Panasonic

InfluenceMap Score
D+
Performance Band
59%
Organisation Score
47%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Information Technology
Head​quarters:
Osaka, Japan

Climate Lobbying Overview: Panasonic has limited direct engagement with specific climate policy both in Japan and globally, although it appears to support greater climate action in Japan. Panasonic is a member of the Japan Climate Initiative, but is also a member of Japan Business Federation (Keidanren), which has lobbied against certain Paris aligned climate policy.

Top-line Messaging on Climate Policy: Panasonic appears to acknowledge the need for climate change mitigation in line with IPCC recommendations, including the need to reduce CO2 emissions, since 2018. The company appears to support greater climate action, including increasing Japan’s NDC target, and accelerating efforts toward a decarbonized society. In 2020, Panasonic also signed the JCI statement calling for a stronger NDC target for Japan.

Engagement with Climate-Related Regulations: Although Panasonic appears to recognize the need for net zero emissions, it has not clearly disclosed its positions or engagement on specific climate change policies and regulations. Panasonic is part of the voluntary emission reduction initiative run by Keidanren. In 2020, Panasonic’s website stated operational targets for GHG emission reduction in line with the Paris goals, however, it is unclear if the company supports legislative GHG emissions targets. As a member of the Japan Climate Initiative (JCI), Panasonic has jointly supported GHG reduction targets in a statement published in 2018.

Positioning on Energy Transition: In its statement on scenario analysis published in 2020 on its website, Panasonic appears to generally support the transition of the energy mix away from fossil fuels, supporting the development and manufacturing of hydrogen energy, EVs and battery technology through its business and supply chain. However, much of its statements on its corporate website are limited to its own operational targets including participating in the RE100.

Industry Association Governance: Panasonic has not disclosed a list of all its memberships to industry associations on its website, although it has disclosed its membership to Keidanren and its alignment in its CDP report in 2020. Japan Business Federation (Keidanren) has consistently opposed ambitious climate policy in Japan. A Managing Executive Officer of Panasonic is a Director at The Japan Electrical Manufacturers' Association (JEMA), which appears to have negatively lobbied on several strands of climate change and energy policy. On the other hand, Panasonic is a member of the Japan Climate Initiative which has called for a stronger action on climate including a more ambitious NDC for Japan.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures
Communication of Climate Science
2 NS NA NS NS NS NS
Alignment with IPCC on Climate Action
1 1 NA NS NS NS NS
Supporting the Need for Regulations
0 NS NA NS NS NS NS
Support of UN Climate Process
1 2 NA NS 1 NS NS
Transparency on Legislation
-1 NA -1 NA NA NA NS
Carbon Tax
NS NS NS NS NS NS NS
Emissions Trading
0 NS NS NS NS NS NS
Energy and Resource Efficiency
0 0 NS NS 0 NS NS
Renewable Energy
0 2 NS NS 2 NS NS
Energy Transition & Zero Carbon Technologies
1 1 1 NS 1 NS NS
GHG Emission Regulation
0 0 0 NS NS NS NS
Disclosure on Relationships
-2 NS -1 NA NA NA NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
35%
 
35%
 
41%
 
41%
 
35%
 
35%
 
33%
 
33%
 
44%
 
44%
 
48%
 
48%
 
72%
 
72%
 
45%
 
45%
 
61%
 
61%
 
81%
 
81%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.