TOKYO, December 3, 2021 – Ricoh today announced that it has earned “Prime” status in the ESG Corporate Rating by ISS ESG, an investment solutions business unit of the world's leading proxy advisory firm, Institutional Shareholder Services Inc. (ISS) of the United States.
ISS ESG analyzes more than 8,000 companies from environmental, social, and governance (ESG) perspectives. It awards companies with an ESG performance above the sector-specific prime threshold, which means they fulfill ambitious absolute performance requirements.
Ricoh has also achieved the top 10% status in the Electronic Devices & Appliances industry* due to its highly recognized initiatives in the Decarbonization, Resource Conservation, Human Rights, and Health and Safety areas.
Ricoh has identified seven material issues to resolve social challenges through business and maintain a robust management infrastructure. The Group's 17 ESG targets are linked to each material issue and embedded across all business operations. Ricoh is also committed to contributing to the United Nations' Sustainable Development Goals and becoming carbon neutral by 2050.
Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.
With cultivated knowledge and organizational capabilities nurtured over its 85-years history, Ricoh is a leading provider of digital services and information management, and print and imaging solutions designed to support digital transformation and optimize business performance.
Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2021, Ricoh Group had worldwide sales of 1,682 billion yen (approx. 15.1 billion USD).
For further information, please visit www.ricoh.com
© 2021 RICOH COMPANY, LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.