Mankind is now changing direction significantly to achieve a sustainable society with low environmental impact. The key to forging a new path is to develop environmental technologies that will bring about a dynamic revolution comparable to the Industrial Revolution. When society undergoes dramatic changes, market needs change significantly too. In an extreme instance, the market might begin to demand products with nearly zero environmental impact that can work without consuming any resources or energy. In this age of the "environmental industrial revolution," the Ricoh Group recognizes that it will face tremendous risks if it cannot respond properly to changes in market needs; for large changes in particular, it is too late to respond to them after they become clear. It is vital that we put ourselves on the alert by predicting future social change. Companies can strengthen their competitiveness and access more chances in the market by identifying and preparing for any possible future environmental risks. Accordingly, the Ricoh Group predicts market needs for a sustainable society with minimal environmental impact, and commits itself to reducing the following environmental impacts to one-eighth (a 87.5% reduction) by 2050 through sustainable environmental management: environmental impact from (1) total CO2 emissions from its products and services throughout their lifecycles; (2) input of new resources; and to minimizing risks of chemical substances by 2020.
The Ricoh Group has identified the following major environmental risks and opportunities in its business operations:
By identifying these risks and opportunities, the Ricoh Group will set its numerical targets in its Mid- and Long-Term Environmental Impact Reduction Goals, environmental action plan, and others.