outsourcing of component parts, and established guidelines relating to material procurement are outlined in code of conduct. At Panasonic, policies for supply chain Sony’s “green” management are less regulated as much of manufacturing in conducted in-house Panasonic’s (Guide 2012). A summary of differences between the companies for Greener Electronics 18, can be found in Table 7 below. Table 7: Differences of Environmental Initiatives Differences Panasonic Sony Corporate 40 year plan with 5 year targets re-evaluated 8 year plan with targets Environmental annually Strategy Forecast Global Environmental Management System Third Party 31 business divisions and sites in North Monitoring of No third party verification or inspection America that are ISO certified and third party of environmental standards Environmental inspected on a yearly basis to ensure recycling Efforts and environmental management standards No proportional target reduction Reduce emissions 30% by 2015 Greenhouse Gas Currently at 23% absolute reduction Met target with 32% reduction in 2011 since 2006 but no details referring to Emission Reduction through increased energy efficiency and use of Targets total percent reduction, targets aimed at renewable energy 120 million tons reduction by 2018 Clean Electricity Not specified Uses 10% renewable energy Plan Waste Recycling Rate 98.9% - 2012 90% - 2011 Investment and innovation in increasing Does not provide details on innovations for life of products as well as long-standing extending product life or length of product Product life warranties and replacements on parts warranties No commitment to eliminate BFRs or Phased out use of BFRs and PVC as of March Hazardous Materials PVC 2012 “Green Partners” A quality approval program for Sony suppliers Majority of manufacturing conducted Supply Chain that must meet Supplier Code of Conduct and Management in-house management regulations for procurement of environment related substances Local Recycling program offers free recycling “Take Back” No policy in place Program locations for consumers Government Panama U.S. Regulations
outsourcing of component parts, and established guidelines relating to material procurement are outlined in Sony’s code of conduct. At Panasonic, “green” policies for supply chain management are less regulated as much of Panasonic’s manufacturing in conducted in-house (Guide for Greener Electronics 18, 2012). A summary of differences between the companies can be found in Table 7 below. Table 7: Differences of Environmental Initiatives Differences Panasonic Sony Corporate Environmental Strategy Forecast 8 year plan with targets 40 year plan with 5 year targets re-evaluated annually Third Party Monitoring of Environmental Efforts No third party verification or inspection of environmental standards Global Environmental Management System 31 business divisions and sites in North America that are ISO certified and third party inspected on a yearly basis to ensure recycling and environmental management standards Greenhouse Gas Emission Reduction Targets No proportional target reduction Currently at 23% absolute reduction since 2006 but no details referring to total percent reduction, targets aimed at 120 million tons reduction by 2018 Reduce emissions 30% by 2015 Met target with 32% reduction in 2011 through increased energy efficiency and use of renewable energy Clean Electricity Plan Not specified Uses 10% renewable energy Waste Recycling Rate 98.9% - 2012 90% - 2011 Product life Investment and innovation in increasing life of products as well as long-standing warranties and replacements on parts Does not provide details on innovations for extending product life or length of product warranties Hazardous Materials No commitment to eliminate BFRs or PVC Phased out use of BFRs and PVC as of March 2012 Supply Chain Management Majority of manufacturing conducted in-house “Green Partners” A quality approval program for Sony suppliers that must meet Supplier Code of Conduct and management regulations for procurement of environment related substances Local Recycling Program No policy in place “Take Back” program offers free recycling locations for consumers Government Regulations Panama U.S.