TOKYO, February 15, 2021 – Ricoh was selected for the Silver Class in the sustainability ratings by S&P Global, an American company and one of the world’s leaders in socially responsible investment (SRI) assessments.
Each year, the S&P Global assesses the sustainability of approximately 3,500 major companies worldwide in the three areas of Economy, Environment, and Society, and announces the companies that are included in the Dow Jones Sustainability Indices. S&P Global recognizes those selected for outstanding sustainability efforts by granting Gold, Silver, and Bronze Class awards in each industry group.
Ricoh is included in the Computers & Peripherals and Office Electronics category, which had one Gold Class company selected and four Silver Class companies selected. In the industry, Ricoh obtained the industry’s best score in 11 categories: Codes of Business Conduct, Supply Chain Management, Tax Strategy, Information Security, Innovation Management, Environmental Reporting, Environmental Policy & Management Systems, Climate Strategy, Social Reporting, Human Rights, and Human Capital Development, representing a Silver Class ranking for this year.
Ricoh has identified seven material issues, set 14 ESG priority targets, and incorporated them into the Group’s business strategies. Ricoh will contribute to achieving the Sustainable Development Goals agreed upon by the international community by solving social issues through business and realizing a sustainable society.
Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 80 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, communications services, commercial and industrial printing, digital cameras, and industrial systems.
Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ended March 2020, Ricoh Group had worldwide sales of 2,008 billion yen (approx. 18.5 billion USD).
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