Komatsu named Climate 'A List' company by CDP
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 $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.”