Electric Group Emission Reduction Targets

Scope 1 & 2

Mitsubishi Electric commits to reduce total scope 1 and 2 GHG emissions by 18% by 2030, compared to the base year of 2016.

Scope 3

Mitsubishi Electric commits to reduce total scope 3 GHG emissions by 15% by 2030, compared to the base year of 2018.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005220/en/

CONTACT: Customer Inquiries

Corporate Environmental Sustainability Group

Mitsubishi Electric Corporation

Tel: +81-3-3218-9024

www.MitsubishiElectric.com/en/contact/index.page#environmental-inquiriesMedia Inquiries

Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/news/

KEYWORD: JAPAN ASIA PACIFIC

INDUSTRY KEYWORD: TECHNOLOGY ENVIRONMENT OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING HARDWARE

SOURCE: Mitsubishi Electric Corporation

Copyright Business Wire 2020.

PUB: 01/16/2020 09:10 PM/DISC: 01/16/2020 09:10 PM

http://www.businesswire.com/news/home/20200116005220/en