MISSISSAUGA, Ontario, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. (Konica Minolta), a leader in Technology and IT Services, today announced that it has been awarded a global leadership position on the Climate A List by CDP*1, an international not-for-profit organization engaged in activities to realize a sustainable economy, for the fourth time, including the most recent in 2016 and 2017.
The Climate A List
The Climate A List is comprised of companies that have been recognized as global leaders for their actions and strategies in response to climate change. Of the more than 6,200 companies around the world that were surveyed by CDP, 112 companies, including 13 Japanese companies, were selected for the Climate A List this year.
Konica Minolta considers that its inclusion on the Climate A List for the second consecutive year reflects continued high recognition of its response to climate change and disclosure of information on the process.
Long-term Environmental Vision
Last year, Konica Minolta expanded the scope of its Eco Vision 2050, a long-term environmental vision launched in 2009, by adding the “Carbon Minus” concept as a more ambitious goal. While Konica Minolta has been working to achieve an 80% reduction of CO2 emissions throughout the product lifecycle by 2050 from the level of fiscal 2005, the company has also taken on a new commitment to involving its stakeholders, including suppliers, customers and communities, in its environmental efforts to reduce CO2 emissions by more than the amount of CO2 emissions from its corporate activities.
Currently, Konica Minolta is steadily implementing environmental measures worldwide, including sharing a variety of environmental technologies and know-how it has developed over the years with its suppliers and customers working jointly to reduce CO2 throughout society.
Last fiscal year, Konica Minolta, by backcasting from Eco Vision 2050, set an interim goal of achieving a 60% reduction of CO2 emissions throughout the product lifecycle by 2030 from fiscal 2005. This goal was recognized as a science-based target by an international initiative, the Science Based Targets initiative (SBTi)*2.
*1：CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 803 institutional investors with assets of US$100 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. www.cdp.net
*2：The SBTi was jointly established by CDP, the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) in 2015 to attain science-based targets to reduce greenhouse gas emissions and thereby limit global warming to less than 2℃ compared to pre-industrial temperatures.
About Konica Minolta
Konica Minolta Business Solutions (Canada) Ltd. is reshaping and revolutionizing the Workplace of the Future™ (www.reshapework.ca). With our comprehensive portfolio, we deliver solutions to leverage mobility, cloud services and optimize business processes with workflow automation. Konica Minolta's IT services division IT Weapons offers a range of IT strategy, support, and network security solutions across all verticals. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for 10 consecutive years. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for five years in a row. We partner with our customers to give shape to ideas and work to bring value to our society. For more information, please visit: www.konicaminolta.ca and follow Konica Minolta on LinkedIn, YouTube, Facebook and Twitter @KonicaMinoltaCA.