FOR IMMEDIATE RELEASE No. 3387
TOKYO, December 9, 2020 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the international nonprofit CDP has once again given Mitsubishi Electric its highest "A List" rankings for climate-change and water activities. The top ratings recognize the environmental focus of Mitsubishi Electric's commercial activities and goals as well as the company's timely and appropriate information disclosure. Mitsubishi Electric has been named to the A List four different years in the climate change category and five consecutive years in the water category.
Mitsubishi Electric's environmental initiatives reflect the company's Environmental Vision 2021 policy, which emphasizes creating a low-carbon, recycling-based society and respecting biodiversity. In June 2019, the company announced that it would "protect the air, land, and water with our hearts and technologies to sustain a better future for all" in its Environmental Sustainability Vision 2050.* The policy is designed to reduce environmental impact in terms of global value chains, energy-saving products and systems, and infrastructure, ultimately to realize decarbonization and a more sustainable future.
The CDP evaluates environmental initiatives of corporations and governments with the endorsement of more than 515 investors managing worldwide funds totaling USD 106 trillion. After distributing questionnaires on activities that impact climate change, water and forests, the CDP then evaluates the data and announces the results. The latest evaluation, which includes eight ranks from A to D-, received responses from more than 9,600 companies.
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