Konica Minolta Awarded “Prime” Status by Oekom Research for Corporate Social Responsibility
Five Years in International Recognition among World's Best Companies in Social and Environmental Performance
Tokyo (February 24, 2015) - Konica Minolta, Inc. (Konica Minolta) is pleased to announce that the company has been awarded Prime Status by the Germany-based oekom research AG (oekom) in its 2015 Corporate Rating as one of global leading companies for corporate social responsibility within the industry segment of electronic device and appliance. The company has maintained Prime Status for five years since 2011.
Known as one of the world’s leading rating agencies for its internationally-acclaimed researches in sustainable investment and sustainability ratings, oekom has been evaluating companies around the world through its original Corporate Rating with a comprehensive set of criteria in terms of social and environmental measures. A company is given Prime Status if it ranks among the best companies in the same industry segment in the overall rating.
In this assessment, Konica Minolta earned the highest evaluation for eco-efficiency. The company was also highly appraised in the following perspectives:
- Global medium-term environmental plan and promotion of diverse initiatives with the goals of both environmental impact reduction and increase in corporate value;
- Efforts to minimize material use, including utilization of recycled materials through its proprietary technologies;
- Advanced implantation of chemical substance management; and
- Stringent response to evolving environmental standards
Based on its management vision to become “a global company that is vital to the society” and “an innovative company that is robust and constantly evolving,” Konica Minolta aims to both meet its social responsibilities and build on its competitive edges. The Konica Minolta Group has selected issues, such as environmental challenges, that are very important to society and have a great impact on its businesses and internationally drive CSR initiatives embedded in the businesses by utilizing its proprietary technologies and long-fostered know-how. The comprehensive management system and activities have been highly appraised.
Besides the oekom Prime Status, Konica Minolta has been included in the Dow Jones Sustainability World Index for three years in a row, in the FTSE4Good Global Index by the FTSE Group in the UK for twelve years and the Japan-based Morningstar Socially Responsible Investment Index. The company has also been awarded RobecoSAM Gold Class. In addition, in 2014 Konica Minolta was selected by CDP for inclusion in both its global Climate Change Performance Leadership Index and Japan 500 Climate Change Disclosure Leadership Index.
Under the brand proposition “Giving Shape to Ideas,” Konica Minolta will continue developing innovative ideas and ability to put those ideas into practice toward creation of new values that contribute to solve issues in the global society through its business-integrated CSR activities.