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Mitsubishi Electric Named to CDP's Water and Climate A Lists
First time on non-profit's prestigious lists to recognize high social responsibility
TOKYO, November 30, 2016 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that CDP, a global disclosure system for companies and governments to manage their environmental impacts, has given Mitsubishi Electric its highest rank, the A List, in two categories, water and climate. The CDP Water 2016 A List honor recognizes Mitsubishi Electric as the world's only company in the Industrials category, making outstanding contributions to water resource cultivation. Only 24 of 1,252 global candidates were selected and the selected Japanese companies will be officially announced during the Japan Water Style Summit with CDP's Japan Water Forum 2016, in Tokyo on December 5. Mitsubishi Electric was also named to the CDP Climate 2016 A List for its excellent results in helping to reduce CO2 emissions and mitigate climate change. This is Mitsubishi Electric's first selection to either list.
Mitsubishi Electric's recent water-management initiatives to help preserve the natural environment include:
- | At every production site, managed and reduced the amounts of water withdrawn and discharged, and raised water-recycling rates. |
- | Shared its environmental management systems with suppliers to mitigate disasters, such as floods or droughts, and reduced the risks of procurement shortages in emergencies by working with multiple suppliers for virtually every item used in these systems. |
- | Continuously developed and supplied products and services for water purification, such as the Ozonizer system, which generates ozone to sterilize water instead of chlorine, and processing plants for freshwater and sewage. |
Mitsubishi Electric aims to become a green leader in advanced environmental technologies for diverse global businesses to help create affluent societies that offer sustainability combined with safety, reliability and comfort. The company's Environmental Vision 2021 calls for creating low-carbon societies, recycling-based societies and more respect for biodiversity. Mitsubishi Electric is contributing to sustainable societies by reducing the environmental impact of production processes throughout its global value chain and by developing products and services that reduce environmental impact.
This international non-governmental organization (NGO) conducts surveys, discloses performance and evaluates the environmental activities of companies and cities. Nearly 830 institutional investors managing assets worth US$ 100 trillion rely on CDP for investments impacting climate change, the central theme of the CDP, and more than 640 institutional investors managing assets worth US$ 67 trillion refer to the CDP when making investment decision regarding water resources.
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