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Practicing commitment to create a better life together

2019-10-31GoldenBeeYokoo Sadaaki0

Yokoo Sadaaki, Vice President of Panasonic China & Northeast Asia Company
"Panasonic will work with Chinese partners to provide people with a better life and create sustainable values for future development."

2019 is the 70th anniversary of the founding of People's Republic of China, and the 40th year of Panasonic's entry into China. Dating back to 1978, when Mr. Deng Xiaoping, then Chinese Vice-Premier, visited Panasonic during his visit to Japan, our entrepreneur, Konosuke Matsushita, expressed his determination and commitment to fully support China's modernization. Since then, Panasonic has taken root in China, and has continued to fulfill its original commitments. It also witnessed the rapid development of China's economy and the rapid development of society.
With the advent of the new round of technological revolution, industrial transformation and the transformation and upgrading of China's economy, we are deeply aware of the power of this change. In order to make a better contribution to the Chinese market, we set up the first highest-level overseas company, China & Northeast Asia Company, Panasonic Corporation, in April 2019 to renew our vitality, actively dig new values, help solve social problems, and strive for the people's happiness and a sustainable society.

As one of the world's leading manufacturers of electronic products, Panasonic has been adhering to the management philosophy of "company as a public entity of society" for more than 100 years and insists on "devoting ourselves to the progress and development of society and the well-being of people through our business activities". In China, we focus on technology innovation, green development and responsibility for partnership in the light of our own expertise, with the expectations from stakeholders and the challenges of sustainable development.
In terms of technological innovation, six R&D bases have been established to better serve local demand on the basis of introducing advanced technology of the Group, and the number of patent applications for inventions has been rising continuously. At present, we are committed to providing new values in the life space industry and fresh food supply chain industry with "comfortable, high-quality", "healthy, safe", "eco-friendly" features and so on, so as to create a healthy and better new life.

In terms of green development, we have formulated the Environment Vision 2050, aiming at creating more energy which exceeds the amount of energy used, and striving to provide people with environmentally friendly and intelligent living space, travel experience, and create sustainable communities. We are also actively responding to the appeal of local stakeholders, and have established joint ventures in China to specialize in the dismantling of waste electronic products and the comprehensive utilization of derivative resources. We adhere to the concept of circular economy and strive to build a "circular manufacturing" model.
At the same time, guided by the development of green supply chains, we have formulated and strictly abided by the Green Procurement Guidelines, "Green Plan 2018" and other social responsibility standards, put forward a number of requirements about environment, labor rights and safety for suppliers, and implement responsible procurement activities.

2019, a year of great significance for China, is also a new starting point for us. Panasonic will join hands with partners from all walks of life to make innovations with the ever-new spirit. With more responsible and effective actions, we can create more creative living space and provide cross-industry and cross-domain solutions. We will drive community and society development by our business activities, continue to promote the development and upgrading of China's electronics industry and strive to enrich and update people's lives. Committed to be a favorite and trusted enterprise in China, we will keep moving on.

(The Chinese version of this article is published on China Sustainability Tribune)
(Images in this article are from the Internet)
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