Ricoh Group basic policy in purchasing activities
The Ricoh Group, along with suppliers, to discharge its social responsibility in the supply chain, is conducting purchase activities on the basis of the following policy.
- Coexistence and co-prosperity with suppliers
The Ricoh Group builds long-term relationships with suppliers, and thereby aims at coexistence and co-prosperity to prosper together by mutual cooperation.
- Fairness of transactions
The Ricoh Group evaluates suppliers comprehensively from the standpoint of the commitment and measures to social responsibility, based on the economic rationality, such as quality, price, and delivery, and always promotes impartial and fair transactions, both inside and outside the country.
- Environmental conservation
The Ricoh Group promotes the establishment of an environmental management system and the decrease of environmental impact by buying the merchandise having less environmental impact, and contributes to the conservancy and improvement of the global environment as a global citizen.
- Compliance with the law
The Ricoh Group conducts purchase activities with the full understanding of applicable laws and regulations and of the purpose of the legislation in each country.
- Respect for social ethics
The Ricoh Group conductｓ purchase activities in a manner which does not contradict with social ethics, in the entire activities including suppliers, sub-suppliers etc. whether or not there are applicable laws and regulations in the respective country.
Conflict Minerals Issue
The Ricoh Group views the Conflict Minerals Issue*1 as an important CSR issue, and is constantly working to improve transparency in the supply chain together with its business partners, also ensuring responsible mineral sourcing practices.
- *1 the issue that certain minerals mining or trading finances armed groups and fosters conflicts, or closely related to human rights abuses, labor issues or environmental destruction, etc.
Ricoh Responds to Conflict Minerals related rules of the U.S.
The U.S. Securities and Exchange Commission (SEC) adopted the final rule pursuant to Section 1502 of Dodd Frank Wall Street Reform and Consumer Protection Act, called Conflict Minerals provision, on August 22nd, 2012. The rule requires listed companies, etc., to disclose and report to the SEC about the use of conflict minerals*2 originating from the Democratic Republic of Congo or adjoining countries in their products.
Ricoh, as a member company of the "Responsible Minerals Trade Working Group", launched in May 2012 by the Japan Electronics and Information Technology Industries Association (JEITA), is participating in a Working Group for the entire global supply chain. Activities of the working group include compliance with the rule, all part of Ricoh's commitment as a good global citizen.
- *2 columbite-tantalite, cassiterite, gold, wolframite or their derivatives. Primary derivatives are tantalum, tin and tungsten