Eco Vision 2050
Long-Term Environmental Target Eco Vision 2050
Given the urgency of global environmental issues, global businesses have a great responsibility to help build a more sustainable society by reducing environmental impact.
With Eco Vision 2050, Konica Minolta exemplifies its determination to fulfill its long-term environmental responsibilities.
Eco Vision 2050
1-1. Reduce CO2 emissions throughout the product lifecycle by 61% by 2025, compared to fiscal 2005 levels and help to reduce more than 800 thousand tons of CO2 emissions other than those in Scope 1, 2, and 3 to achieve Carbon Minus status
1-2. Reduce CO2 emissions throughout the product lifecycle to net zero by 2050
2-1. Reduce the use of the earth’s natural resources in our products by 90% or more by 2050
2-2. Contribute more to reducing use of the earth’s natural resources through products other than our own
3. Work to promote restoration and preservation of biodiversity
Addressing Climate Change
In Eco Vision 2050, its long-term environmental vision, Konica Minolta's addresses one of the material issues, “addressing climate change,” from a long-term perspective. With approval by the Board of Directors, in 2009, the vision set the challenging goal of reducing CO2 emissions from products throughout their entire lifecycle by 80% by 2050, compared to fiscal 2005 levels. In recent years, many companies have begun to reduce CO2 emissions throughout the entire product lifecycle, including the supply chain, as well as CO2 emissions from their own production processes. However, since 2009, Konica Minolta has been working to reduce CO2 emissions throughout the entire lifecycle and has steadily accumulated a track record of reductions.
In 2017, the issue of climate change was identified as an opportunity, and the Company added a commitment to achieve Carbon Minus status across its business activities and help to reduce CO2 emissions for society.
In May 2023, the Board of Directors approved the revision of Eco Vision 2050 and set a new vision of reducing CO2 emissions in the product life cycle from the previous 80% to net zero by 2050.
At the same time, although we had planned to achieve carbon minus by 2030, we have decided to achieve it by 2025, five years ahead of schedule.
We will more quickly provide product and service technology and knowhow developed at Konica Minolta to its stakeholders and expand its contribution to CO2 emissions reduction.
Carbon Minus means not only to reduce CO2 emissions for which we are responsible over the product lifecycle through energy-saving production processes and products, but also to share our knowhow on how to achieve both decarbonization and cost reductions with our customers and suppliers, to create a state where the amount of CO2 reduction outside of our responsibility exceeds the amount of emissions. Konica Minolta will accelerate the effects of decarbonization by not only fulfilling its own social responsibility, but also by supporting the social responsibility activities of its stakeholders. It also expands the ties between the company and its stakeholders, and grow its business together. CO2 emissions for which Konica Minolta is responsible are CO2 emissions directly related to its products and business. Specifically, they are CO2 emissions related to the lifecycle of the company’s products, including the manufacture of parts and materials that it procures, production within the company, distribution of its products, sales and service within the company, and the use of its products by customers. On the other hand, CO2 emissions generated by suppliers with parts and materials procured from other companies, and CO2 emissions generated by customers with products from other companies are outside of the company’s responsibility. However, Konica Minolta can contribute by reducing CO2 emissions outside of its responsibility by providing its CO2 reduction knowhow and technologies, and by helping customers to transform their production processes using Konica Minolta's products and services.
In Konica Minolta’s view, Carbon Minus consists of activities that are outside of the company’s responsibility and are more proactive in reducing CO2 emissions on the planet. Konica Minolta also hopes that visualizing the invisible effects of its activities will provide an opportunity for more people to gain a quantitative understanding of its achievements and become actively involved in CO2 reduction activities.
Using Limited Resources Effectively
In May 2023, Konica Minolta set a new vision for the fifth material issue, “Using Limited Resources Effectively,” adding it to the scope of Eco Vision 2050. Its vision is to "Aim for Zero Use of the Earth’s Natural Resources" in order to achieve a business that does not depend on the depleted earth’s natural resources* to provide its products and services.
Specifically, Konica Minolta will not only reduce the amount of resources used in its products, but also proactively shift to recyclable resources including recycled materials and bio-materials with the aim of reducing use of the earth’s natural resources by at least 90% by 2050. At the same time, we will maximize the contribution that our customers, suppliers, and other stakeholders make to reducing their use of the earth’s natural resources by contributing to this reduction with our own products and sharing our know-how.
*Earth’s Natural Resources
Resources that involve new mining, such as crude oil and mineral resources, which are generally synonymous with depletable resources.