ESG, safety & diversity tops Komatsu goals

Komatsu Australia’s second annual industry supplier forum addressed ESG, safety and generational diversity across the equipment business’ supply chain.

Insights on the chain of responsibility with freight and logistics, as well as ongoing vigilance to ensure roads are safe when transporting heavy equipment, were “hotly discussed” at the forum, according to company in a recent statement.

Komatsu Australia EGM for supply chain Russell Hodson comments on this.

“Particularly of interest was how we all need to be prepared for the upcoming ESG reporting requirements as we look towards 2026, particularly around scope 3, and what it means for not only Komatsu but our supply chain partners,” he said.

“We were excited to share our update on our journey to ISO 45001 accreditation, which we expect to see finalised in the first half of 2025.

“This will mean we will be accredited and recognised globally for our commitment to OH&S in the workplace and reducing safety hazards, while promoting a safe workforce.

“We also shared learnings as we all plan for mandatory ESG reporting requirements – how we’re collecting and analysing data, and what challenges we’re facing – which was very beneficial to see where we each stand.

“And finally, one topic that is always high on the agenda of our industry is inclusion & diversity.

“Along with our own focus on intergenerational diversity, we also shared more on Komatsu’s role in the Champions of Change coalition and the recent launch of the FOCUSED on Everyday Respect resource, which equips to help identify and prevent everyday disrespect while fostering inclusive, safe, and productive environments in the workplace.”

Komatsu has also recently been announced as number three in the Gartner Supply Chain rankings for APAC.

Gartner’s Supply Chain Top 25 is an annual recognition of achievement and advancement of supply chain capabilities.

This research showcases the best practices of the top 10 leading supply chains from Asia/Pacific for CSCOs to leverage and gain insights.

Mr Hodson says Komatsu was recognised following their particularly strong financial growth over the last three years combined with their leading corporate culture.

“We know that a great product deserves a great supply chain, and our supply chain has been able to support our business through some really challenging times and growth,” he said.

“Our three-year weighted average revenue growth was the highest in the APAC top 10 at 19.5%, which is driven by the strong demand for mining equipment with sustained stability in resource prices.

“We were also acknowledged by Gartner for our corporate culture, where our people exercise autonomy in identifying issues, implementing necessary improvements and innovating through teamwork.

“They also recognised our recently launched Komatsu Global Portal, which improves information sharing and operational transparency with business partners, boosting efficiency and responsiveness.

“Gartner felt these examples all clearly demonstrated our strong commitment ability to provide value across our supply chain, and we’re delighted to have made the top 10 list.”