Addressing Climate Change

Plan and Results

Plan

Konica Minolta assesses its efforts of addressing climate change by setting quantitative targets for the short, medium, and long term, and these targets consider both social and environmental value, along with economic value. Working to achieve the Company’s Eco Vision 2050 targets and Carbon Minus goal, each division sets reduction targets and draws up plans for each fiscal year in the medium-term plan, and proactively takes steps to achieve them.
Konica Minolta has set a target of reducing CO₂ emissions throughout the lifecycle of its products by 61% compared to fiscal 2005 by fiscal 2025, while at the same time generating 800,000 tons of CO₂ emission reductions that benefit its customers, suppliers, and the broader society. The goal is to achieve Carbon Minus status by fiscal 2025 through these initiatives.

Vision for 2030 and Medium-Term Plan

Vision for 2030: Reduce CO₂ emissions by Konica Minolta, enhance CO₂ emissions reduction at corporate clients and suppliers

Related SDGs:

Themes		Indicators		Results			Targets
Themes		Indicators		FY2020	FY2021	FY2022	FY2022
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	624	640
		Economic value	Solution sales (billion yen)	51	56	76	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	18	18
		Economic value	Monetary equivalent of energy reduction (million yen)	79	270	450	350
		Social and environmental value	Amount of CO₂ reduced through procurement of renewable energy (thousand tons)	7	10	20	20
	Reduction of life cycle environmental impact of Konica Minolta products (product use and procurement)	Social and environmental value	Reduction of CO₂ emissions (thousand tons)	14	25	53	50
		Economic value	Sales from sustainable solutions (billion yen)	676	597	777	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	6.4	5.0
	Reduction of environmental impact at suppliers using DX^*2	Economic value	Monetary equivalent of energy reduction (million yen)	16	43	103	77

Themes		Indicators		Targets
Themes		Indicators		FY2023	FY2024	FY2025
Reducing Energy Usage and CO₂ Emissions by Transforming Customer Processes		Social and environmental value	Amount of contribution to CO₂ reduction (thousand tons)^*1	630	720	800
		Economic value	Solution sales (billion yen)	89	97	100
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)	6	13	20
		Economic value	Monetary equivalent of energy reduction (million yen)	280	560	840
		Social and environmental value	Amount of CO₂ reduced through procurement of renewable energy (thousand tons)	3	8	34
	Reduction of life cycle environmental impact of Konica Minolta products (product use and procurement)	Social and environmental value	Reduction of CO₂ emissions (thousand tons)	22	47	78
		Economic value	Sales from sustainable solutions (billion yen)	-	-	840
	Reduction of environmental impact at suppliers using DX^*2	Social and environmental value	Amount of contribution to CO₂ reduction (thousand tons)^*1	1.8	3.5	4.1
	Reduction of environmental impact at suppliers using DX^*2	Economic value	Monetary equivalent of energy reduction (million yen)	42	81	94

Note: 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.
*1: Contribution to CO₂ reduction: Volume of CO₂ emissions reduced at customers, business partners and the broader society
*2: Cumulative reductions for each fiscal year from FY2020 - FY2022 and FY2023 - FY2025. Total reduction amount for each fiscal year due to the measures implemented from the first fiscal year of each period to the relevant fiscal year.

Details on Task Force on Climate-related Financial (TCFD) disclosures are available here.

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Results

Progress of the Medium-Term Plan for Fiscal 2022

In its medium-term business plan through fiscal 2022, Konica Minolta achieved reductions that exceeded its CO₂ emissions reduction plan through energy saving and renewable energy at its production sites, reduced CO₂ emissions in its products’ lifecycle, and reduced the environmental impact of its suppliers through use of DX. The economic value (in terms of solution sales and energy reduction monetary value) of these indicators was also exceeded due to the solid performance of the planned measures.
As for the reduction of energy and CO₂ through the transformation of customers’ work processes, their contribution to CO₂ reduction fell slightly below plan, but the planned sales of the target solutions were achieved.

Progress on Achieving Carbon Minus Status

CO₂ emissions in the lifecycle of Konica Minolta products in fiscal 2022 were approximately 850,000 tons, 58% reduction compared to fiscal 2005. This result was due to the visible effects of the Company’s CO₂ emissions reduction efforts. Konica Minolta’s contribution to CO₂ emissions reduction outside of its products’ lifecycles was 624,000 tons, bringing it one step closer to Carbon Minus status.

(For more information on targets and results, please refer to Sustainability Targets and Results)
For detailed data, please refer to ,the Environmental Data (Excel) on the ESG Data page.