Konica Minolta named to all ESG Indexes adopted by the GPIF
August 2, 2024
Konica Minolta, Inc. (Konica Minolta) has been named to all of the six indexes adopted by Japan’s Government Pension Investment Fund (GPIF) for the eighth consecutive year.
These six indexes are the FTSE Blossom Japan Index, the FTSE Blossom Japan Sector Relative Index, the MSCI Japan ESG Select Leaders Index, the MSCI Japan Empowering Women Index, the S&P/JPX Carbon Efficient Index and the Morningstar Japan ex-REIT Gender Diversity Tilt Index. To coincide with this, Konica Minolta has also been included in the FTSE4Good Index Series, which is one of the most well-known sustainable investment indexes in the world, for 21 consecutive years.
Sustainability is now a common issue throughout the world, and since the integration of Konica and Minolta in 2003, the Company has positioned sustainability as the core element of management strategy. More recently, in 2020, Konica Minolta evaluated its own impact on society at large and the environment to help identify opportunities and risks to work towards creating a more sustainable society by 2030. As such, Konica Minolta has identified five material issues to focus on to create value within society. Namely:
- Improving fulfilment in work and corporate dynamism
- Supporting healthy, high-quality living
- Ensuring social safety and security
- Addressing climate change
- Using limited resources effectively
Konica Minolta has been working to create value through its business in response to five material issues.
In the Professional Print Business, the Company has been contributing to improving fulfilment in work and corporate dynamism by promoting the shift from analogue printing to digital printing, significantly reducing the work time through labour saving, elimination of dependence on skills, and remote work transition, and helping create a clean work environment at print shops and transformation to a creative and vibrant workplace.
The Company has also been contributing to addressing climate change and using limited resources effectively by reducing transport, storage, disposal, and intermediate goods through production at the right time, in the right amount, at the right place.
In the Industry Business, the Company has been contributing to addressing climate change by helping significantly reduce CO2 emissions and industrial wastewater by shifting the process of manufacturing printed circuit boards to the inkjet method. In terms of functional films, the Company has been contributing to using limited resources effectively by using TAC films derived from plants and achieving 100% recycling of out-of-spec products and surplus materials in the manufacturing process.
In the Healthcare Business, the Company has been contributing to supporting healthy, high-quality living by achieving early diagnosis using its proprietary image processing technology and ICT and increasing the efficiency at hospitals and clinics.
Through these activities, Konica Minolta said it aims to help people achieve their own purpose and realize a sustainable society to a greater degree.
Categories : Around the Industry
Tags : Business ESG Indexes GPIF Konica Minolta Sustainability
