Konica Minolta listed among Global 100 Most Sustainable Corporations
For the fourth time in three years, Konica Minolta has been listed among the Global 100 Most Sustainable Corporations in the world.
The recognition includes being listed among the Global 100 Most Sustainable Corporations in the World, awarded a global leadership position on the Climate A List by Carbon Disclosure Project (CDP), and listed on the Dow Jones Sustainability World Index.
The company has been listed among the “2021 Global 100 Most Sustainable Corporations in the World”. Its inclusion on the list marks the fourth time and the third year in a row the company has been featured, following 2011, 2019 and 2020.
The Global 100 is announced annually by the Canada-based Corporate Knights at the meeting of the World Economic Forum (WEF), known as the Davos Meeting.
Selected from among 8,080 companies around the globe, the corporations are evaluated on environmental, social, and governance indicators as well as the ability to promote diversity and innovation and the percentage of sales of eco-friendly products.
Konica Minolta was also awarded a global leadership position on the Climate A List by CDP, an international not-for-profit organisation engaged in activities to help realise a sustainable economy. This is the fifth time the company was awarded the position.
The Climate A List comprises companies that have been recognised as global leaders for their actions and strategies in response to climate change. Of the more than 5,800 companies around the world that were covered by CDP’s survey, 270 companies were included on the Climate A List this year for their actions to reduce CO2 emissions and mitigate climate change.
Konica Minolta has committed to achieving carbon minus status ahead of schedule, by 2030 instead of 2050. According to the company, it will achieve this goal by the establishment of its long-term management vision and its DX2022 medium-term business strategy.
By promoting digital transformation, Konica Minolta says it is ramping up its efforts to work with more companies, including customers and business partners, to reduce more extensive environmental impacts.
On top of these achievements, Konica Minolta has been included in the Dow Jones Sustainability World Index, a global environmental, social and governance investment index. This will be the ninth year that the company has been included in the index.
It has also been included in the Dow Jones Sustainability Asia Pacific Index for the 12th consecutive year.
By examining the UN Sustainable Development Goals and macro trends, Konica Minolta says it has gained insight into social and environmental issues expected to be critical by 2030. In response, it conducted a materiality analysis examining the intersection between social issues to be solved and its own business growth.
According to the company, this has led to the identification of five new material issues for it to tackle, these include improving fulfilment in work and corporate dynamism, supporting healthy, high-quality living, ensuring social safety and security, addressing climate change, and using limited resources effectively.
These five material issues are linked to Konica Minolta's business growth strategy and are now the cornerstones for action in each of the Group’s business areas.
In alignment with the value creation process of each business unit, Konica Minolta will implement initiatives for both business growth and sustainability to create value for customers and broader society.
“Konica Minolta is a global leader when it comes to corporate social responsibility, sustainability, and other important causes,” says Yohei Konaka, chairman and managing director of Konica Minolta Australia.
“Being recognised for its commitment to sustainability on a global level is a testament to the value that Konica Minolta is adding to the communities in which it operates.”