Konica Minolta Makes the Climate Information Disclosure Leadership Index for Three Consecutive Years
Ramsey, NJ – November 11, 2015 – Konica Minolta, Inc. (Konica Minolta) announced today that is has been recognized as a leader demonstrating the management of risks and opportunities of climate change-related information securing a position on the Japan 500 Climate Disclosure Leadership Index (CDLI) for three consecutive years. The company’s data was provided to investors and the global marketplace through CDP, the international not-for-profit organization for sustainable economies. The news comes ahead of COP21, the U.N. climate change conference, when national leaders meet to agree on a global deal to reduce carbon emissions and limit temperature warming.
Konica Minolta scored 100 after disclosing high quality carbon emissions and energy data which was independently assessed against CDP’s scoring methodology. Top scores indicate a high level of transparency in the disclosure of climate change-related information, providing over 800 investors the data to assess corporate accountability and preparedness for changing market demands and emissions regulation.
“While our businesses continue to grow, Konica Minolta is working to reduce carbon emissions throughout product lifecycle by 40% in fiscal 2016,” says Kevin Kern, senior vice president, Konica Minolta Business Solutions, U.S.A., Inc. “Our aim is to create economic value in a way that also creates value for society by addressing its needs and challenges.”
“As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable,” says Paul Dickinson, executive chairman and co-founder of CDP. “For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”
Konica Minolta’s long-term environmental goals include Eco Vision 2050, which aim to reduce CO2 emissions throughout the product lifecycle by 80% by 2050, compared to fiscal 2005 levels. The company’s shorter-term Environmental Plan through fiscal 2016 is closely coupled with its business plan so that lessening environmental impact will drive growth of the company. Steady progress of the plan has been made through various initiatives globally.
Activities to reduce environmental impact have expanded beyond the Konica Minolta Group. The company has been sharing the diverse environmental technology and has cultivated over many years with customers and suppliers, collaboratively working to curb carbon emissions in society as a whole. In fiscal 2014, Konica Minolta started a Green Supplier Initiative to assess energy conservation and hold consultations at selected suppliers with no financial ties, as well as help them develop environmental plans on mid to long-term basis.
For all stakeholders, Konica Minolta has been driving disclosure of environmental management-related information in a timely manner through its websites, from fundamental environment policies, visions and strategies to material issues, goals and results of each fiscal year and progress of major initiatives as well as environmental data.
Under the brand proposition “Giving Shape to Ideas,” Konica Minolta will contribute to social efforts in mitigating climate change and other environmental challenges and enhancing co-creation of value by working with all stakeholders on a global scale.
For additional information about Konica Minolta’s environmental initiatives, please visit:
About Konica Minolta
Konica Minolta Konica Minolta Business Solutions U.S.A., Inc. is a leader in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers’ speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for eight consecutive years. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for four years in a row. For more information, please visit: www.kmbs.konicaminolta.us and follow Konica Minolta on Facebook, YouTube, and Twitter @konicaminoltaus.
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Kristina Marchitto, Public Relations Manager
Konica Minolta Business Solutions U.S.A., Inc.
CDP, formerly Carbon Disclosure Project, 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 822 institutional investors with assets of US$95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. More than 5,500 companies disclosed environmental information through CDP in 2015. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. www.cdp.net @CDP