Komatsu has been identified as Climate "A" List company by CDP

January 22, 2019

Jan. 22, 2019

Komatsu Ltd. (President and CEO: Tetsuji Ohashi) (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 2018, companies were requested to do so by over 650 investors with over US$87 trillion in assets, and/or 115 major purchasing organizations with US$3.3 trillion in purchasing power. 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 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.

Paul Simpson, CEO of CDP, said: “Congratulations to all companies that made it onto CDP’s A List this year. As the severity of environmental risks to business becomes ever more apparent, these are the companies that are positioning themselves to provide solutions, seize new market opportunities and thrive in the transition to a sustainable economy. We need to urgently scale up environmental action at all levels in order to meet the goals of the Paris Agreement and the Sustainable Development Goals. It’s clear that the business world is an essential player in this transition and the A List companies are set to make a substantial contribution to those goals”.

*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$87 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 7,000 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2018. This is in addition to the over 750 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/scores