LONDON - Thursday, March 31st 2016 [ME NewsWire]
(BUSINESS WIRE)-- Panasonic Corporation has been awarded a Gold Recognition Level in sustainability performance survey conducted by EcoVadis. This excellent result also places Panasonic among the top 5% performers in the survey.
EcoVadis is a collaborative platform enabling companies to monitor the sustainable performance of their suppliers. EcoVadis uses their unique CSR assessment system with a methodology covering 150 purchasing categories, 110 countries, and 21 CSR indicators. The system analyses and evaluates company performance over 4 major categories, i.e. Environment, Labour Practices & Human Rights, Fair Business Practices and Sustainable Procurement.
Ensuring sustainability in business is of growing interest in the current world. Business is expected to be sustainable and transparent in their performance both in their own organisation and global supply chains.
Since its founding in 1918, Panasonic has a strong mission to contribute to society through the products and services it provides. One of our core values is “We will devote ourselves to the progress and development of society and the well-being of people through our business activities, thereby enhancing the quality of life throughout the world”. While the company engages in business activities using the resources entrusted by society, it also develops along with society, and so the company’s activities must be transparent, fair and just.
Panasonic believes that the achievement of receiving EcoVadis Gold Rating proves our commitment and mission to contribute to society. We endeavour to continue improving our performance in sustainability in the future.
Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, enterprise solutions and device industries. Since its founding in 1918, the company has expanded globally and now operates 468 subsidiaries and 94 associated companies worldwide, recording consolidated net sales of 7.715 trillion yen for the year ended March 31, 2015. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to create a better life and a better world for its customers. To learn more about Panasonic: http://www.panasonic.com/global.
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