Mitsubishi Motors Corporation
Mitsubishi Motors Corporation is a publicly listed auto manufacturer headquartered in Tokyo, Japan. In 2019 it had US$20.9 billion in revenue and sales of over 1.1 million vehicles. Mitsubishi Motors Corporation’s sales are spread across multiple regions. Sales in China are mainly achieved via the company’s joint venture with Guangzhou Automobile Group.
- Total score
- Assessment Note
Mitsubishi Motors Corporation received a full ACT assessment in 2019.
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Sold product performance
Mitsubishi has achieved just a very small increase in global sales of low-carbon vehicles between 2014 and 2019 (from 2.5 percent of sales to 3.7 percent). The gap between its actual sales and the low-carbon vehicle sales required under its well below 2-degree pathway is widening rapidly.
There is significant opportunity for Mitsubishi to improve its low-carbon alignment by setting Science Based Targets Initiative-validated targets consistent with a well below 2-degree pathway. Its draft proposals for new targets extending beyond the current reporting year should be confirmed urgently. A far-reaching low-carbon transition plan should also be established and published to hold management to account on driving down in-use fleet emissions.
More about the company
- Ownership structure
- Publicly listed
- Revenue (2019)
- US$20.9 billion
- Number of vehicles sold (2019)