The Mitsubishi Electric Group established Environmental Vision 2021 to contribute to the development of a sustainable society, and is advancing initiatives to achieve a low-carbon, recycling-based society. While this Vision represents the company we aim to become by the 100th anniversary of our founding in 2021, our ultimate goal is to make lasting social contributions as a leading green company.
To this end, we are working to strengthen our corporate constitution and to contribute to society. Strengthening our corporate constitution refers to disciplining ourselves to use less energy and fewer resources in our manufacturing, and increasing production efficiency to the highest level possible. Specifically, this means reducing waste generated during production and thoroughly implementing the "3Rs" of resources: reduce, reuse and recycle.
Contributing to society refers to our commitment to ensure that some sort of environmental benefit or improvement is delivered when people use our products. As CO2 emissions from product usage can be as high as 40 to 50 times the emissions from production, offering energy-saving products can make a tremendous contribution toward reducing CO2 emissions in society as a whole. For this reason, we must always improve as well as optimize our technologies with a focus on creating and offering energy-efficient products. The same holds true for the development and diffusion of renewable energy systems and equipment, such as photovoltaic power generation.
Thinking about the future of the global environment and sincerely continuing these initiatives worldwide will make our actions more environmentally compatible and will make society more environmentally conscious. Eco Changes, our environmental statement, is what we must practice globally. By continuing to put Eco Changes into practice around the world, the Mitsubishi Electric Group aims to become a global leading green company.