KONICA MINOLTA LISTED ON THE DOW JONES SUSTAINABILITY WORLD INDEX, A LEADING GLOBAL INDEX FOR ESG INVESTMENT, FOR NINE CONSECUTIVE YEARS
On the DJSI Asia Pacific Index for 12 Consecutive Years
Tokyo (December 23, 2020) – Konica Minolta, Inc. (Konica Minolta) has been included in the Dow Jones Sustainability World Index (DJSI World), one of the world's most prestigious ESG investment indexes, for the ninth consecutive year.
It has also been included in the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) for the 12th consecutive year.
Konica Minolta’s Sustainability Strategy
Konica Minolta clarified issues it must help address by 2030 and worked backwards 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 examining the intersection between 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:
(1) improving fulfillment in work and corporate dynamism;
(2) supporting healthy, high-quality living;
(3) ensuring social safety and security;
(4) addressing climate change; and
(5) using limited resources effectively.
These five material issues are linked to Konica Minolta's business growth strategy and are now the cornerstones for action in each business area. In alignment with the value creation process of each business unit, Konica Minolta will implement initiatives for both business growth and sustainability to create value for customers and broader society.
Our "Medium-Term Sustainability Strategy 2022"
As the first step toward achieving its long-term vision, Konica Minolta set up the medium-term business strategy "DX2022" in 2020. Today’s increasingly urgent social and environmental issues can only be solved by innovation. By combining imaging IoT* and digital technologies to “make the invisible visible,” Konica Minolta will work to transform the workflows used in the workplace and contribute to society by making people’s lives even more fulfilling.
The DX2022 strategy aims to "leap to highly profitable businesses through DX,” and “evolve into a company clearly committed to solving social issues" by 2022. Under the strategy, key performance indicators have been set to measure the creation of social and environmental value as well as economic value for each of the five material issues. By working to solve social and environmental issues, Konica Minolta can also foster its own growth.
Vision for 2030 and SDG Related to Each Material Issue
Improving fulfillment in work and corporate dynamism
Increase labour 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 at corporate clients, in society, and 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, and reduce the carbon footprint of society.
Using limited resources effectively
Promote the effective use of resources at Konica Minolta, while also helping corporate clients and suppliers to achieve effective use.
About DJSI World
The DJSI World is a stock index presented by S&P Dow Jones Indices of the United States, that assesses corporate sustainability across economic, environmental, and social developments. DJSI World is highly recognised among global institutional investors that value ESG management and sustainability. This year of about 2,500 of the largest companies in the world evaluated, 323 companies were listed on the DJSI World, and 39 of these are Japanese companies including Konica Minolta.