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FOR IMMEDIATE RELEASE No. 3465

TOKYO, December 10, 2021 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the international nonprofit CDP has once again given Mitsubishi Electric its highest "A List" ranking for climate-change activities. The top rating 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 five different years in the climate-change category.

Mitsubishi Electric's environmental initiatives reflect the company's Environmental Sustainability Vision 2050* policy, which declares to "protect the air, land, and water with our hearts and technologies to sustain a better future for all." The policy is designed to reduce environmental impact in terms of global value chains, energy-saving products and systems, and cutting-edge infrastructure, ultimately to realize decarbonization and more a sustainable global environment.

  1. *Please see https://www.MitsubishiElectric.com/news/2019/0613-a.html

Climate-change Initiatives of Mitsubishi Electric

  1. 1) Reduction of greenhouse gases throughout company's value chains, from development, design and procurement of raw materials and production through sales, distribution, use and disposal, aiming at net-zero CO2 emissions by 2050**
  2. 2) Provision of operationally more sophisticated systems for distributed power sources and storage batteries, further grid stabilization, and high-capacity, high-efficiency renewable-energy power transmission for expanded adoption of renewable energy in society
  3. 3) Reduction of emissions in production by introducing high-efficiency and IoT equipment, increasing the rate of adopting renewable energy, and upgrading equipment operation as well as developing energy-saving models
  1. **Please see https://www.MitsubishiElectric.com/news/2021/pdf/0603-a1.pdf

About CDP

The CDP evaluates environmental initiatives of corporations and governments with the endorsement of more than 590 investors managing worldwide funds totaling USD 110 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 13,000 companies.
Mitsubishi Electric was also rated "A-" (Leadership Level) for water activities in 2021, second only to "A".

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