Konica Minolta Receives Sustainability Honors
- Published: March 09, 2017
RAMSEY, NJ | Konica Minolta has been awarded RobecoSAM Silver Class, a global distinction for corporate sustainability. In this year’s assessment, Konica Minolta received a high score in the Materiality category in the Economic Dimension and earned the highest evaluation for three consecutive years in the Computers & Peripherals and Office Electronics sector for its environmental initiatives on climate change strategies, environmental policy, and management and information disclosure. RobecoSAM, based in Switzerland, is the investment specialist focused exclusively on Sustainability Investing. RobecoSAM invites over 3,000 of the world’s largest companies to participate in the Corporate Sustainability Assessment.
The company has identified six material issues of its CSR activities: environment; social innovation; customer satisfaction and product safety; responsible supply chain; human capital; and diversity.
In the Environment Dimension, which includes climate strategy, environmental policy, management system, and information disclosure, the company was given the highest evaluation by RobecoSAM. Konica Minolta is promoting three “green” activities worldwide—Green Products, Green Factories, and Green Marketing—to achieve the goal of reducing CO2 emissions throughout a product’s lifecycle by 80% by 2050 from fiscal 2005 levels under Eco Vision 2050—a long-term environmental plan the company launched in 2009.
According to the company, its businesses have to play a meaningful societal role in contributing to environmental protection and solutions for many challenges surrounding a global society. Based on this approach, it has been vigorously working on the creation of new values through innovations
In addition to receiving RobecoSAM Silver Class, the company has been included in Dow Jones Sustainability World Index for four years and Dow Jones Sustainability Asia Pacific Index for seven years by Dow Jones and RobecoSAM, FTSE4Good Global Index of the UK-based FTSE Group for 12 years, and Japan-based Morningstar Socially Responsible Investment Index since 2003. In addition, it has been named to CDP's Japan 500 Climate Disclosure Leadership Index for three years. Konica Minolta has also been awarded Prime Status by Germany-based oekom research since 2011, among the best companies for CSR in its worldwide industry segment.
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