Ricoh has been recognised as one of the Global 100 Most Sustainable Corporations.
The achievement marks the twelfth selection for Ricoh, which was selected for 10 consecutive years from 2005 to 2014, and in 2023.
The Global 100 is an annual ranking of the world’s most sustainable corporations published by Canada-based Corporate Knights.
The assessment is executed across 25 key indicators that cover resource management, employee management, financial management, sustainable revenue and sustainable investment, and supplier performance.
The assessment results are announced each year during the World Economic Forum’s annual meeting in Davos, Switzerland.
The 20th annual ranking, the 2024 Global 100, assessed 6,733 publicly-traded companies with over US$1 billion in revenue.
World Environment Center president and chief executive Dr Terry F Yosie said: “Global recognition is well-deserved for Ricoh, with the company going beyond legal obligations by proactively looking for ways to reduce its impact on the environment and promote biodiversity through innovative business services.”
“The Global 100 continues to be a testament for sustainable management by international corporations, showing that corporate responsibility is integral to continued success,” said Ricoh Australia managing director Yasu Takahashi.
“It is part of our ethos to continuously look within, and with our customers, to find better ways to reduce cost, waste, complexity and CO2. I believe this is what helps us meet the tough benchmark set out by the Global 100 List,” he added.
Ricoh’s approach to sustainability is to pursue a sustainable society through a Three Ps Balance—Prosperity (economic), People (society), and Planet (environment).
To do this, Ricoh has identified seven material issues in two areas, “Resolving social issues through business” and “Robust management infrastructure,” and set 16 ESG targets in linkage with the material to work toward solving these issues.
In an interview with SprinterNews last year, Koji Miyao, president of Ricoh Graphic Communications, said sustainability represents a key area of development to meet the needs of printers and the demands of their customers.
“From our perspective at Ricoh Graphic Communications, we can reduce waste of paper and other printer materials as we are able to print on demand with digital printing,” Miyao said.
“We are also working hard to reduce CO2 consumption in printing as well as energy consumption and this is our vision for the future.
“We are helping our customers to understand how much CO2 they have consumed, as this is now a common request for commercial printing customers. This is a key trend that I have observed in the European market in particular as this has been driven by the EU government.”
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