Tokyo, 13 April 2011 — The corporate responsibility standards of Ricoh Company, Ltd. have been recognized for the eighth consecutive year by the FTSE4Good Index. Ricoh's environmental management approach was rated as 'Best practice'. It was also acknowledged for having 100% of its operations covered by ISO14001-certified environmental management system.
Ricoh meets the criteria which include; environmental management, climate change, human and labour rights, supply chain labour, corporate governance and countering bribery. The criteria are developed using an extensive market consultation process and are approved by an independent committee of experts. A broad range of stakeholders have helped to shape it, including NGOs, governmental bodies, consultants, academics, the investment community and the corporate sector.
The Index objectively measures the performances of companies against its criteria in over 23 markets. Today, institutional investors around the world are putting increasing focus on environmental, social and governance (ESG) practices of the companies they invest in.
Takashi Nakamura, Ricoh Director and Deputy President says, "Ricoh's corporate social responsibility strategy runs deep in our company. It is quite simply the way we do business. To be recognized by the FTSE4Good Index Series for the eighth year is an honour. It sends an objective message to our stakeholders, that Ricoh is a trusted and sustainable business, with a vested interest in meeting customer needs and growing into the future."
Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2014, Ricoh Group had worldwide sales of 2,195 billion yen based on the IFRS accounting standard (approx. 21.3 billion USD).
The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.
Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.
For further information, please visit www.ricoh.com/about/
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