TOKYO, December 8, 2021 – Ricoh's global leadership in corporate sustainability has been recognized by being included in the 2021 climate change “A List” by CDP*1, a non-profit organization that runs the leading global disclosure system for environmental impacts.
The CDP “A List” is comprised of companies recognized as global leaders who demonstrate excellence in their actions, strategies, and results in responding to climate change. CDP evaluated nearly 12,000 companies worldwide this year. The climate change 2021 “A List” includes 200 companies, of which 55 are Japanese. This is the second consecutive year that Ricoh features in the list.
Ricoh's internationally acclaimed efforts to mitigate climate change and provide comprehensive information disclosure led to the 2021 CDP climate change “A list” recognition. In 2018, Ricoh committed to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). In March 2020, in light of increasing momentum towards global warming, Ricoh increased its global greenhouse gas (GHG) reduction target for 2030 from 30% to 63%, as compared to 2015. This new target, approved by SBTi*2, demonstrates Ricoh's commitment to efforts to limit global warming to 1.5°C above pre-industrial levels.
Ricoh has positioned the “realization of a zero-carbon society” as one of its seven material issues to help tackle climate change. To achieve this, Ricoh set ESG targets for renewable energy utilization rate, in addition to the GHG reduction rate, and has been working to resolve social challenges through business. Based on Ricoh's commitment to become carbon neutral by 2050, Ricoh will continue to promote the realization of a zero-carbon society throughout its value chain through intensive energy conservation activities, proactive renewable energy utilization, and active participation in international initiatives.
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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).
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