Policy
Environmental Management Concept
Expand Business Contributions by Resolving Environmental Problems
Konica Minolta aims to be “a global company that is vital to society, bringing vision to reality,” and “a robust and innovative company, continually evolving and contributing to the sustainable growth of society and individuals.” This will allow Konica Minolta to realize its management philosophy of “the creation of new value.” Konica Minolta practices sustainability and environmental management that integrates efforts to help resolve social and environmental issues with corporate growth. With the understanding that sustainability and environmental initiatives are themselves management strategies, the Company believes that their significance lies in integrating to a higher degree the effort to “support people in achieving their own purpose“ and “realize a sustainable society” through its business activities.
Konica Minolta aims to achieve further growth as a global company and to realize a sustainable society. To achieve this vision, it is necessary to identify social challenges as business opportunities and generate innovative solutions, which in turn will drive Konica Minolta’s own sustainable growth.
Konica Minolta's environmental management is based on the concept of growing existing businesses and creating new ones through efforts to solve environmental problems such as climate change. The aim is to grow the Company and become an enterprise that is vital to the world.
For example, a changeover from the electricity consumed in factories and offices to clean electricity that emits no greenhouse gases (GHG) would incur previously unnecessary costs, such as costs for installing solar panels and other equipment for generating renewable energy-derived electricity, and for purchasing renewable energy certificates. In addition, product design and production process innovation are essential for recycling resources, reusing recycled resources, and reducing emissions of hazardous substances and could pose a risk of reducing productivity and quality. However, a necessary precondition for achieving a sustainable business is creating environmental value without a loss of business value. Konica Minolta practices environmental management and views it as a business opportunity to create new business value by maintaining a close connection with stakeholders including customers, suppliers, and society.
Policy of Environmental Management in the Konica Minolta Style
Creation of Shared Value with Stakeholders
When working to overcome environmental challenges on a global scale, there is a limit to what can be achieved by just one company. This is why it is essential to expand the impact of environmental efforts by working with stakeholders such as suppliers, customers, and local communities.
Konica Minolta is working to develop its business together with society by contributing to reducing CO2 emissions from society as a whole through collaboration with stakeholders, including business partners and customers. CO2 reduction activities at Konica Minolta’s suppliers have produced tremendous results. By passing on know-how for raising environmental and business value to a total of 50 companies up until fiscal 2022, Konica Minolta achieved a CO2 reduction of 23,000 tons and effective resource utilization of 3,000 tons, resulting in a cost reduction equivalent to 600 million yen. The Company believes that, by working with its suppliers, it can go beyond its responsibility to support their activities that fulfill their social responsibilities and contribute more actively to reducing CO2 emissions on this planet.
Moreover, through its green marketing activities, which started in 2014, Konica Minolta has been providing its own environmental expertise and helping to solve environmental issues for customers who share Konica Minolta’s environmental management, thereby building a relationship of trust and making Konica Minolta a preferred business partner. Through this activity, Konica Minolta has established relationships with more than 500 customer companies.
Furthermore, in June 2020, the Company began operating the Environmental Digital Platform to collaborate with more companies. In its green marketing activities, the Company was initially limited to exchanging information only with client companies. However, if environmental information is digitally distributed among the Company’s client companies, participating companies can elevate their environmental management practices. This led Konica Minolta to create the Environmental Digital Platform, a mechanism for sharing information on environmental management, which serves as an ecosystem for co-creating environmental management. Konica Minolta believes that expanding this collaborative network globally will significantly enhance its contribution to solving the environmental problems of broader society.
Medium-Term Approach to Environmental Activities