TOKYO, Feb 14 (Bernama-BUSINESS WIRE) — Mitsubishi Electric Corporation (Headquarters: Tokyo) and Charoen Pokphand Group (CP) (Headquarters: Bangkok) announced today that they have signed a memorandum of understanding (MOU) for comprehensive collaboration to provide advanced environmental value in the areas of carbon neutrality and circular economy, with the aim of contributing to a more sustainable society in Thailand.
In terms of carbon neutrality, both companies aim to achieve net-zero greenhouse gas (GHG) emissions from their respective factories and offices by 2030 and net-zero GHG throughout their value chains by 2050. In the terms of circular economy, both are pursuing measures to reduce waste and the environmental impact on their entire operations by promoting more efficient and circular use of resources, including recycling. After holding discussions to confirm their mutual commitment to these common goals, the two firms signed their MOU.