Konica Minolta receives Gold Class award

February 7, 2018

Konica Minolta, Inc. (Konica Minolta) was awarded Gold Class by RobecoSAM, which is headquartered in Switzerland and is a research and rating company in the ESG investment field. Among Japanese companies, only 5 companies received this prestigious title.

Specifically, Konica Minolta earned the highest evaluation in the Computers & Peripherals and Office Electronics sector in 11 categories including Materiality, Customer Relationship Management, Supply Chain Management, Innovation Management, and Privacy Protection in the economic dimension; Environmental Reporting, Operational Eco-Efficiency, and Hazardous Substances in the environmental dimension; and Social Reporting, Labour Practice Indicators, and Human Capital Development in the social dimension. Konica Minolta ranked highest in this sector in the combined evaluation of all the indicators. Furthermore, Konica Minolta is the only company in this sector that was awarded Gold Class. This result reflects the fact that Konica Minolta has been successfully addressing the six issues of materiality in its CSR activities, as indicated in the Industry Group Leader Report compiled by RobecoSAM.

Konica Minolta has identified the following six issues of materiality that need to be given priority in its CSR activities.

• Environment
• Social innovation
• Customer satisfaction and product safety
• Responsible supply chain
• Human capital
• Diversity

Konica Minolta explained that it places special focus on innovation in its business plan to achieve its vision to become a digital company with insight into implicit challenges. Creating innovation “requires all members of the company, whether engaging in product development, business planning, or indirect operations, to change their conventional way of working.” With this recognition, Konica Minolta said it is accelerating its efforts to facilitate workstyle reforms and create a corporate culture that enables human resources of various backgrounds to make their maximum contribution to innovation.

One of the strengths of Konica Minolta as a global company, according to the OEM, is its human resources with diverse attributes, such as nationality, race, ideology, culture, language, gender, age, and specialty, who are working around the world. Konica Minolta is eager to accept human resources from overseas to increase the diversity, experience, and knowledge of its members.

On December 1, 2017, Konica Minolta launched a policy to permit its members to take on a second job or work concurrently for the purpose of facilitating innovation, and introduced the Job Return System with a view to helping its members acquire a diverse range of skills through external work experience.

Under the brand proposition “Giving Shape to Ideas,” Konica Minolta aims to become a sustainable global company vital to society and will contribute to solving social challenges by creating values to enhance the quality of society through its business activities.

Categories : Around the Industry

Tags : Award CSR Konica Minolta Materiality RobecoSam