Konica Minolta has been awarded again a GOLD Level Recognition Medal in the EcoVadis sustainability ratings for 2023, putting it amongst the top five per cent of companies in its industry.
EcoVadis of France issued the EcoVadis sustainability ratings to recognise corporate responsibility practices and the rating reflects Konica Minolta’s sustained and committed focus on being a highly sustainable and socially responsible business.
Olaf Jonas, General Manager Environmental Social Governance, Konica Minolta Business Solutions Europe said, “We are very proud to have again been recognised by EcoVadis’s independent assessment in recognition of our ongoing and unwavering commitment to environmental and corporate social responsibility. As the global community stands together to address the climate emergency, we are even more determined to ensure that our operations and partners combat the threats to our environment and society. We constantly review and refine our business to enhance our environmental and social impact, supporting healthier and more considerate ways of living and positively shaping the world around us.”
EcoVadis is a provider of business sustainability ratings, creating a global network of more than 90,000+ rated companies during the last few years. By earning a Gold Level Recognition Medal in EcoVadis’ sustainability ratings, Konica Minolta has been confirmed as being in the top five percent of benchmarked companies in its industry. 2023 marks the eighth successive year that Konica Minolta has participated in the independent audit process and been awarded a high ranking.
Using four key indices, the EcoVadis rating process assesses corporate social responsibility (CSR) in four key areas, Environment, Labour & Human Rights, Ethics, and Sustainable Procurement. The rating process is based on scorecards for each participating company that cover 21 CSR indicators, 190 commodities, and 150 countries. The evaluation environment is built on the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000, which consider environment, social, ethics, and supply chain activities.
Within the EcoVadis scorecard report, Konica Minolta was particularly praised for its Environment initiatives (receiving an ‘Outstanding’ score of 90%) and the report highlighted the company’s strengths in its policies, actions, and results in this field. Another highlight was EcoVadis’s score of 80 per cent (‘Advanced’) for Konica Minolta’s in Ethics, which again reflects its robust policies, actions, and results in this field.
