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Achievement of a Circular Economy

Contributing to achievement of a circular economy

  • Image: SDGs icon: 12.Responsible Production and Consumption

Policy/Basic Concept

The depletion of resources due to population growth globally and the issues of marine plastic waste have focused people's attention on the “Circular Economy.” Companies are now expected to work with stakeholders to promote transformation to a business model that does not depend on resource consumption.

The Ricoh Group's concept of a sustainable society is expressed in the “Three Ps Balance,” which describes a society that maintains a balance among the three Ps: economy (Prosperity), society (People), and the global environment (Planet).

Three Ps Balance

Under the Ricoh Group Environmental Declaration, “We proactively reduce environmental impact and strive to improve the Earth’s self-recovery capabilities to achieve a zero-carbon society and a circular economy through business.” We have also positioned the realization of a circular economy as one of the materiality features in the global environment field and set medium- to long-term targets, which the entire group is working toward.

The Ricoh Group established the Comet Circle™ in 1994 as a concept to achieve a circular economy. Based on the concept of the Comet Circle, we have been promoting the reduction of environmental impact throughout the entire life cycle of our products. In consideration of the recent social circumstances, we have established the “Resource Conservation Policy” and “Plastics Policy” to promote more specific initiatives.

The Comet Circle

Activity Policy

  1. Contribute to realizing a circular economy by promoting the efficient use and circulation of natural resources.
  2. Offer recycled products and promote further use of / conversion to sustainable resources with low environmental impact.

Ricoh Group Plastic Policy for Products

Ricoh group has set targets and goals for plastic usage of our products and packaging under consideration of social issues such as “Shifting to a circular economy,” and “Tackling ocean micro-plastic pollution”

  1. Breakaway from dependence on virgin plastic derived from fossil resources
  2. Material recyclable design

For details of Ricoh's circular economy activities, please refer to the Ricoh Group Circular Economy Report.

Structures/Systems

To continuously discuss mid- to long-term issues of the Ricoh Group in the areas of environment, society, and governance at the management level, the ESG Committee, chaired by the CEO, was established in May 2018. The committee meets once every quarter with the participation of Senior Management to discuss the status of initiatives, issues, and investment decisions related to ESG themes, such as zero carbonization, as important themes for management. Its deliberations are regularly reported to the Board of Directors, which then supervises the execution of ESG activities at a high level.

In 2020, in addition to our existing collaboration with procurement, design, production, QA, and sales, we established and activated a cross-functional working group with the participation of members from the ESG department to create a mechanism to integrate indicators and measures into our business and product strategies in line with our environmental targets (in resource conservation).
To achieve a circular economy, we will continue to promote activities that integrate management level and on-site activities in order to accelerate actions such as the reduction of new resource use in products, substitution and reduction of virgin plastic derived from fossil resources, and effective use of used products.

Furthermore, we are promoting collection, reuse, and recycling initiatives globally at our own sites in Europe, Japan, the Americas, Asia, and China. Each Group company has established criteria for selecting industrial waste disposal companies (ISO 14001, 9001, R2, e-Stewards certification, etc.) in accordance with the circumstances of each country, and company manages waste to ensure that it is handled reliably and appropriately by a reliable partner.

Targets and Performance

The Ricoh Group is promoting thorough resource conservation activities and active utilization of recycled materials with the aim of reducing Virgin material usage ratio of products to 12% or less by 2050.

Ricoh Group Environmental Goals (Resource Conservation)

Goals for 2030

  • Virgin material usage ratio for products: 60% or less

Goals for 2050

  • Virgin material usage ratio for products: 12% or less

*1 Virgin material usage rate is the usage rate of new resource inputs to total resource inputs of products.

*2 Quoted from the National Institute for Materials Science (NIMS) publication
The resource conservation target is set based on the idea that In order to use sustainable resources, it is necessary to reduce the
total amount of resources used to 1/8 compared to 2000 level".

Performance
  FY2019 FY2020 FY2021 FY2022
Virgin material usage ratio of products 90.1% 90.7% 87.9% 84.9%
Amount of virgin materials used in products (kt) 92.4 77.7 70.9 79.5

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*MFPs, Printers and Digital Duplicators

*Some errors in the 2021 data have been corrected. (June 2023)

Ricoh Group Plastic Policy for Products

Ricoh group has set targets and goals for plastic usage of our products and packaging under consideration of social issues such as “Shifting to a circular economy” and “Tackling ocean micro-plastic pollution”

Specific Targets and Goals for Plastic

  • Use of post-consumer recycled plastics for imaging products Goals for 2030: Post-consumer recycled plastic content rate of 50% or more
  • Reduction in packaging materials for virgin plastic derived from fossil resources Goals for 2030: 50% or more reduction compared to 2020 level.
  • Display resin identification code and single material use Goals for 2025: Clearly indicated on all parts and all packaging materials

Specific targets and goals for plastic

FY2021 performance

FY2022 performance

Supplementary explanation for actual performance

Use of post-consumer recycled plastics for imaging products Goals for 2030: Post-consumer recycled plastic content rate of 50% or more

8.6% 16.2%

By increasing the installation of MFPs and printers, our core products, and expanding the use to supplies, we are steadily increasing the usage in line with the plan.

Reduction in packaging materials for virgin plastic derived from fossil resources
-Goals for 2030: 50% or more, compared to the conventional model.

+5.3% +5.4%

We have been engaged in efforts to reduce plastic packaging materials in our imaging products, but the contribution rate for this fiscal year is relatively low, resulting in an increase compared to the fiscal year 2020 due to increased sales volume. However, with the release of flagship products that significantly reduce plastic packaging materials in February, we anticipate that the reduction rate will improve in the future.

Display resin identification code and single material use

In 2021, we successfully incorporated Design Policy for End of Life into practice and completed its formalization into a set of rules. As planned, we anticipate achieving material indication and single materials by 2025.

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Resource circulation of end-of-life products

We have set target values for our efforts in 2023 to maximize material recycling of products that cannot be reused from the collected used products, thereby reducing incineration and landfill disposal.

Resource circulation targets for the End-of-Life Products

  • Reuse/Recycle ratio Target for 2030: more than 87.5% Target for 2050: more than 93.5%
  • Incineration/Landfill ratio Target for 2030: less than 0.5% Target for 2050:0%
Performance FY2019 FY2020 FY2021 FY2022
Total Breakdown
Main unit/accessories Supplies Parts
Collection amount of End-of-life products (t) 51,948 47,843 47,705 51,158 38,439 11,109 1,609
Reuse/Recycle/Energy Recovery (t) 50,806 46,627 46,221 49,888 37,517 10,784 1,587
Reuse/Recycle ratio 84.0% 84.4% 84.1% 83.9% 95.1% 43.6% 93.3%
Energy Recovery ratio 13.8% 13.1% 12.8% 13.6% 2.5% 53.5% 5.4%
Incineration/Landfill ratio 2.2% 2.5% 3.1% 2.5% 2.4% 2.9% 1.4%

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Waste

Target:Reduce waste below the previous year's level(FY2023 target: 65,785t)
Data scope:RCL(production/non-production sites), production subsidiaries

Performance
  FY2019 FY2020 FY2021 FY2022
Total amount of waste (t) 66,719 58,813 61,752 65,785

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For other achievements related to realizing a Circular Economy, please click here.

Initiatives