Revision of 'Environmental Vision 2050' and Establishment of 'Environmental Plan 2030'

Revised 'Environmental Vision 2050'

Mitsubishi Electric Corporation has revised its 'Environmental Vision 2050,' originally established in 2019, in response to increasingly severe global environmental challenges. Additionally, as a mid-term plan toward achieving this vision, the company has established the 'Environmental Plan 2030' (FY2026–2030) and set new environmental targets.

The company will steadily implement environmental initiatives to achieve these newly established goals, contributing to the realization of a sustainable global environment—one of its materiality issues.

■ Key Points of the Revised 'Environmental Vision 2050'

The Mitsubishi Electric Group has positioned environmental contribution as a critical management issue and originally established the 'Environmental Vision 2050' in 2019 to define its proactive stance on addressing environmental challenges. In recent years, environmental issues facing businesses have become increasingly complex on a global scale, driven by rising electricity demand due to increased data traffic from AI adoption, heightened importance of resource circulation due to geopolitical risks, and the loss of natural capital that underpins business activities. Against this backdrop, the importance of corporate environmental activities—such as expanding renewable energy use, improving resource efficiency, and actively participating in biodiversity conservation—has grown significantly.

In light of these increasingly complex environmental challenges and the Group’s progress in sustainability management, the 'Environmental Vision 2050' has been restructured into three key focus areas: 'Carbon Neutrality,' 'Circular Economy,' and 'Nature-Positive (※1).' This clearer framework defines the priority areas for the company’s environmental efforts. Under this revised vision, the Mitsubishi Electric Group will accelerate initiatives toward realizing a sustainable global environment—a designated materiality—by creating new value through its diverse business operations.

■ Overview of the 'Environmental Plan 2030'

The Mitsubishi Electric Group periodically establishes mid-term environmental plans, known as 'Environmental Plans,' comprising goals and initiatives to achieve the 'Environmental Vision 2050.' Following the 'Environmental Plan 2025' (FY2024–2025), the current 'Environmental Plan 2030' sets the goal of achieving net-zero greenhouse gas emissions (※2) from factories and offices by FY2030, focusing on the 'Carbon Neutrality' pillar of the 'Environmental Vision 2050.' The plan also includes target-setting for increasing resource circulation to support the 'Circular Economy' and for biodiversity conservation at business sites to contribute to 'Nature-Positive.'

■ About the Mitsubishi Electric Group

Under its 'Our Philosophy,' the Mitsubishi Electric Group places sustainability at the core of its management and values trust from stakeholders including society, customers, shareholders, and employees. The Group pursues profitability, capital efficiency, and growth while continuously engaging with customers to create new value that solves societal challenges, thereby achieving sustainable corporate value enhancement. Since its founding in 1921, the Group has over 100 years of history and operates in diverse fields such as social systems, energy systems, defense and space systems, factory automation (FA) systems, automotive equipment, building systems, air conditioning and home appliances, digital innovation, and semiconductors and devices. With over 200 group companies and approximately 150,000 employees worldwide, the Group reported consolidated sales of 5.8947 trillion yen for FY2025. For more details, please visit the official website.

※1 Halting and reversing the loss of natural capital

※2 Including carbon offsetting

※3 Direct emissions from fuel use within the company

※4 Indirect emissions from purchased electricity and heat

※5 Indirect emissions across the entire value chain, excluding Scope 1 and 2

※6 Total weight of reused products and recycled plastic in Mitsubishi Electric Group products

※7 Applies to manufacturing-related waste discharged from factories. The percentage of such waste reused through material recycling, chemical recycling, or thermal recovery

※8 Applies only in accordance with local regulations, conditions, and recycling capabilities

※9 Ministry of the Environment 'Nature Coexistence Site'

https://policies.env.go.jp/nature/biodiversity/30by30alliance/kyousei/

※10 Other Effective area-based Conservation Measures (areas outside protected zones that contribute to biodiversity conservation)

※11 Satoyama Conservation Project

https://www.MitsubishiElectric.co.jp/corporate/sustainability/philanthropy/ecology/satoyama/index.html

Mitsubishi Electric Outdoor Classroom

https://www.MitsubishiElectric.co.jp/corporate/sustainability/philanthropy/ecology/class/index.html

＜Customer Inquiries＞

Sustainability & Innovation Headquarters, Sustainability Business Department
Mitsubishi Electric Corporation

2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-8310, Japan

E-mail: eqd.eco@pj.MitsubishiElectric.co.jp