Mazda recognizes the importance of initiatives for reducing CO₂ emissions across the entirety of the vehicle life cycles. For this reason, the Company is adopting a well-to-wheel perspective and a life cycle assessment perspective. In FY March 2019, the Company assessed the CO₂ emissions across the life cycles of internal combustion engine vehicles and electric vehicles (EVs) in five regions around the world. These assessments found that the CO₂ emissions across the life cycles of such vehicles vary depending on regional conditions such as electricity-related circumstances, fuel economy and electric efficiency, and total travel distances. Based on the results of such assessments, the Company is adopting a multi-solution approach toward achieving fundamental reductions to CO₂ emissions by providing the most ideal option to match the needs of the energy sources, generation methods, and customers found in specific markets. Cross-supply chain efforts will be imperative to accomplishing our objectives, and the Company will thus be working toward these goals with the cooperation of local governments and other industries. Moreover, Mazda is making steady progress in line with its plans in carbon neutrality initiatives that contribute to the reduction of CO₂ emissions and the prevention of global warming in the areas of automobile creation (production), transportation (logistics), use (productions), and return (resource circulation).