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Konica Minolta Joins Sustainability Initiative, RE100, Aims to Run Its Business on 100% Renewable Power by 2050

Company partners with leaders in renewable energy to fight climate change

MISSISSAUGA, ON. (February 21, 2019) – Konica Minolta Business Solutions (Canada) Ltd. (Konica Minolta) announced today that its Japan-based headquarters, Konica Minolta, Inc. (Konica Minolta), has joined RE100, a global leadership initiative bringing together influential businesses committed to sourcing 100% renewable power for their global operations. Konica Minolta will aim to source the electricity used in its business operations from 100% renewable power by 2050.

RE100 is led by The Climate Group, an international NPO focused on accelerating climate action in partnership with CDP. The initiative is comprised of companies that are committed to procuring 100% of their electricity consumption from renewable sources. As of February 12, 2019, 162 companies have joined RE100 worldwide.

The effects of climate change are rapidly increasing on a global scale. It’s predicted that by 2030 much of society will run on renewable power, minimizing reliance on fossil fuels which are the main source of man-made CO2 emissions. Konica Minolta believes that quickly adapting to renewable power sources is necessary for achieving sustainable corporate growth.

In addition to its existing long-term environmental action plan, Eco Vision 2050, Konica Minolta is now committed to the goal of sourcing 100% of its electricity from renewable power by the year 2050. Konica Minolta recognizes that joining RE100 will help them reduce global CO2 emissions by adopting the use of renewable power sources.

Konica Minolta’s medium and long-term policies include the expansion of renewable power utilization on a global scale. Beginning with production sites outside of Japan, Konica Minolta will consider the optimal sourcing for each region and increasingly procure renewable power.

“According to the International Renewable Energy Agency, companies in the commercial and industrial sector account for two-thirds of the world’s end-use of electricity, which is why it is so important for Konica Minolta to take this step towards 100% renewable energy consumption,” said Norm Bussolaro, Sr. Director of Marketing, Konica Minolta Business Solutions (Canada) Ltd. “By partnering with RE100 we hope to ultimately better the environment by aligning our sustainability efforts with the rest of the international business community. Together we can make a difference and work towards a drastic reduction in global CO2 output.”

“It’s fantastic to see another large Japanese multinational join RE100 and commit to source 100% renewable electricity for its global operations. Renewable electricity is no longer only good for CSR policy – it’s also good for the bottom line.” Said Sam Kimmins, head of RE100, The Climate Group. “As a company built on technological innovation, it’s no wonder Konica Minolta knows getting future-ready means sourcing the cleanest, and increasingly the cheapest, power available globally. I congratulate the company on making a great commitment.”

About Konica Minolta

Konica Minolta Business Solutions (Canada) Ltd. is reshaping and revolutionizing the Workplace of the Future™ ( www.reshapework.ca). With our comprehensive portfolio, we deliver solutions to leverage mobility and cloud services and optimize business processes with workflow automation. Konica Minolta's IT Services Division offers a range of IT strategy, support and network security solutions across all verticals. Konica Minolta has been recognized by Brand Keys as the #1 Brand for Customer Loyalty in the MFP Office Copier market for 12 consecutive years. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for six years in a row. We partner with our customers to give shape to ideas and work to bring value to our society. For more information, please visit www.konicaminolta.ca and follow Konica Minolta on LinkedIn,YouTubeFacebook and Twitter(@KonicaMinoltaCA).

CONTACT INFORMATION

Think2Grow Marketing for Konica Minolta Business Solutions (Canada) Ltd. 
Brendan Hills, Director of Communications
+1 855-599-3650 
PR@think2grow.com