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Konica Minolta Selected for the Supplier Engagement Leader of CDP’s Supplier Engagement Rating
Promoting the Green Supplier Activities to Achieve Carbon Minus
February 25, 2022
Konica Minolta, Inc. (Konica Minolta) has been selected for the 2021 CDP Supplier Engagement Leader in the Supplier Engagement Rating by CDP, an international nonprofit organization working to achieve a sustainable economy.
The Supplier Engagement Rating evaluates companies’ commitment to climate change throughout their supply chain. Excellent companies in the top 8% are selected for the Supplier Engagement Leader. More than 8,000 companies worldwide were surveyed. This fiscal year, more than 500 companies (including 105 Japanese firms) were selected globally for the Supplier Engagement Leader.
Konica Minolta has been promoting the Green Supplier Activities to achieve carbon minus* in 2030. The company believes that it has been selected for the Leaderboard in recognition of its efforts.
*Carbon minus represents Konica Minolta’s commitment to reducing CO2 emissions throughout its business activities to a level exceeding the CO2 emissions of the entire lifecycle of its products by working with stakeholders, such as business partners and customers.
Konica Minolta’s Green Supplier Activities
Konica Minolta has been promoting the Green Supplier Activities to provide suppliers with know-how for reducing environmental impact while reducing costs. In the activities, Konica Minolta’s environmental experts visit production facilities operated by suppliers, make improvement proposals including the cost reduction effect and need for investment, and promote activities to reduce the environmental impact in cooperation with suppliers.
Since 2020, we accelerated our efforts by launching DX-Green Supplier Activities, which enables suppliers to conduct energy conservation diagnoses and implement measures by themselves, even without Konica Minolta’s experts visiting the site, using energy-saving diagnosis tools that digitize the know-how of the company’s experts. As a result, in fiscal 2020, a total of 29 companies, including six new companies, were implementing Green Supplier activities, and 14 of these companies had achieved their Green Supplier Activity targets, which are equivalent to the level of the Konica Minolta Sustainable Factory Certification Standards.
Konica Minolta will work with many more suppliers to rapidly expand the efforts to reduce CO2 emissions and costs throughout the supply chain.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions.
Reference: Evaluation by External Parties
Konica Minolta is currently included in global ESG indexes and is ranked high in the ESG ratings, as shown below.
FTSE4Good Index Series (UK) | Included in the index consecutively since 2003 |
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FTSE Blossom Japan Index (UK) | Included in the index consecutively since its establishment in 2017 |
MSCI Japan ESG Select Leaders Index (USA) | Included in the index consecutively since its establishment in 2017 |
MSCI Japan Empowering Women Index (USA) | Included in the index consecutively since its establishment in 2017 |
Dow Jones Sustainability Index (USA) | Asia Pacific Index (DJSI Asia Pacific): Included in the index consecutively since 2009 |
S&P/JPX Carbon Efficient Index (USA, Japan) | Included in the index consecutively since its establishment in 2018 |
S&P Global (USA)) | Included in SAM Sustainability Award consecutively since 2013 (Four times as Gold, five times as Silver and Bronze) |
Corporate Knights (Canada) | Ranked among the Global 100 Most Sustainable Corporations in the World (2011, 2019, 2020, 2021 and 2022) |
ISS-oekom (Germany) | Maintained the highest Prime Status since 2011 |
CDP (UK) | Included on the Climate A List (2013, 2014, 2016, 2017, 2020 and 2021) |