Konica Minolta to Achieve Carbon Minus Goal in 2030, Ahead of Original 2050 Target

Striving for Drastic Reduction of CO2 Emissions with DX

Ramsey, NJ, Aug. 07, 2020 (GLOBE NEWSWIRE) — Konica Minolta Business Solutions U.S.A., Inc. announced today that its Japan-based headquarters, Konica Minolta, Inc. (Konica Minolta), has changed the target year to achieve the Carbon Minus goal stated in its Eco Vision 2050 from 2050 to 2030.

In 2017, Konica Minolta set a new goal of achieving the Carbon Minus status in 2050 in the Eco Vision 2050, a long-term environmental vision the company formulated in 2009. While Konica Minolta had been striving to reduce CO2 emissions from its products through their entire lifecycle (CO2 emissions produced by Konica Minolta’s business activities), the company also launched collaborative efforts to reduce CO2 emissions with external stakeholders, including suppliers, customers and society, to attain this new goal.

To realize the Carbon Minus status by 2030, earlier than the original schedule of 2050, it is necessary to accelerate the process of reducing CO2 emissions from internal and external sources. Konica Minolta is confident that its digital transformation (DX) will be effective in drastically reducing CO2 emissions from both sources and enable the company to achieve the goal by 2030.

Initiatives towards Achieving the Carbon Minus Status

Internal Efforts

Konica Minolta will focus more on its Green Factory activities. In particular, assembly factories with many suppliers will benefit from digital manufacturing, which will enhance their productivity and develop optimal production plans together with suppliers, thus helping to increase energy efficiency. Konica Minolta is also providing its expertise, advice and support to suppliers to help them reduce CO2 emissions, allowing the company to build greater trust with suppliers and contribute to reducing CO2 emissions from external sources. Konica Minolta has already achieved the goal of procuring 100% of electricity from renewable sources at its two factories in China and 43 sales companies in Europe. The company will continue efforts to source 100% renewable electricity for its global operations in a manner best suited to the local situation.

Efforts with Suppliers

Konica Minolta has been conducting the Green Supplier activities in which its experts visit suppliers’ factories to develop strategies to improve energy efficiency together and reduce CO2 emissions throughout the supply chain beyond Scope 3*. Suppliers also visit Konica Minolta’s factories to learn hands-on environmental initiatives. To effectively support more suppliers in their environmental efforts, Konica Minolta will offer an energy-saving diagnosis service on a digital platform instead of sending its experts to suppliers, so that suppliers can perform the entire process from assessing energy efficiency and identifying problems to taking action to improve their practices on their own. This service will also enable Konica Minolta to support more than ten times as many suppliers as before. Konica Minolta will also assist suppliers of its renewably powered Chinese MFP factories to shift to renewable sources by sharing the factories’ knowledge on switching to renewable energy and prompting them to introduce renewable sources through cooperation with other suppliers in neighboring areas.

Efforts with Customers

Konica Minolta is combining its business and sustainability management strategies so the growth of the company’s operations directly helps solve environmental problems. Konica Minolta not only offers energy-efficient products to reduce CO2 emissions from customers’ sites, but also supports customers’ business operations, helping them enhance work efficiency and reduce environmental impacts by providing products and services that assist customers in digital transformation. These products and services include on-demand digital package, label and textile printing solutions that drastically improve production processes; the digital workplace platform that enables customers to go paperless, work anywhere, and thus reform their conventional workstyle and edge-based IoT solutions to promote workflow reforms.

Aware of the importance of tackling environmental problems industry-wide to drastically increase the problem-solving ability, Konica Minolta launched the Environmental Digital Platform in cooperation with 15 Japanese companies in June 2020 to share and expand environmental know-how among them and create new values together to enhance environmental management efficiency. By collaborating with external stakeholders, including suppliers, customers and society, it can make an even greater contribution to environmental sustainability. Konica Minolta remains committed to reducing CO2 emissions to tackle the threat of climate change in cooperation with stakeholders and to enhancing corporate value together.

Learn more about Konica Minolta’s environmental initiatives online.

*Scope 3 is one of the categories of emissions used for calculating greenhouse gas (GHG) emissions defined in a global guideline, The Greenhouse Gas Protocol.

Scope 1: Direct GHG emissions from sources owned or controlled by the company

Scope 2: GHG emissions from electricity and other energies purchased and used by the company

Scope 3: GHG emissions from use of sold products and services not covered by Scope 1 and Scope 2, including emissions from production and transportation of raw materials and from use of the company’s products by customers

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is reshaping and revolutionizing the Workplace of the Future™ with its expansive smart office product portfolio from IT Services (All Covered), ECM, Managed Print Services and industrial and commercial print solutions. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for thirteen consecutive years, and is proud to be ranked on the Forbes 2017 America’s Best Employers list. The World Technology Awards recently named the company a finalist in the IT Software category. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for eight consecutive years and has spent three years on the Global 100 Most Sustainable Corporations in the World list. It partners with its clients to give shape to ideas and work to bring value to our society. For more information, please visit us online and follow Konica Minolta on FacebookYouTubeLinkedIn and Twitter.

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Maggie GrandeKonica Minolta Business Solutions U.S.A., Inc.551-500-2659mgrande@kmbs.konicaminolta.us

SOURCE Konica Minolta

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