iTWire

Konica Minolta has been given the highest evaluation for its environmental management efforts with the Climate A listing by CDP.

CDP, formerly Carbon Disclosure Project, is an international, not-for-profit organisation providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.

Of more than 5,000 companies around the world that were covered by CDP’s survey, 193 companies - including 22 Japanese companies - were included on the Climate A List this year for their actions to reduce CO2 emissions and mitigate climate change.

Konica Minolta says it considers its response to climate change and disclosure of information on the process and results of its response were reasons for its inclusion on the Climate A List.

The company says that under the philosophy “The Creation of New Value,” it has been promoting environmental management focusing on creating new value, in both social and economic terms, by continuing efforts to reduce environmental impact in a manner compatible with corporate growth over the entire range of its business activities.

In Eco Vision 2050, a long-term environmental plan to control environmental impact, Konica Minolta sets a goal to reduce CO2 emissions throughout the product life cycle by 80% by 2050, compared to fiscal 2005 levels.

And, in the medium-term environmental plan 2016, Konica Minolta also sets specific targets in the areas of both environmental value (e.g. reduction of environmental impact) and corporate value (e.g. increased sales and cost reduction), in conjunction with its business plan.