Konica Minolta tops the 22nd Nikkei Environmental Management Survey

| 17 July 2019

Konica Minolta, Inc. (Konica Minolta) is pleased to announce that it was ranked first place in the overall manufacturing sector at the 22nd Environmental Management Survey by Nikkei Inc.

The annual survey assesses environmental management of Japanese companies and recognises initiatives toward sustainability in terms of both environment and business management. The assessment is based on five criteria: environmental management promotion system; pollution and bio-diversity; resource circulation; products; and climate change. In the survey Konica Minolta earned full score (100) in environmental management promotion system, resource circulation and climate change, as well as 98 score both in pollution and bio-diversity and products.

For decades, Konica Minolta has been developing and implementing environmental management policies and initiatives that integrate reduction in environmental impact and growth in its businesses. The company has also played an active role in providing its own know-how to companies beyond its Group and assisting their initiatives to address environmental challenges. In addition, Konica Minolta’s mid-term carbon reduction goal was approved by the international SBT Initiative, while it joined RE100 and the Japan Climate Initiative and supports the final recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). On top of that, Konica Minolta analyses risk of increasing global warming and opportunities of creating new businesses based on the in-house technologies and know-how. Furthermore, the company has been considering information disclosure in its integrated report, among others, aligned with the TCFD.

Accelerate climate change initiatives based on Paris agreement
Already in January 2009 Konica Minolta formulated the Eco Vision 2050 as its long-term environmental vision. This vision guides Konica Minolta in the right direction to achieve its future objectives and fulfill its responsibility as a global corporation by contributing to a sustainable earth and society. With its Eco Vision 2050, Konica Minolta aims to reduce the CO2 emissions from its products throughout their entire life cycle by 80% compared to fiscal 2005 levels by 2050. By 2016 Konica Minolta had successfully reached its medium term goal to cut emissions by 40 % vs. 2005.

In the beginning of 2019 Konica Minolta has additionally committed to the goal of sourcing 100% of its electricity from renewable power by 2050 and joining the RE100, a global leadership initiative bringing together influential businesses committed to source 100% renewable power for their global operations.

Recognise environmental management as business strategy
Konica Minolta has been transforming itself to a digital company with insight into implicit challenges, by aggressively integrating cutting-edge technologies with its strengths of input-and-output technologies and creating solutions that contribute to resolving social challenges. For the environment, the company has made progress in integrating environmental activities, in terms of climate change, resource exhaustion and waste, with its mid- and long-term business strategies.

For instance, extreme minimization in production, transportation, inventory and waste in the manufacturing sector could reduce environmental impact. Konica Minolta has been making contribution in that direction by providing on-demand printing machines to the industrial printing field such as package, label and textile printing. Paper consumption is a challenge in offices around the world. Konica Minolta’s digital workplace will help customers improve efficiency and productivity in their workflow, while accelerating paper-less work. Big data analysis today consumes a lot of energy. Konica Minolta has been working on solutions where data analysis is done on site, as much as possible, as edge computing so that energy consumption will be reduced.

For Konica Minolta, business expansion and environmental improvement go in tandem, as the environmental management must work as business strategy.

About Environmental Management Survey
Since 1997 Nikkei Inc. has conducted Environmental Management Survey in cooperation with Nikkei Research Inc. The survey makes a comprehensive assessment on Japanese companies’ environmental management in terms of environmental improvement and management efficiency. The 22nd survey invited listed and unlisted companies, including 1,731 manufacturers and 1,318 non-manufacturing corporations in retail, restaurants, electric and gas power, and construction, among others, between December 2018 and March 2019. 599 manufacturing companies responded to the survey.

About Konica Minolta, Inc.

Konica Minolta, Inc. is a global technology company that provides innovative solutions to businesses and society. With its strengths in the combination of its core technologies in advanced imaging, optics, sensing, materials and nano-processing, Konica Minolta is committed to creating new values supporting customers to address challenges in their operations and work processes. Advancing its expertise in digital technologies, the company has been going through business transformation into a digital company, with insights into implicit challenges across the board as ‘One Konica Minolta’ in the era of Internet of the Things (IoT). Konica Minolta is also active in open innovation through various collaborations and alliances with academic, industrial and entrepreneurial partners.Headquartered in Tokyo, Konica Minolta has its Group companies in 50 countries with over 44,300 employees and offers products and services in 150 countries around the world.

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. Konica Minolta enables its clients to champion the digital era: with its unique imaging expertise and data processing capabilities, Konica Minolta creates relevant solutions for its customers and solves issues faced by society. As a provider of comprehensive IT services, Konica Minolta delivers consultancy and services to optimise business processes with workflow automation. The company further offers its customers solutions and managed services in the field of IT infrastructure and IT security as well as cloud environments. With regard to its office printing solutions, ‘IDC MarketScape: Western Europe Smart Multifunctional Peripheral 2018 Vendor Assessment’ stated that Konica Minolta is ‘recognised globally as a leading smart MFP provider of note’. As a strong partner for the professional printing market, Konica Minolta offers business consulting, state-of-the-art technology and software and has established itself as the production printing market leader for more than a decade in Europe, Central Asia, the Middle East and Africa (InfoSource). In the healthcare sector, Konica Minolta drives digitalisation of clinical workflows and offers a broad range of next-level diagnostic solutions. Its Business Innovation Centre in London and four R & D laboratories in Europe enable Konica Minolta to bring innovation forward by collaborating with its customers as well as academic, industrial and entrepreneurial partners. For its solutions that combine ‘smart service with smart technology’, Konica Minolta was awarded the prestigious ‘Buyers Lab PaceSetter Award for Outstanding Serviceability 2018/2019’ 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 almost 10,300 employees (as of April 2019), Konica Minolta Europe earned net sales of over EUR 2.39 billion in financial year 2018/19.

For more information, please visit http://newsroom.konicaminolta.eu/ and follow Konica Minolta on Facebook, YouTube and Twitter @KonicaMinoltaEU.

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