The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP29) took place in Baku, Azerbaijan, where Panasonic participated in showcasing its initiatives towards achieving a decarbonized society. With a focus on renewable energy, Panasonic exhibited at the Japan Pavilion, highlighting its efforts to cover 100% of energy consumption with renewable sources such as hydrogen fuel cells and solar cells. The company's aim is to improve energy efficiency and reduce power consumption in cooling and heating equipment by combining different energy sources effectively. Panasonic also introduced a new project in the UK involving hydrogen fuel cells, solar cells, and lithium-ion batteries in a factory setting. Panasonic is actively involved in standardizing avoided emissions, a term used to describe CO2 reductions achieved through energy-efficient products and services. By promoting the value of avoided emissions and participating in international standardization efforts, Panasonic is working towards establishing avoided emissions as a key indicator for evaluating a company's contribution to a decarbonized society. The company's involvement in COP29 seminars and collaboration with organizations like the International Electrotechnical Commission (IEC) demonstrate its commitment to global environmental sustainability and corporate responsibility in promoting renewable energy and energy efficiency.