|[June 29, 2014]
Mitsubishi Electric Issues Environmental Report 2014
TOKYO --(Business Wire)--
Electric Corporation (TOKYO:6503) announced today its immediate
issuance of the Mitsubishi Electric (News - Alert) Group's environmental report for the
fiscal year 2014 that ended in March, which can be viewed at www.MitsubishiElectric.com/company/environment.
The report reviews the operations of Mitsubishi Electric and its 116
domestic and 73 overseas affiliates, focusing on efforts to contribute
to low-carbon, recycling-oriented societies, including meeting targets
and implementing policies set under the Mitsubishi Electric Group's
three-year environmental plan.
Medium- and long-term CO2 emissions targets achieved; 110 products
average cuts of 33%
Using the Factor X environmental efficiency improvement index, products
whose factor improves from the previous year are designated as
"eco-products." In fiscal 2014, CO2 emissions generated by 110
Mitsubishi Electric eco-products were reduced 33 percent on average,
compared to 29 percent for 109 eco-products in the previous year. The 33
percent reduction rate exceeded the medium-term target of 27 percent in
the Group's Seventh Environmental Plan for the fiscal years 2013 through
2015. It also beats the long-term target of 30 percent in the Group's
environmental management vision, called "Environmental Vision 2021,"
which has set 2021 as the target year to commemorate the company's 100th
Compared to fiscal 2001 levels, 99 final products sold in fiscal 2014
achievedCO2 emissions cuts totaling 28.2 million tons, while CO2
emissions of 31 interim products were lowered by 66.49 million tons.
Total reductions of 94.69 million tons increased significantly from
49.03 million tons the previous year. Mitsubishi Electric expects to
further increase such reductions, as well as expand its development and
sales of highly energy-efficient products.
CO2 emissions from manufacturing operations totaled 930,000 tons,
beating one-million-ton target
Group-wide CO2 emissions from manufacturing operations came to 930,000
tons, beating the Group's target of no more than one million tons.
Emissions per sale were 90 percent of those in fiscal 2011, the base
year. This was six points lower than 96 percent in fiscal 2013, but
missed the fiscal 2014 target of 86 percent.
During the year, Mitsubishi Electric added a real-time monitoring
function for photovoltaic systems at manufacturing sites. Combined with
existing demand-response control systems, this enabled electricity
demand to be controlled in accordance with electricity volume generated
by photovoltaic systems. The company is currently promoting peak cuts, a
target under the revised energy conservation law that became effective
in Japan in April 2014, by utilizing the demand-response control system.
Mitsubishi Electric aims to reduce CO2 emissions from manufacturing
operations further by enhancing the energy efficiency and operation of
air conditioners, lighting and other equipment at production facilities.
Achieved final waste disposal target for 10th straight year in Japan
and made further advances overseas
Mitsubishi Electric's total waste and saleable materials generated on an
unconsolidated basis was 92,000 tons, up 10,000 tons year on year. The
final disposal rate, or the amount sent directly to landfills divided by
total waste and saleable materials, was 0.001 percent, which was half
the rate of the previous year and far in excess of the fiscal 2015
target of less than 0.1 percent. The company has achieved a final
disposal rate of under 0.1 percent for 10 consecutive years.
Affiliates in Japan generated 64,000 tons of waste and saleable
materials, up 4,000 tons for the year. Their final disposal rate of 0.09
percent beat the fiscal 2015 target of less than 0.1 percent, marking
the fourth consecutive year they have achieved their target.
Affiliates overseas generated 61,000 tons of waste and saleable
materials, unchanged from the previous year. Their final disposal rate
of 1.04 percent was an improvement from the previous year's 1.55
percent, paving the way to achieve the target of less than 1.0 percent
in the current fiscal year.
About Mitsubishi Electric Corporation
With over 90 years of experience in providing reliable, high-quality
products, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized
world leader in the manufacture, marketing and sales of electrical and
electronic equipment used in information processing and communications,
space development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better,
and its environmental statement, Eco Changes, Mitsubishi Electric
endeavors to be a global, leading green company, enriching society with
technology. The company recorded consolidated group sales of 4,054.3
billion yen (US$ 39.3 billion*) in the fiscal year ended March 31, 2014.
For more information visit http://www.MitsubishiElectric.com
*At an exchange rate of 103 yen to the US dollar, the rate given by the
Tokyo Foreign Exchange Market on March 31, 2014
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