News Releases
Konica Minolta Joins the TNFD (Taskforce on Nature-related Financial Disclosures) Forum
July 30, 2024
Tokyo (July 30, 2024) - Konica Minolta, Inc. (Konica Minolta) announced that the Company has joined the TNFD (Taskforce on Nature-related Financial Disclosures) Forum.
Konica Minolta supports the TNFD recommendations to show its commitment to assessing the dependence and impact of its business on natural capital and coping with opportunities and risks. At the World Economic Forum Annual Meeting (Davos meeting) in Switzerland in January 2024, it was announced that Konica Minolta was registered as one of the TNFD Early Adopters. In its annual securities report published in June 2024, the Company disclosed the results of its assessment of dependence and impact on natural capital in line with the TNFD Framework. By participating in the TNFD Forum, Konica Minolta will actively disclose information on natural capital and biodiversity.
TNFD Forum https://tnfd.global/engage/tnfd-forum/
Aiming for Zero Use of Natural Resources
In Eco Vision 2050, the long-term environmental vision toward 2050, Konica Minolta set the target of reducing the use of natural resources* by at least 90% for its products and expanding its contribution to reducing the use of natural resources other than its own products with the aim of achieving zero use of natural resources in “using limited resources effectively.” As specific measures, regarding resources used for providing its products and services, Konica Minolta aims to achieve transformation into a business model that does not depend on natural resources that fall under depletable resources and to improve its corporate value by synchronizing non-financial value with financial value based on initiatives through business activities.
*Natural resources: Resources that require new drilling or mining, such as crude oil or mineral resources, and are generally synonymous with depletable resources.
Konica Minolta remains committed to promoting environmental management and ensuring proper information disclosure to stakeholders.