News Releases
Konica Minolta Recognized by CDP for leadership on the Climate A List for Two Consecutive Years
Tokyo (October 30, 2017) - Konica Minolta, Inc. (Konica Minolta) has been awarded a global leadership position on the Climate A List by CDP*1, an international not-for-profit organization engaged in activities to realize a sustainable economy, for the fourth time, including the most recent two times in 2016 and 2017.
The Climate A List
The Climate A List comprises companies that have been recognized as global leaders for their actions and strategies in response to climate change. Of more than 6,200 companies around the world that were surveyed by CDP, 112 companies, including 13 Japanese companies, were selected for the Climate A List this year.
Konica Minolta considers that its inclusion on the Climate A List for the second consecutive year reflects continued high recognition of its response to climate change and disclosure of information on the process.
Long-term Environmental Vision
Last year, Konica Minolta expanded the scope of its Eco Vision 2050, a long-term environmental vision launched in 2009, by adding the “Carbon Minus” concept as a more ambitious goal. While Konica Minolta has been working to achieve an 80% reduction of CO2 emissions throughout the product lifecycle by 2050 from the level of fiscal 2005, the company has also taken on a new commitment to involving its stakeholders, including suppliers, customers and communities, in its environmental efforts to reduce CO2 emissions by more than the amount of CO2 emissions from its corporate activities. Currently, Konica Minolta is steadily implementing environmental measures worldwide, including sharing a variety of environmental technologies and know-how it has developed over the years with its suppliers and customers and working jointly to reduce CO2 throughout society.
Last fiscal year, Konica Minolta, by backcasting from Eco Vision 2050, set an interim goal of achieving a 60% reduction of CO2 emissions throughout the product lifecycle by 2030 from the level of fiscal 2005. This goal was recognized as a science-based target by an international initiative, the Science Based Targets initiative (SBTi)*2.
*1:CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 803 institutional investors with assets of US$100 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. www.cdp.net
*2:The SBTi was jointly established by CDP, the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) in 2015 to attain science-based targets to reduce greenhouse gas emissions and thereby limit global warming to less than 2℃ compared to pre-industrial temperatures.
Konica Minolta, as a global company, aims to work with all of its stakeholders to reduce environmental impact, thereby contributing solutions to climate change and other global environmental problems and creating greater shared value.
Reference: External evaluation
Konica Minolta has been included in various global indices and obtained high ratings concerning CSR.
Dow Jones Sustainability Index (USA, Switzerland) | Included in the World Index (DJSI World) each year since 2012 and in the Asia Pacific Index (DJSI Asia Pacific) each year since 2009 |
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FTSE4Good Index (UK) | Included in the FTSE4Good Index each year since 2003 |
FTSE Blossom Japan Index (UK) | Included in the index that was launched in 2017 |
MSCI ESG Leaders Indexes (USA) | Included in the index in consecutive years since 2010 *No information is available as to whether or not the company was included in the indexes prior to 2010. *The index is renamed from MSCI Global SRI in 2017. |
MSCI Japan ESG Select Leaders Index (USA) | Included in the index that was launched in 2017 |
MSCI Japan Empowering Women Index (USA) | Included in the index that was launched in 2017 |
Morningstar Socially Responsible Investment Index (Japan) | Included in the Morningstar Socially Responsible Investment Index each year since 2003 |
RobecoSAM (Switzerland) | Awarded Silver Class (January 2017) |
oekom research AG (Germany) | Maintained the highest Prime Status since 2011 |
Ethibel (Belgium) | Selected for the investment universe of Ethibel Pioneer and Ethibel Excellence (January 2017) |
CDP (UK) | Included on the Climate A List for two consecutive years since 2016 |