Effective corporate governance is essential to ensuring a business meets its obligations to internal stakeholders (employees) and external stakeholders (investors, customers, and anyone else affected by the business’s activities).
As a major international corporation that operates in multiple regions and territories, Konica Minolta has a strict set of policies that ensure the company, its employees, and its partners all meet stringent governance standards.
Our approach to governance includes:
Konica Minolta is compliant with European regulations and laws applying to our business as well as acknowledges voluntary agreements
Circular Economy Package: Set of measures to stimulate Europe's transition towards a circular economy, boost global competitiveness, foster sustainable economic growth and generate new jobs. We take measures to support the achievement of the European circular economy goal.
The Waste Framework Directive (WFD) is a European Union Directive concerned with "measures to protect the environment and human health by preventing or reducing the adverse impacts of the generation and management of waste and by reducing overall impacts of resource use and improving the efficiency of such use". The aim of the WFD was to lay the basis for turning the EU into "a 'recycling society' seeking to avoid waste generation and to use waste as a resource". Konica Minolta is compliant with the WFD.
Eco Design Directive: EU Directive that provides consistent EU-wide rules for improving the environmental performance of products. Konica Minolta is compliant with the relevant Eco Design Directives.
Registration, Evaluation, Authorization and Restriction of Chemicals (REACH): EU regulatory framework that requires the registration and management of all chemical substances used in businesses in accordance with their conditions of use to ensure safe assessment of chemical substances. Konica Minolta is compliant.
Restriction of certain Hazardous Substances (RoHS): EU Directive that restricts (with exceptions) the use of ten hazardous materials in the manufacture of various types of electronic and electrical equipment. Konica Minolta is compliant with the RoHS Directive.
Battery Directive: EU Directive that regulates the manufacture and disposal of batteries in the EU with the aim of improving the environmental performance of batteries and accumulators. Konica Minolta is compliant.
Substances of concern in Products (SCIP): Starting 5 January 2021 all companies in the EU are required to report information into the ECHA SCIP database for any product they supply in the EU which includes articles that contain REACH Candidate List substances above 0.1 % by weight of the article. The database shall enable recycling companies to remove hazardous substances from the closed loop. Konica Minolta is compliant with SCIP.
Waste Electrical and Electronic Equipment (WEEE): EU Directive; in Europe, the company has adopted measures in conformity with the EU Directive WEEE on the disposal of waste electrical and electronic equipment and is compliant with this directive.
We aim to be highly responsible across our sourcing and supply chains, with due diligence at the forefront of our operations. We do, however, acknowledge that our actions in the governance field represent important early steps in an ongoing the journey. We're aware that there are still areas where we have the potential to improve, and we aim to do so. The actions described above represent a firm foundation on which we intend to continue building.
...and contact our Sustainability Team!