Global

Environmental Goals

In the international community, the movement towards achieving a sustainable society is accelerating. For example, Sustainable Development Goals (SDGs^1) have been agreed upon in 2015, and the Paris Agreement,^2 an initiative aiming at the realization of a zero-carbon society, has come into force. In response, the Ricoh Group conducts its environmental management by setting environmental goal of achieving a “zero-carbon society” and “circular economy.”

^*1Sustainable Development Goals (SDGs): These are shared global goals that were agreed at the United Nations, which stipulated global priorities and the ideal targets to be reached by 2030. The SDGs comprise 17 goals and 169 targets.
^*2 The Paris Agreement: This international agreement was adopted at COP21 and specifically addresses the issue of global warming. It was agreed that it is essential to hold the increase in global average temperature to well below 2°C above pre-industrial levels, achieving a balance between GHG emissions and absorptions by the end of this century.

Setting goals using the back-casting method, aiming to improve the Earth’s self-recovery capabilities

The Ricoh Group uses the back-casting method to set goals. In this approach, we first set final goals and then determine target values as milestones on the journey to these goals. As the milestones toward the final goal of the Three Ps Balance, we have set environmental goals for 2030,2040 and 2050 in the area of zero-carbon and for 2030 and 2050 in the area of resource conservation.

We use these goals in the Action Plan, which we issue every three years based on our mid-term management strategies in order to develop highly effective actions to achieve our environmental goals for 2030.

We recognize that it is important to maintain and restore the Earth’s self-recovery capabilities while reducing the damage to the environment. We conduct forest ecology conservation activities around the world for this purpose, and we are encouraging our customers and local communities to join the activities.

Three Ps Balance

Setting environmental Goals

‹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.

Outline of Environmental goals

Zero-carbon area

Environmental goals

Target Year	GHG Emissions Reduction Rate and Status		Renewable Energy Usage Ratio (Electricity) ^*1
Target Year	Scope 1,2	Scope 3	Renewable Energy Usage Ratio (Electricity) ^*1
2030	75%^*2	40%^*2 (Category 1, 4 and 11)	85%
2040	90%^2 Neutralized^3	65% (All Categories)	100%
2050	90% or more	90%^*2 (All Categories)	ー
2050	Scope 1,2,3 Net Zero^*2,3		ー

All GHG emissions reduction rates are compared to 2015 level.

GHG Scope 1：All direct GHG emissions from our manufacturing plants, offices, vehicles, etc..
GHG Scope 2：Indirect GHG emissions from the generation of electricity and heat that we purchase.
GHG Scope 3：GHG emissions in our supply chain. (except GHG Scope 1 and 2 emissions)

^*1：Compliant with RE100 Technical Criteria
^*2：Validated by Science Based Targets initiative (Near-Term Criteria v5.3 and Net-Zero Criteria v1.3)
^*3：Residual emissions to be offset via internationally acceptable methods

Concept

Aim to achieve net-zero GHG emissions from its own business activities through comprehensive energy conservation activities and the use of renewable energy.
Aim to establish a zero-carbon society by providing highly energy-efficient products and solutions and by actively encouraging business partners to do the same.
Actively work on adaptation against climate change.

Major activities

Improve production processes.
Improve product energy efficiency.
Active and effective use of renewable energy.
Technical development related to renewable energy
Support suppliers in their CO₂ reduction activities.

Performance

GHG Scope1、2
	FY2015 (Base year)	FY2021	FY2022	FY2023	FY2024
Emissions (1,000t-CO₂eq)	481.1	291.1	273.6	252.8	196.6
Reduction rate (Compared to the 2015 level)	―	39.5%	43.1%	47.4%	59.1%

GHG Scope3
	FY2015 (Base year)	FY2021	FY2022	FY2023	FY2024
Emissions (1,000t-CO₂eq)	2,344	1,540	1,604	1,450	1,247
Reduction rate (Compared to the 2015 level)	―	34.3%	31.6%	38.1%	46.8%

	FY2021	FY2022	FY2023	FY2024
Renewable energy usage ratio	22.8%	28.0%	31.0%	43.2%

^*Due to changes to the Ricoh Group's organizational structure and improved data accuracy, we revised the past data

^*Figures in this table to be updated with FY2025 result

Resource conservation area

Environmental goals

‹Goals for 2030›

● Virgin material usage ratio^*1: 60% or less

‹Goals for 2050›

● Virgin material usage ratio^*1: 12% or less ^*2

^*1 Virgin material usage ratio is the usage ratio 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.