Material Issue 4
Addressing Climate Change
Social and environmental issue outlook for 2030
The Paris Agreement provides a framework for the world to move more quickly and ambitiously to build a low-carbon global society. At the same time, there are concerns that the needed changes will not happen fast enough and climate change will have a harsh impact on the world. If and when the low-carbon society is achieved, the energy structure of entire industries will have changed significantly, including the widespread use of renewable energy and dramatic energy savings. On the other hand, if dire climate change predictions materialize, rising sea levels will submerge coastlines and damage biodiversity. There will likely also be frequent severe weather events, such as typhoons and hurricanes, which could have a significant impact on both industry and people's lives.
Climate-related Financial Information Disclosure（TCFD）
Opportunities for Konica Minolta to create value, and risks to be minimized
Vision for 2030 and Medium-Term Plan 2022
Vision for 2030: Reduce CO2 emissions by Konica Minolta. Enhance CO2 emissions reduction at corporate clients and suppliers, and reduce the carbon footprint of society.
|Reducing Energy Usage and CO2 Emissions by Transforming Customer Processes||Social and environmental value||Amount of contribution to CO2 reduction (thousand tons)*1||578||585||700||640|
|Economic value||Solution sales (billion yen)||51||56||66||71|
|Energy Usage and CO2 Emissions Reduction Related to Konica Minolta Sites, Business Partners, Products and Services||Reduction of environmental impact of Konica Minolta production sites *2||Social and environmental value||Reduction of CO2 emissions (thousand tons)||4||12||10||18|
|Economic value||Monetary equivalent of energy reduction (million yen)||79||270||210||350|
|Social and environmental value||Amount of CO2 reduced through procurement of renewable energy (thousand tons)||7||10||12||20|
|Reduction of environmental impact through the use of Konica Minolta products and services||Social and environmental value||Reduction of CO2 emissions (thousand tons)||14||25||28||50|
|Economic value||Sales from sustainable solutions (billion yen)||676||597||690||690|
|Reduction of environmental impact at suppliers using DX*2||Social and environmental value||Amount of contribution to CO2 reduction (thousand tons)*1||1.1||2.8||2.1||5.0|
|Economic value||Monetary equivalent of energy reduction (million yen)||16||43||32||77|
- Targets and results have been revised retrospectively to fiscal 2020 figures as the method of calculating the effects of measures was changed in fiscal 2021.
- Contribution to CO2 reduction: Volume of CO2 emissions reduced at customers, business partners and the broader society
- Reduction amount for each fiscal year due to the measures implemented during medium-term plan
Konica Minolta's Approach
Konica Minolta has decided — with the implementation of its new long-term management vision and DX2022 medium-term business plan — to bring forward its deadline for achieving “Carbon Minus” status by 20 years to 2030.
As its business shifts from products to services through DX, Konica Minolta will shift its Carbon Minus initiatives to activities that leverage DX as well. Konica Minolta will help transform the conventional business model of mass production and disposal by supporting clients with on-demand production, work style reform, edge computing, and other efforts. It will also promote the transition to a fully paperless world, while helping to minimize energy use in the digital society.
Leveraging digital transformation (DX) technologies, Konica Minolta will pursue collaboration with even more corporate clients and business partners, taking on the challenge of promoting broad-scale environmental impact reduction. The company aims to achieve sustainable growth dramatically expanding its contribution to the reduction of environmental impact while improving financial performance. This will be done by utilizing digital technology to introduce the Carbon Neutral Partner Activities that provide business partners with Konica Minolta environmental expertise, and by promoting the Environmental Digital Platform launched in June 2020.
Businesses: Reducing Energy Usage and CO2 Emissions by Transforming Customer Processes
●Reducing energy usage and CO2 emissions in customer business processes through on-demand printing and production
- Using Digital Technology to Reduce the Environmental Impact of Commercial Printing — Digital Inkjet Printer AccurioJet KM-1
- UV Inkjet Digital Printing Machine That Reduces Power Consumption by Realizing Automatic Duplex Printing without Drying Time
●Streamlining gas leak inspection work and compliance activities related to global warming prevention regulations
- Contributing to Safety and Security as well as Environment-friendly Operation by Visualizing Gas Leaks — Gas Monitoring Solution
●Streamlining customer workflow and reducing supply chain loss through process technology that makes the most of materials
- Dramatic Improvements in Productivity for Polarizing Plate Manufacturers with QWP Film Oriented Diagonally
●Collaborating with customers globally through the Environmental Digital Platform, a DX-based ecosystem
Internal Action: Energy Usage and CO2 Emissions Reduction Related to Konica Minolta Sites, Business Partners, Products and Services
●Reducing environmental impact and costs at Konica Minolta sites
- Sustainable Factory Certification System
- Saving Energy and Preventing Global Warming in Production Operations
●Reducing environmental impact and costs at business partners using DX
●Reducing the environmental impact of products