About Konica Minolta

Giving Shape to Ideas

Sustainability Strategy

Helping to Solve Social Issues through Businesses Focused on Five Material Issues

The future is difficult to predict in a complex world characterized by population growth, developed countries with declining birthrates and aging populations, rapid digital transformation, greater use of biotechnology, multipolarity in international relations, and a worsening climate crisis. Given the uncertain future the world faces, Konica Minolta has decided to identify the social and environmental issues it must help address. While reaffirming its corporate DNA, the company clarified issues to be addressed by 2030, and then backcasted from that year to determine the targets it must tackle immediately.

After gaining insight into social and environmental issues expected to be critical by 2030 by examining the UN Sustainable Development Goals (SDGs) and macro trends, Konica Minolta conducted a materiality analysis from the perspectives of social issues that must be solved and Konica Minolta's business growth. This led to the identification of five new material issues for Konica Minolta to tackle starting in 2020. For each of these issues, vision was also established, thereby clarifying Konica Minolta's medium and long-term directions for value creation.

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Vision for 2030 and Five Material Issue

Material issue Vision for 2030 Related SDGs
Improving fulfillment in work and corporate dynamism
Increase labor productivity for corporate clients, society, and Konica Minolta. Make time for creativity, and promote workplaces where all individuals can thrive.
Supporting healthy, high-quality living
Promote health and high quality of life of clients, society, and at Konica Minolta. Help individuals lead fulfilling lives.
Ensuring social safety and security
Enhance safety and security in the workplaces of corporate clients and in society. Minimize risks posed by Konica Minolta products and services.
Addressing climate change
Reduce CO2 emissions by Konica Minolta. Enhance CO2 emissions reduction at corporate clients and suppliers.
Using limited resources effectively
Promote the effective use of resources at Konica Minolta, while also helping corporate clients and suppliers to achieve effective use.

These five material issues are linked to Konica Minolta’s business growth strategy and are the basis for promoting each business activity. Konica Minolta will pursue initiatives that integrate business growth and social sustainability to create customer and social value that align with the value creation process.

Value Creation Process

Backcasting from social issues envisioned for 2030, Konica Minolta meets the client’s needs through products and solutions from its four business. Not only by leveraging its strengths in intangible assets (customer relationships, fusion of technologies, and diverse human resources), Konica Minolta also seeks to create customer value through co-creation with customers. At the same time, the Company will continuously repeat this process of generating cash flow, which is the resulting economic value, and expand the impact of solutions for social and environmental issues.

Click below for details on the material issue identification process.

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Sustainable Products that Create Customer Value and Social Value

Identifyingproducts and solutions that solve social and environmental issues by material issue.

Opportunities and Risks for Material Issues

The material issues and the related opportunities and risks as of 2022 are shown in the table below. Each of Konica Minolta’s businesses works to create value with an awareness of material issues. For example, in the Industry Business, Konica Minolta is working to resolve the issue of passing on the skills of top workers by automating the inspection process, which relies on the skills of experienced workers at production sites, and to reduce the number of required workers, and contribute to greater quality of end products, and improve fulfillment in work and corporate dynamism. In the professional print business, the Company is helping to address climate change and use limited resources effectively by transforming its customers' supply chains to reduce transport, storage, disposal, and intermediate materials through production conducted with the right timing, quantities, and location. Furthermore, in the healthcare business, we contribute to "supporting healthy, high-quality living" by realizing precision medicine and early detection and diagnosis.
Sustainability risks are addressed as part of the management of material issues and risk management process.

  Social and environmental issues
(Assumptions for 2030)
Opportunities Risks
Improving fulfillment in work and corporate dynamism Bridging the digital divide and eliminating the labor shortage
Opportunity gaps for employment and creation
Transforming workflow and supply chain to help customers improve productivity and shift to more creative work Declining employee diversity, independence, and ability to innovate due to stagnant efforts to create workplaces that promote diversity
Supporting healthy, high-quality living Lower sustainability of medical and nursing care
Restricted medical care access
Reduced social security spending
Contributing to early diagnosis, lower medical costs, and higher QOL through imaging and medical IT services
Ensuring social safety and security Risk of workplace accidents due to aging facilities, etc. Ensuring the safety and security of businesses and society through image monitoring
Ensuring customer quality through advanced measurement and inspection
Damage to company or society due to serious accidents caused by products or services
Addressing climate change Adaptation to changes associated with the transition to a carbon-neutral world
Impact of climate change on society, the economy, and ecosystem
Reducing the impact of energy and CO2 on client companies and society by transforming the workflow and supply chain Declining competitiveness due to delayed transition to sustainable energy
Delayed business restructuring to accommodate the paperless trend
Supply chain disruptions due to abnormal weather
Using limited resources effectively Adaptation to changes associated with the transition to a circular economy
Impact of resource depletion on society, the economy, and ecosystem
Reducing resource use and improving resource efficiency at client companies and in society by transforming the workflow and supply chain Declining competitiveness due to delayed switching to sustainable raw materials
Increasing material costs due to raw material shortages and supply instability

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