Konica Minolta Named a 'Leader' in 2023 IDC MarketScape for Worldwide Sustainability Programs & Services Hardcopy
Konica Minolta Named a 'Leader' in 2023 IDC MarketScape for Worldwide Sustainability Programs & Services Hardcopy
Konica Minolta Business Solutions U.S.A. Inc. has announced it has been named a "Leader" in the IDC MarketScape: Worldwide Sustainability Programs and Services Hardcopy 2023 Vendor Assessment (doc #US49892223, December 2023). The IDC MarketScape states that, "organizations should consider Konica Minolta when looking for a supplier that is taking decisive actions to reduce climate impact, while promoting the effective use of resources for customers and within its own supply chain."
The report notes that, "Konica Minolta's Intelligent Connected Workplace strategy also provides customers with access to information management solutions that can increase workflow efficiency, storage, security and compliance by leveraging AI-infused technologies." It also highlights that the use of digitized content and automated workflows helps customers gain additional benefits in terms of sustainability, and that the company aims to achieve net-zero carbon emissions in its own operations and make its products from more than 90% circulated resources (recycled materials and biomaterials) by 2050.
The report gives a number of specific strengths in classifying Konica Minolta as a "Leader," such as a philosophy that it can create economic and social value through innovation to support sustainability. This includes Konica Minolta's expertise in imaging, data processing and data-based decision making to help its customers and partners to resolve their specific sustainability needs.
The IDC MarketScape report also underlines Konica Minolta's Sustainable Solutions Certification System and its ability to identify and certify a range of products and services that are designed to specifically address environmental and social issues. Using these baseline standards, Konica Minolta assesses its products via a three-step ranking system. Since the Sustainable Solutions Certification System was implemented in 2019, these solutions have accounted for 77% of total group sales.
"Given the urgency of global environmental issues, global businesses have a great responsibility to help shape a more sustainable society by reducing environmental impact," said Sam Errigo, president and CEO, Konica Minolta. "We are extremely pleased that the hard work we put into our sustainability efforts has been recognized by the IDC MarketScape. Konica Minolta's global, long-term sustainability strategy, Eco Vision 2050, sets goals for the company to reduce CO2 emissions throughout the product life cycle. Currently it is ahead of schedule and on track to reach carbon-minus status by 2030 instead of 2050, as originally planned. The initiative promotes recycling, effective use of Earth's limited resources, and the restoration and preservation of biodiversity. By setting these goals and continuing to develop and promote initiatives such as our Clean Planet Program and reduced use of packaging, we also help corporate clients and suppliers achieve effective use of resources."