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. 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 8,800 employees (as of April 2024), Konica Minolta Europe earned net sales of over EUR 2.13 billion in financial year 2023/2024.

Worldwide, the company has over 40,000 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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