Konica Minolta. Inc. has been named as one of the Global Climate Performance Leaders on The A List: The CDP Climate Performance Leadership Index 2014 (CPLI) by CDP, a non-profit organisation for its corporate efforts to reduce carbon emissions and to mitigate business risk of climate change.
The CPLI identified 187 listed companies for their superior approach to climate change mitigation. It has been produced at the request of 767 investors who represent more than a third of the world’s invested capital by CDP, the international NGO that drives sustainable economies.
Information provided by nearly 2,000 listed companies has been independently assessed against CDP’s widely-respected scoring methodology and ranked accordingly.
Konica Minolta is awarded an A grade for its climate performance, earning a position on this global ranking of corporate efforts to mitigate climate change.
On The A List: The CDP Climate Performance Leadership Index 2014, Konica Minolta is the only Japanese company featured in “Sector Profiles.”
Konica Minolta has been recognized, two years in a row, as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP. Konica Minolta is also named as one of the leaders in Japan 500 Climate Disclosure Leadership Index (CDLI), published in the CDP Japan 500 Climate Change Report 2014. This annual index highlights the constituent companies within the large Japanese 500 companies (Japan 500) including companies in the FTSE Japan Index.
In 2014 the Japan 500 CDLI comprises 28 companies achieving the disclosure score of 97 or more. Konica Minolta scored 98. High scores indicate the provision of robust climate data upon which decisions that will catalyse progress towards low carbon economies can be made. The index highlights companies providing a high level of transparency in their disclosure of climate-related information.
This year Konica Minolta is the only company in the Information Technology sector selected in both CPLI and CDLI.
In April 2014 the Konica Minolta Group launched a new Medium-Term Environmental Plan 2016, with the target year of fiscal 2016, as the action plan governing its current efforts to make progress towards Eco Vision 2050, a set of long-term goals that looks all the way out to the year 2050. In defining goals in the medium-term environmental plan, a materiality analysis was conducted to identify important issues that affect both the environment and the company, and the identified material risks and opportunities were incorporated into important themes and issues. Based on the process, the plan sets goals for both the reduction of environmental impact and corporate growth and drives initiatives globally.
Among others, Konica Minolta works on CO2 emissions reduction across the supply chain through cooperation with suppliers by utilizing the company’s environmental know-how to assist suppliers in cutting down carbon emissions at their plants. The company’s environmental management has been highly commended for contributing to reduction of environmental impact at suppliers and in broader society, while keeping these efforts in sync with the growth of the corporation and its values.
The number of investors using CDP to understand the economic risks and opportunities that climate change presents to their portfolio companies has increased on an annual basis. CDP disclosure scores are provided to investors and other decision makers through various channels to help them assess corporate preparedness for changing market demands and emissions regulation.
Jonathan Yeo, General Manager, Konica Minolta Business Solutions Asia Pte Ltd says, “We are pleased to be nominated once again as one of the leaders for CPLI and CDLI. Konica Minolta continues to promote a sustainable society by being a responsible corporate citizen and we believe each of us through our daily actions, can create a collective positive impact on environment.”
As a global company, Konica Minolta shares the growing consensus that accountability for contributions to climate change is a business imperative.
Under the brand proposition “Giving Shape to Ideas,” Konica Minolta is proud of these recognitions and intends to turn its bold ideas and innovative technologies into products and services with high level of environmental performance and continue to contribute to further reduction of carbon emissions in a global society.
