Ricoh receives gold rating for sustainability activities

For more than 85 years, Ricoh has fostered innovation and established itself as a leading provider of document management solutions, IT services, communication services, commercial and industrial printing services, digital cameras and industrial systems. Recently, the company again received a Gold rating from EcoVadis for its sustainability activities. This puts Ricoh in the top five percent of companies rated in the industry for sustainability performance. Founded in 2007, EcoVadis is a globally recognized provider of corporate sustainability ratings. It focuses on corporate environmental, social and governance (ESG) practices and helps companies improve their environmental and social activities across their global supply chains. More than 90,0000 companies from over 160 countries and 200 different industries are rated by EcoVadis on their corporate policies, initiatives and performance in four areas: environment, labor and human rights, ethics, and green procurement.

Ricoh received the Gold rating for the first time in 2014 and has confirmed it continuously since then. In particular, Ricoh's commitment in the categories "Environment" and "Green Procurement" is clearly honored in the current EcoVadis rating. This confirms Ricoh's proactive approach to environmental management and sustainable procurement in collaboration with suppliers, according to the statement. In 2019, Ricoh became the first Japanese company to participate in the Business for Inclusive Growth (B4IG) initiative, which works to address inequality in the workplace and supply chains. Ricoh is also a member of the Responsible Business Alliance (RBA), which promotes social responsibility in global supply chains.

To create an effective and global framework for its ESG activities, Ricoh has identified seven focus areas. These are aligned with 12 of the 17 Sustainable Development Goals (SDGs) introduced by the UN, which can be used to address specific issues. In doing so, the Ricoh Group aims to contribute to the development of a sustainable society that actively addresses economic, social and global environmental policies. Ricoh will contribute to the achievement of the SDGs by solving social problems throughout the value chain through its business operations, thus helping to realize a more sustainable society.

Source and further information: Ricoh