Environment – Overview: Creating Value in the Environmental Field – Special Features of the Mitsubishi Electric Group
Corporate Mission and Business Lines
Comprehensive electrical and electronics manufacturer contributing to solutions for environmental issues
Our corporate mission specifies, “The Mitsubishi Electric Group will continually improve its technologies and services by applying creativity to all aspects of its business. By doing so, we enhance the quality of life in our society.” Based on this statement, we are expanding business in a wide range of areas. Our aim is to simultaneously ensure a sustainable global environment and safe, secure, and comfortable lifestyles while meeting the individual needs of our customers.
Consolidated sales of at least ¥5 trillion and an operating margin of at least 8%
In FY2015, the Mitsubishi Electric Group set the following growth targets as management objectives to achieve by FY2021, the year in which Mitsubishi Electric will celebrate its 100th anniversary: consolidated sales of at least ¥5 trillion and an operating margin of at least 8%. By realizing safe, secure, and comfortable lifestyles for our customers, our aim is to improve our reputation among stakeholders and increase the value of the Mitsubishi Electric brand.
Environmental Vision and Key Issues
Contributing to people and the global environment through technologies and action
The three pillars of Environmental Vision 2021 are a low-carbon society, a recycling-based society, and respecting biodiversity. We are currently implementing the 8th Environmental Plan (FY2016 - 2018), which prioritizes realizing a low-carbon society in order to realize our vision.
Opportunities for Growth
Reducing CO2 from product usage
In order to realize a sustainable society, the world is working to reduce CO2 emissions, which are a particularly important element in the issue of climate change. While producing our own power semiconductors—which hold the key for achieving energy savings—and utilizing them in an array of businesses and products, the Mitsubishi Electric Group is at the same time providing energy-saving solutions by combining individual businesses and products. We believe that this two-pronged approach is a unique advantage of our Group and will lead to opportunities for growth.
Other Opportunities for Growth
Expanding Environment-Related Business
Environmental initiatives other than reducing the emission of CO2 are underway as well. We have implemented the renewal of elevators and the large-scale, high-purity recycling of plastics, an initiative that has improved the recycling ratio of self-circulation recyclable plastics to 70%. Other efforts include rebuilding electric automotive components, renewing electrical-discharge machines, and rewinding power generator coils. Our aim is to expand our environment-related business by strengthening collaboration between businesses involved in recycling resources.
Rebuilding electric automotive components
Rewinding power generator coils
Strengthening the Environmental Management Foundation
Visualizing the level of environmental initiatives at manufacturing bases using uniform standards
The Mitsubishi Electric Group visualizes environmental load and the level of environmental initiatives in five areas: air pollution, water pollution, chemical substances, climate change, and waste under uniform standards, and evaluates them in order to realize improvement at 90 manufacturing bases inside and outside Japan.