The COVID-19 pandemic is placing a significant burden on economies around the globe, including those in Europe. Konica Minolta therefore welcomes the sizeable plan presented by the European Union to support the economic recovery in its Member States. The company particularly highlights the ambitious goal of ‘green growth’. However, Konica Minolta is hoping for the additional inclusion of support for renewable energy sourcing by companies in the proposal. As a member of the renewable energy initiative RE100, Konica Minolta therefore welcomes RE-Source’s initiative in demanding the integration of such activities into the EU’s recovery plan.
With this position, Konica Minolta is in line with the initiative taken by RE-Source, the European platform for corporate renewable energy sourcing. In an open letter published on 27 May, RE-Source urged the European Union to take action in supporting corporate renewable sourcing. As a member of the RE100 program, Konica Minolta is one of the 230 largest global businesses that have committed to completely relying on renewable energy. RE100 members are set to stimulate investment in renewables worth EUR 90 billion over the next ten years, much of this in Europe. The initiative emphasises the importance of support for energy consumers in securing an electricity supply from renewable sources at competitive prices, which is crucial if the EU wishes to reach target of 32 percent renewable energy by 2030.
Konica Minolta joined the RE100 programme in January 2019 in line with its goal of contributing to the United Nations Sustainable Development Goals, such as combating climate change. This leadership initiative is committed to bringing together influential businesses to source energy supplies from 100 percent renewable sources. Konica Minolta is set to achieve this goal by 2050. Its European headquarters, Konica Minolta Business Solutions Europe, is already contributing to the goal by using electricity from renewable resources. Further, all Konica Minolta locations in Germany, the United Kingdom and most locations in Austria are operated with electricity from renewable sources. Outside Europe, for example, its production site for multi-functional peripherals (MFPs) and digital printing systems in Wuxi, China, was certified as a Clean Production Company by the city, making the company a leader in environmental stewardship in China.
“Within the framework of this unprecedented stimulus, now is the perfect opportunity for the European Union to take a courageous step towards green energy leadership. We would be very grateful for Europe’s leaders to seize it,” Okamoto concludes.
 Bloomberg New Energy Finance
About Konica Minolta Business Solutions Europe
Konica Minolta Business Solutions Europe GmbH, based in Langenhagen, Germany, is a wholly owned subsidiary of Konica Minolta Inc., Tokyo, Japan. Konica Minolta enables its clients to champion the digital era: with its unique imaging expertise and data processing capabilities, Konica Minolta creates relevant solutions for its customers and solves issues faced by society. As a provider of comprehensive IT services, Konica Minolta delivers consultancy and services to optimise business processes with workflow automation. The company further offers its customers solutions and managed services in the field of IT infrastructure and IT security as well as cloud environments. With regard to its office printing solutions, ‘IDC MarketScape: Western Europe Smart Multifunctional Peripheral 2018 Vendor Assessment’ stated that Konica Minolta is ‘recognised globally as a leading smart MFP provider of note’. As a strong partner for the professional printing market, Konica Minolta offers business consulting, state-of-the-art technology and software and has established itself as the production printing market leader for more than a decade in Europe, Central Asia, the Middle East and Africa (InfoSource). In the healthcare sector, Konica Minolta drives digitalisation of clinical workflows and offers a broad range of next-level diagnostic solutions. Its Business Innovation Centre in London and four R & D laboratories in Europe enable Konica Minolta to bring innovation forward by collaborating with its customers as well as academic, industrial and entrepreneurial partners. For its solutions that combine ‘smart service with smart technology’, Konica Minolta was awarded the prestigious ‘Buyers Lab PaceSetter Award for Outstanding Serviceability 2018/2019’ from Keypoint Intelligence. Konica Minolta Business Solutions Europe is represented by subsidiaries and distributors in more than 80 countries in Europe, Central Asia, the Middle East and Africa. With approximitaley 10,000 employees (as of April 2020), Konica Minolta Europe earned net sales of over 2,34 billion in financial year 2019/2020.
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