Home News Konica Minolta given the highest evaluation by CDP and included on the Climate A List 2022

Konica Minolta given the highest evaluation by CDP and included on the Climate A List 2022

| 9 January 2023

Recognised as a global leader in combating climate change

As one of 283 companies worldwide, Konica Minolta, Inc. (Konica Minolta) has been awarded a global leadership position on the Climate A List by CDP. CDP is an international non-for-profit organisation engaged in activities to realise a sustainable economy. This is the seventh time for Konica Minolta to be placed on the Climate A List.


The Climate A List
The Climate A List is composed of companies that have been recognised as global leaders in terms of goals set and actions taken to combat climate change and disclosure of information. Of the more than 18,700 companies around the world that were covered by CDP’s survey, 283 companies (including 74 Japanese companies) were included on the Climate A List this year in recognition of their efforts to reduce CO2 emissions, mitigate climate change and contribute to a low-carbon economy.
 
Reduction of CO2 emissions
Konica Minolta's placement on the Climate A List is a result of several sustainable activities and goals that the company is implementing or has achieved.
 
For example, the company has set a target to reduce 60% of its CO2 emissions in Scope 1, 2 and 3 in product development, procurement and manufacturing, sales and services, and product use by 2030 – starting from the 2005 level (in 2017, these CO2 reduction targets were approved by the international Science Based Target Initiative (SBTi)). This target is almost achieved, with 52% reductions already achieved in 2019.
 
To achieve these targets, the company has developed production technologies that require less energy consumption, is procuring electricity from renewable energy sources and is promoting a shift to paperless business operations.
 
Accelerating a shift to renewable energy
Konica Minolta aims to procure 100% of the power used in its own business activities from renewable energy sources by 2050. Therefore, in 2019, Konica Minolta joined RE100, a global leadership initiative that brings together businesses committed to sourcing 100% renewable energy for their operations. Starting with countries and regions where renewable electricity is relatively widespread, Konica Minolta has been reviewing its power procurement contracts one by one at its production and sales sites and switching over to renewable electricity where possible:
  • The two MFP and Production Printing devices production sites in China use electricity from 100% renewable energy.
  • Two toner production sites of Konica Minolta achieved the 100% renewable energy goal in FY2021. They are Konica Minolta Supplies Manufacturing U.S.A., Inc. and Konica Minolta Supplies Manufacturing France S.A.S., which switched over to electricity with the green energy certificate.
  • The new plant of Konica Minolta Mechatronics Co., Ltd. completed in Aichi Prefecture, Japan in 2021 sources approximately 11% of electricity necessary for its operations from solar energy.
  • Konica Minolta's European headquarters and 10 subsidiaries already use 100% or nearly 100% green electricity (Austria, Belgium, France, Germany, Great Britain, Lithuania, the Netherlands, Norway, Spain and Sweden).
  • Its American sales company, Konica Minolta Business Solutions U.S.A., Inc., covers all of its electricity needs with renewable energy by generating electricity with solar panels and procuring green electricity from diverse sources, such as biomass, geothermal power, hydropower, solar power and wind power, through the Renewable Energy Program. This sales company also joined the Green Power Partnership program of the U.S. Environmental Protection Agency (EPA) in May 2022.
 
Reference: Evaluation by external parties
Konica Minolta is currently included in global ESG indexes and is ranked high in the ESG ratings, as shown below.
FTSE4Good Index Series (UK) Included in the index consecutively since 2003
FTSE Blossom Japan Index (UK) Included in the index consecutively since its establishment in 2017
FTSE Blossom Japan Sector Relative Index（UK） Included in the index since its establishment in 2022
MSCI Japan ESG Select Leaders Index (USA) Included in the index consecutively since its establishment in 2017
MSCI Japan Empowering Women Index (USA) Included in the index consecutively since its establishment in 2017
Dow Jones Sustainability Index (USA) Asia Pacific Index (DJSI Asia Pacific): Included in the index consecutively since 2009
S&P/JPX Carbon Efficient Index (USA, Japan) Included in the index consecutively since its establishment in 2018
S&P Global (USA) Included in SAM Sustainability Award consecutively since 2013
(Four times as Gold and five times as Silver)
Corporate Knights (Canada) Ranked among the Global 100 Most Sustainable Corporations in the World (2011, 2019-2022)
ISS ESG (USA) Maintained the highest Prime Status since 2011
CDP (UK) Included on the Climate A List
(2013-2014, 2016-2017, 2020-2022)
 
 
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
 
https://cdp.net/en
 
 

Boilerplate

About Konica Minolta Business Solutions Europe


Konica Minolta Business Solutions Europe GmbH, based in Langenhagen, Germany, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. With its unique expertise in imaging, data processing and data-based decision making, Konica Minolta creates relevant solutions for its customers - small and medium-sized businesses, large enterprises and public sector - and solves issues faced by society.


As a digital workplace solution provider, Konica Minolta helps its clients to identify and unlock the potential digitalisation holds and reach the next level in the digital maturity of their organisation by rethinking the workplace. In support of an ‘Intelligent connected workplace’, Konica Minolta offers cloud, IT, managed print and video solution services for remote working, collaboration, workflow management and automation and security. The company’s success in driving transformation is also confirmed by IDC, since the ‘IDC MarketScape: Worldwide Print Transformation 2023 Vendor Assessment’ has named Konica Minolta a “Leader” in print transformation. Konica Minolta has been a Microsoft Global Managed Partner since 2021.


Konica Minolta's Igniting Print Possibilities offering helps printers, converters and brand owners maximise workflow automation to increase efficiency. The company delivers consultancy in all communication matters as well as top-of-the-line production, packaging as well as label printers. Its finishing devices create print products that stand out and create added value. Konica Minolta has established itself as the production printing market leader for more than a decade in Europe (InfoSource).


For an increasing number of organisations, success today is more than the narrow definition of financial prosperity – it also includes protecting the environment and having a positive impact on their workforce as well as the societies they are embedded in. With its commitment to the Sustainable Development Goals (SDGs), Konica Minolta has pledged to consistently pursue its sustainability and social responsibility goals.


The company has been repeatedly recognised for its rich history of social contribution as well as for working towards achieving the SDGs throughout its business and supply chain. Konica Minolta received a GOLD Level Recognition Medal in the EcoVadis sustainability ratings for 2024.


For its remote services, Konica Minolta was awarded the prestigious ‘Buyers Lab (BLI) 2023-2024 Pacesetter Award in Remote Service for the Western European market’ from Keypoint Intelligence.


Konica Minolta Business Solutions Europe is represented by subsidiaries and distributors in more than 80 countries in Europe, Central Asia, the Middle East and Africa. With more than 8,700 employees (as of April 2023), Konica Minolta Europe earned net sales of over EUR 2.26 billion in financial year 2022/2023.


Worldwide, the company has over 39,000 employees and is operating in over 150 countries.


For more information, please visit https://www.konicaminolta.eu/eu-en/news and follow Konica Minolta on Facebook, Instagram and YouTube.


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Contact

Contact

Melanie Olbrich

Senior Expert Content Strategy & Development, Corporate Communications

melanie.olbrich@konicaminolta.eu

051174045337