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About Panasonic

Environmental Accounting

Environmental conservation benefit

Scope of environmental accounting
Accounting period from April 2006 to March 2007
Companies covered: Matsushita Electric Industrial Co., Ltd. and its affiliated companies across the globe, and PanaHome Corporation in Japan

Environmental benefit (in physical terms)

Categories Amount of reduction*1 Reference indicators:
Environmental impact
Fiscal 2007 Fiscal 2006 Fiscal 2007 Fiscal 2006
Environmental
conservation benefit
from business
activities
CO2 emissions*1 240 kilotons 220 kilotons 4,130 kilotons 4,170 kilotons
GHG emissions (excluding CO2)*2 2 kilotons -14 kilotons 370 kilotons 380 kilotons
NOx emissions 0.0 kilotons 0.0 kilotons 1.8 kilotons 1.9 kilotons
SOx emissions 0.3 kilotons 0.1 kilotons 0.6 kilotons 0.9 kilotons
Release and transfer of key
reduction- target substances*3
-0.1 kilotons -- 5.0 kilotons 4.9 kilotons
Final waste disposal 8.6 kilotons 5.1 kilotons 32 kilotons 41 kilotons
Water consumption (groundwater) 2.6 million m3
( 1.1 million m3)
4.2 million m3
(0.0 million m3)
63 million m3
(32 million m3)
66 million m3
(33 million m3)
Environmental
conservation benefit
from product use
CO2 emissions*4 (in Japan) 1,510 kilotons -- 20,570 kilotons --
Packing materials used (in Japan) 1 kilotons*5 16 kilotons 145 kilotons*5 146 kilotons
Environmental
conservation benefit in
product distribution
CO2 emissions 8 kilotons*6 11 kilotons*6 1,130 kilotons 1,130 kilotons
  • *1 The amount of CO2 emission reduction during business activities and product distribution refers to the difference between the amount emitted after reduction measures were implemented and the amount that would have been emitted had the measures not been implemented.
  • *2 GWP tons - CO2
  • *3 In fiscal 2007, reduction targets were set focusing on Key Reduction-target Substances against the baseline figures in fiscal 2006.
  • *4 (Lifecycle CO2 emissions from the use of fiscal 2006 models - lifecycle CO2 emissions from the use of fiscal 2007 models) times the number of units sold in fiscal 2007 in Japan. Estimated amount of emissions from 30 major products. The period of use is estimated to be 10 years. 0.425 kg of CO2divided bykWh is used as a coefficient for CO2 emissions from electricity purchased.
  • *5 Estimates for fiscal 2007
  • *6 In fiscal 2006, we collected data for all individual emission reduction activities. In fiscal 2007, we tallied up amounts of emission reduction of a modal transportation shift, biodiesel fuel and eco-trucks according to Japan's revised Energy Conservation Law.

Environmental conservation benefit in financial terms

(million yen)
Categories benefit in financial terms*5
Environmental
conservation benefit
from business
activities
CO2 emissions*1 158
GHG emissions (excluding CO2)*2 1
NOx emissions 2
SOx emissions 13
Release and transfer of key
reduction- target substances*3
--
Final waste disposal --
Water consumption (groundwater) 40*6
Environmental
conservation benefit
from product use
CO2 emissions*4 (in Japan) 991
Packing materials used (in Japan) --
Environmental
conservation benefit in
product distribution
CO2 emissions --*7
Total 1,205
  • *1 The amount of CO2 emission reduction during business activities and product distribution refers to the difference between the amount emitted after reduction measures were implemented and the amount that would have been emitted had the measures not been implemented.
  • *2 GWP tons - CO2
  • *3 In fiscal 2007, reduction targets were set focusing on Key Reduction-target Substances against the baseline figures in fiscal 2006.
  • *4 (Lifecycle CO2 emissions from the use of fiscal 2006 models - lifecycle CO2 emissions from the use of fiscal 2007 models) times the number of units sold in fiscal 2007 in Japan. Estimated amount of emissions from 30 major products. The period of use is estimated to be 10 years. 0.425 kg of CO2divided bykWh is used as a coefficient for CO2 emissions from electricity purchased.
  • *5 The coefficient used to convert physical terms into financial terms is based on the cost necessary for curbing 1 ton of CO2 environmental impact in Japan.
    CO2 = 655 yendivided byton: a carbon tax estimated by the Ministry of the Environment, Japan in 2004
    NOx = 66 yendivided bykg, SOx = 50 yendivided bykg, Groundwater = 36 yendivided byton: Estimated from the cost to curb environmental impact
    Chemical substances, waste, and packing materials are not covered.
  • *6 Targeting only groundwater with no supply cost
  • *7 Data will be calculated under a new system and disclosed in the following website in September

In-house economic benefit (amount)

(million yen)

  Fiscal 2007 Fiscal 2006
Revenue Revenue* on sales of recyclable waste from business units 19,226 10,170
Revenue on sales of recyclable waste from used products 1,684 1,230
Subtotal 20,910 11,400
Expense
reduction
Energy cost reduction at business units 10,198 7,670
Waste disposal cost reduction 4,674 3,827
Reductions in water, sewage, packing materials, and
logistics costs
2,745 1,698
Subtotal 17,617 13,195
Total 38,527 24,595
  • * Presumed benefit such as the avoidance of potential risks and enhanced corporate image are not included in these figures.

Customer economic benefit

Reductions in electricity bills charged for product use (in Japan)
Electricity
reduction*1
3,562 million kWh
(CO2 emissions reduced by
1,510 kilo tons)
Electricity bills
reduction*2
78.3 billion yen
  • *1 Reductions in power consumption of 30 main products for fiscal 2007 Japanese market over 10 years were estimated using the following formula: (Lifecycle power consumption by models sold on the Japanese market in fiscal 2006 - lifecycle power consumption by models sold on the Japanese market in fiscal 2007) times the number of units sold on the Japanese market in fiscal 2007
  • *2 Financial conversion coefficient of electricity cost is 22 yendivided by kWh.
    Source: "Revised Reference Electricity Rates," published by the Home Electric Appliances Fair Trade Conference.

Update on Jan 25,2008


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