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Konica Minolta Group Achieves Goal of Sourcing 100% Renewable Electricity…….

……….. at All of Its Own Global Production Sites for MFPs and Digital Printing Systems, Excluding Toner Production Sites

Konica Minolta, Inc. (Konica Minolta) announced that Konica Minolta Mechatronics Co., Ltd. (Konica Minolta Mechatronics), which is a production site for digital printing systems in Japan, has attained the goal of procuring 100% of the electricity it uses from renewable sources. Consequently, all of the Konica Minolta Group’s own global production sites that manufacture MFPs and digital printing systems (excluding those of toner) have achieved the goal of procuring 100% of the electricity they use from renewable sources.

Konica Minolta Mechatronics manufactures digital printing systems, which are the main products of Konica Minolta. It continues to create opportunities for transforming production by realising “production DX,” which combines on-site capabilities, which are based on production technologies and skills refined in the production and assembly of imaging, optics, and precision parts, with digital solutions, including automation of production lines.

Konica Minolta Mechatronics installed*1 a solar power generation system at its head office in 2021, which provides about 13%*2 of the electricity required by the head office plant. The Company attained the goal of procuring 100%*3 of the electricity it uses from renewable sources by purchasing and applying non-fossil certificates with tracking at its four sites in total, including the head office plant, in FY2024.

Konica Minolta’s Efforts to Achieve “Net Zero”

Regarding the material issue of “Addressing Climate Change,” Konica Minolta has been working to reduce CO2 emissions throughout the life cycle and has steadily produced results. In 2009, Konica Minolta formulated “Eco Vision 2050,” a long-term environmental vision. In May 2023, it launched a new vision to achieve “net zero” CO2 emissions from the product life cycle by 2050, a goal revised upward from the reduction of 80%. Konica Minolta is also a member of RE100, a global leadership initiative that brings together businesses committed to sourcing 100% renewable energy for their operations. The Company will enhance its reduction capabilities to achieve net zero emissions by sourcing 100% renewable energy for its operations by 2050. In recognition of such efforts, Konica Minolta’s net-zero targets were validated by the SBT initiative, an organization to help attain the target of the Paris Agreement, in July 2024.

*1:Using a Power Purchase Agreement (PPA)

*2:Estimation based on the electricity consumed from April 2023 to March 2024

*3:Ratio of electricity derived from renewable energy

About Konica Minolta Business Solutions (UK) Ltd

Konica Minolta is a market-leading Hardware Manufacturer, Smart Data and Digital IT Services company that builds and transforms digital business operations, workplaces, and IT infrastructures to meet the changing needs of customers of all sizes, across departments and industry sectors – both private and public sectors.

A broad portfolio of hardware and solutions and services include IT Infrastructures, Managed IT Services & Support, Process Digitisation and Automation, Digital Print, and Intelligent Video Solutions, as well Outsourced helpdesks and service desks for both front & back-office tasks.

Konica Minolta combines world-class technology partnerships with end-to-end expert operations and processes – from design to support, to transition 10,000 UK customers and partners to the future of work and our vision of an “Intelligent Connected Workplace”.

The company has won awards for its social contribution and is committed to workplace wellbeing, achieving its Sustainable Development Goals throughout the business and wider supply chain. Konica Minolta is listed among the ‘2022 Global 100 Most Sustainable Corporations in the World’ and has received the highest level in EcoVadis Sustainability Ratings.

Part of the global Konica Minolta Group, Konica Minolta Business Solutions (UK) Ltd is headquartered in Basildon, Essex with 10 regional offices across the UK, employing over 750 people.

Web: www.konicaminolta.co.uk

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