Komatsu : Chosen by CDP as a Leading Company of Climate Performance Leadership Index and Climate Disclosure Leadership Index for the Second Consecutive Year
October 16, 2014 at 03:14 am EDT
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Komatsu Ltd. (President and CEO: Tetsuji Ohashi) (hereinafter "Komatsu") was chosen as a leading company of the CDP Japan 500 Climate Performance Leadership Index (CPLI) and Climate Disclosure Leadership Index (CDLI) by CDP*, respectively, for its efforts to reduce greenhouse gas (GHG) emissions and mitigate climate change risks. This is the second consecutive year for Komatsu.
Specifically, Komatsu received Performance A, the highest score of CPLI, and a high score of 99 points for CDLI.
Among 500 leading Japanese companies (based on FTSE Japan Index), Komatsu was chosen as one of the best companies with excellent climate change mitigation strategies and reduction of gas emissions as well as information disclosure. Twenty-four companies, including Komatsu, were selected as CPLI and 28 for CDLI. Fifteen companies, including Komatsu, were selected as both CPLI and CDLI. Komatsu believes that environmental conservation efforts should be a top-priority management task, when fulfilling its corporate social responsibility and ensuring sustainable growth. Based on this belief, Komatsu is making proactive efforts to reduce environmental impact, including GHG emissions, in all business activities.
*CDP: CDP is an international non-profit organization which provides the only global system which measures, discloses, manages and shares important environmental information concerning companies and cities. Together with market forces, including 767 institutional investors with combined assets of USD92 trillion, CDP encourages companies worldwide to disclose information concerning their impact on the environment and natural resources and implement mitigation measures.
Information in the news releases is current on the date of the announcement and is subject to change without notice.
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).
Komatsu : Chosen by CDP as a Leading Company of Climate Performance Leadership Index and Climate Disclosure Leadership Index for the Second Consecutive Year