2017Komatsu has been identified as Climate and Water "A" List company by CDP
Oct. 27, 2017
Komatsu Ltd. (President and CEO: Tetsuji Ohashi) (hereinafter "Komatsu") has been awarded a position on this year’s A List for climate and water by CDP, the non-profit global environmental disclosure platform.
The A-List is awarded to companies which are recognized as international leaders of managing climate change and water.
Based on the requests of 803 institutional investors with assets of over US$100 trillion, CDP has published A-D scores across climate, water and forests for over 3,000 major companies.
The 2017 A List is comprised of 160 global companies, of which 27 companies have been recognized for environmental leadership on climate and water. There are only six Japanese companies in this category.
Before receiving this prestigious award, Komatsu’s CO2 reduction objectives was approved to be SBT on April 11,2017, becoming the sixth approved Japanese company.
Komatsu has conventionally positioned environmental activities as one of top management priorities. In the mid-range management plan, which began in April 2016, Komatsu has also defined ESG (Environment, Social and Governance) as one of focused efforts and implemented aggressive activities. In particular, Komatsu has been promoting SMARTCONSTRUCTION designed to achieve Construction Jobsites of the Future by using Machine Control construction equipment and IoT in order to significantly reduce CO2 emissions in the entire lifecycle of construction equipment. Komatsu has also been making efforts to achieve high-level energy savings of production sites through IoT-based "connectivity". As an industrial leader, Komatsu is determined to drive its activities to realize a low-carbon society.
[Summarized Comment by Mr. Paul Dickinson, Executive Chair of CDP]
Congratulations to all the companies that made it onto the A List this year. It’s inspiring to see so many taking bold action to mitigate environmental risks and grasp the opportunities that come with the transition to a sustainable economy. These companies are driving the transition as we approach a tipping point on environmental action
*CDP : CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$100 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. This is in addition to the over 500 cities and 100 states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change.
The methodology and criteria for the A List are available on CDP’s website.
- The information described is at the time of presentation and may be subject to advance notice.