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. On the road to achieving Carbon Minus status by 2030, Konica Minolta has set an interim target of reducing CO₂ emissions throughout the lifecycle of its products by 57% compared to fiscal 2005 by fiscal 2022, with 650,000 tons, or 3/5 of that amount, generated as CO₂ emission reductions that benefit its customers, suppliers, and the broader society.

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.

Related SDGs:

Themes		Indicators		Results		Targets
Themes		Indicators		FY2020	FY2021	FY2021	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	578	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
	Reduction of environmental impact at suppliers using DX^*2	Economic value	Monetary equivalent of energy reduction (million yen)	16	43	32	77

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: Reduction amount for each fiscal year due to the measures implemented during medium-term plan

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

Back to top

Results

Progress of the Medium-Term Plan for Fiscal 2022

In fiscal 2021, Konica Minolta achieved its targets for both CO₂ emissions reduction and the monetary value of energy reduction at its own sites and at suppliers. CO₂ emissions reductions achieved from the use of Konica Minolta products and services and the sales of sustainable solutions fell slightly short of targets. The contribution to CO₂ emissions reduction based on the transformation of business processes at customer sites, which we expect to have a major effect, fell slightly short of target due to the impact of COVID-19 and other factors that prevented sales volume from achieving the target.

Progress on Achieving Carbon Minus Status

CO₂ emissions in the lifecycle of Konica Minolta products in fiscal 2021 were approximately 790,000 tons, 61% reduction compared to fiscal 2005. This result was due to the Company’s CO₂ emissions reduction efforts, as well as challenges supplying enough products stemming from tight semiconductor supply and other factors. Konica Minolta’s contribution to CO₂ emissions reduction outside of its products’ lifecycles was 599,000 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.