Environmental Plan Package

Anticipating a time 30 years in the future, in October 2020 MITSUBISHI MOTORS formulated the Environmental Plan Package, which defines the directions and targets of its environmental initiatives.

This package establishes the foundation for our directions on environment-related management strategy, outlining our objectives for realizing a sustainable society, including one that is carbon-neutral, as we conduct our business activities.

The Environmental Plan Package comprises the Environmental Policy, which we have revised to incorporate our medium- to long-term perspective on climate change, resource circulation and pollution prevention; “the Environmental Vision 2050”, which sets out our vision for society to be achieved by 2050 and directions for our initiatives; and “the Environmental Targets 2030”, which clarifies specific initiatives to be achieved by 2030 in accordance with this vision.

Regarding “action to climate change,” we revised Environmental Vision 2050 by incorporating the goal of achieving carbon neutrality in September 2022. Additionally we have revised our Environmental Target 2030 objectives as a milestone towards achieving 2050 carbon neutrality in March 2023. For Scope 1*1 and Scope 2 *2, we raised our target for reducing CO2 emissions from business activities to the SBT*3 target equivalent to a 1.5°C level. For Scope 3*4, in addition to an electrified vehicles sales ratio of “50% by FY2030,” we added “100% by FY2035.” We also added qualitative targets related to procurement and distribution.

  1. Scope 1: A company’s direct emissions (such as from burning fuel)
  2. Scope 2: Indirect emissions, resulting from electricity, heat or steam provided by another company
  3. SBT: Short for Science Based Targets, which are greenhouse gas emission reduction targets set by companies consistent with the Paris Agreement levels
  4. Scope 3: Indirect emissions other than Scope 1 and Scope 2 (emissions from other companies and other sources related to the company’s activities)