For the Ricoh Group, sustainable environmental management means to contribute to environmental conservation while at the same time generating profits, and based on this idea we identify our essential issues for such management.
First of all, we estimate the environmental impact caused by each stage of our business activities based on the concept of "Eco Balance",* thereby identifying the issues to be tackled for environmental conservation.
Next we analyze the identified issues from all aspects, including the viewpoint of customers who use our products as well as future business growth potential, global trends in environmental standards, and evaluation of companies by rating organizations and through socially responsible investment. Based on the analysis results, we estimate the impact (risks and opportunities) that has on the global environment, society, and the management of our business, in order to prioritize the issues and set specific measures based on the priorities in our "environmental action plan".
The Ricoh Group thus focuses on the issues of materiality that have a great impact to the global environment, society, and the Group’s business in its sustainable environmental management and widely discloses the related initiatives and results on its website and through its reports.
* Eco Balance
Eco Balance means the preparation of a list of input and output data on environmental impact to identify, quantitatively measure, and report the environmental impact caused by companies; or the list itself. It is based upon the same concept as LCA(Life Cycle Assessment), and both the direct and indirect environmental impact are calculated.