Jan. 20, 2020
Komatsu Ltd. (President and CEO: Hiroyuki Ogawa) (hereinafter "Komatsu") has been awarded a position on this year’s A List for climate 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.
Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP for independent assessment against its scoring methodology. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded. Companies receive scores of A to D- for how effectively they are tackling climate change, deforestation and water security.
Komatsu has conventionally positioned environmental activities as one of top management priorities. In the mid-range management plan, which began in April 2019, 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.
Paul Simpson, CEO of CDP, said: “Congratulations to the companies that achieved a position on CDP’s A List this year, for leading in environmental performance and transparency. The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A List companies are leading the market in corporate sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy”.
*CDP: CDP is a global 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$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, 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 full list of companies that made this year’s CDP Climate Change A List are available here, along with all other public company scores: https://www.cdp.net/en/companies/companies-scores
No : 0075(2910)
Corporate Communications Department
Sustainability Promotion Division
Komatsu Ltd.
tel: +81-(0)3-5561-2616
mail: JP00mb_cc_department@global.komatsu
*The information described is at the time of presentation and may be subject to advance notice.
