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Konica Minolta Selected for the 2023 CDP Supplier Engagement Leader
April 3, 2024
Konica Minolta, Inc. (Konica Minolta) has been selected for the 2023 CDP Supplier Engagement Leader in the Supplier Engagement Rating for the fourth consecutive year by CDP, an international not-for-profit organization working to achieve a sustainable economy.
Supplier Engagement Rating assesses how effectively companies are working with suppliers on climate change issues based on the companies’ responses to selected questions. Of all the companies that responded, top companies are selected as Supplier Engagement Leaders. In fiscal 2023, more than 23,000 companies around the world, worth two thirds of the total global market capitalization, disclosed their environmental data, and 458 companies including 109 Japanese companies were recognized as Supplier Engagement Leaders.
Konica Minolta notes that this recognition is the result of its efforts to achieve the carbon minus* goal in cooperation with customers, suppliers and other business partners.
*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 Carbon-Neutral Partner Activities
Konica Minolta is providing its suppliers with the environmental technologies and expertise it has developed through activities at its production sites, to help suppliers reduce both environmental impacts and costs. At the same time, Konica Minolta is promoting Carbon-Neutral Partner Activities with the aim of becoming carbon neutral. In order to expand the number of companies benefiting, the company developed an energy conservation assessment tool for this purpose by digitalizing the expertise of specialists, thus establishing an innovative program that does not require on-site visits.
Konica Minolta promotes carbon neutrality across the entire supply chain with many years of experience and efficiency through DX, and Konica Minolta, together with suppliers, aims to bring greater value to society.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. In 2023, more than 23,000 companies worth two thirds of global market capitalization, and over 1,100 cities, states and regions, disclosed data through CDP. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
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 |
|---|---|
| FTSE Blossom Japan Index (UK) | Included in the index consecutively since its establishment in 2017 |
| FTSE Blossom Japan Sector Relative Index（UK） | Included in the index since its establishment in 2022 |
| 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 Sustainability Yearbook (USA) | Included in the Sustainability Yearbook consecutively since 2011 |
| ISS ESG (USA) | Maintained the highest Prime Status since 2011 |
| CDP (UK) | Included on the Supplier Engagement Leader (2016, 2018, 2020-2023) |