Konica Minolta, Inc. (Konica Minolta) has been included in all four responsible investment (RI) indices adopted by the Japanese Government Pension Investment Fund (GPIF)*1.
The four indices are the FTSE Blossom Japan Index, the MSCI Japan ESG Select Leaders Index, the MSCI Japan Empowering Women Index, and the S&P/JPX Carbon Efficient Index. This is the fifth consecutive year that Konica Minolta has been listed in all of these ESG indices since the GPIF first introduced them. Konica Minolta has also been included in one of the world's best-known RI indices, the FTSE4Good index series, for 18 consecutive years.
Konica Minolta's Commitment to Sustainability
In its medium-term business plan "DX2022," Konica Minolta reaffirms its efforts to become a company that is clearly committed to solving social issues as part of its fundamental policy. The company continues to focus on developing innovations that can promote the creation of new value for the global environment and human society as well as Konica Minolta's growth. In the wake of the global Covid 19 pandemic, the company has been considering how it can contribute to the fight against the pandemic and has offered various support measures and solutions, leveraging its strengths in healthcare and a variety of other areas. For example, to assist with recent vaccinations, Konica Minolta helped set up mass vaccination centres by using its expertise in organising venues, and added speech-to-text and remote sign language interpretation services to its Multilingual Interpretation for Medical Facilities app to assist hearing-impaired people at vaccination centres. In this way, Konica Minolta continues its efforts to address social issues in its business activities.
Meanwhile, the Environmental Digital Platform, launched by 16 Japanese companies including Konica Minolta, has grown to 44 member companies in just one year since its inception. Konica Minolta is using this platform to develop and share country-specific navigation maps with the companies. They provide compiled information on the adoption of renewable energy and recycled materials, helping to accelerate member companies' efforts in environmental management.
Based on these efforts, Konica Minolta strives to contribute to the Sustainable Development Goals (SDGs) while promoting the development of the economy and human society.
Overview of the individual indices
The FTSE4Good index series, launched by FTSE Russell, a global index provider based in the UK, lists companies around the world that demonstrate good environmental, social and governance (ESG) practices. In addition, the index series offers investors and RI funds the opportunity to select companies with good sustainability prospects for investment. The FTSE Blossom Japan Index was developed to include Japanese companies with excellent ESG practices and was selected by GPIF, the world's largest public pension fund, as one of the ESG indices for its passive investment strategy.
The MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index are ESG indices launched in 2017 by MSCI Inc, a global ESG research and index provider based in the US. These indices have also been adopted by GPIF.
The S&P/JPX Carbon Efficient Index was jointly launched by S&P Dow Jones Indices, one of the world's largest index providers, and Japan Exchange Group, Inc. Using TOPIX as a benchmark, it aims to reduce exposure to high carbon emitting companies while maintaining a similar risk-return profile to the benchmarks. This index was also selected by GPIF as its environmental index.
Reference: Assessment by External Parties
Konica Minolta is currently included in global ESG indices and is highly ranked in ESG ratings, as shown below:
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