Komatsu Ltd has been named one of the most environmentally conscious companies in the world by international sustainability advocate - the Carbon Disclosure Project (CDP).
In CDP’s Global 500 climate change report, Komatsu received 95 points out of a possible 100 in the Climate Disclosure Leadership Index and earned a grade A in the Climate Performance Leadership Index.
Every year, the CDP analyses and evaluates corporate efforts and performance of the world’s largest 500 companies (market capitalisation) to tackle global climate change.
Komatsu is the only Japanese company which was awarded an A grade in the industrial sector.
Komatsu says it recognises environmental efforts as one of its highest priority tasks, as it fulfils corporate social responsibilities and ensures sustainable growth.
In 2008, Komatsu released the world’s first commercially viable hybrid excavator that can reduce fuel consumption by 25 per cent and harmful CO2 exhaust emissions by 41 per cent compared to a conventional machine.
Today, hybrid machine technology is starting to roll out across the entire sector as climate change is emerging as a global hot issue.
Komatsu is also in a joint venture with Indonesia working towards fuelling mining dump trucks with biofuel, estimating that phasing in 1000 of such vehicles could reduce up to 200,000 tonnes of CO2 emissions each year.
CDP’s Global 500 climate change report assesses how businesses in ten key sectors such as consumer staples, healthcare, information technology etc are addressing challenges in regards to climate change and how growing markets for products and services are impacting the companies’ responses to climate change.
Other high achievers as listed in the report include BMW (100/100; Grade A), Commonwealth Bank (94/100; Grade A) and Hewlett Packard (99/100; Grade A)
The CDP is a not-for-profit organisation started up in the United Kingdom in 2003 to help global businesses act responsibly to prevent climate change.
CDP is currently the largest program being used to evaluate corporate engagement in global climate change.
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