Ricoh recognized for its climate change action with place on prestigious CDP2021 Supplier Engagement Rating Leaderboard

TOKYO, February 15, 2022 – Ricoh Company, Ltd. has received an “A” rating as part of the CDP's annual Supplier Engagement Rating (SER) and has been placed on the prestigious CDP2021 Supplier Engagement Rating Leaderboard for the second year in succession.

CDP's annual SER is designed to evaluate and spur action on corporate supply chain engagement on climate issues, based on the CDP climate change questionnaire. The CDP^* surveys more than 6,000 companies worldwide. The highest-rated companies are celebrated in the Supplier Engagement Leaderboard. Ricoh is amongst the top 8% (approx. 500 companies) of the total assessed companies, of which 105 are Japanese.

Ricoh has positioned the “realization of a zero-carbon society” as one of its seven material issues. Ricoh aims for zero GHG emissions across the entire value chain and aims to establish a zero-carbon society by providing highly energy-efficient products and solutions and actively encouraging business partners to do the same. Ricoh supports its suppliers in their CO₂ reduction activities, and its comprehensive information disclosures are internationally acclaimed.

“We are extremely proud of our unwavering commitment to achieving ESG targets and the role we play in helping suppliers to drive environmental responsibility within their operation.” said Mikako Suzuki, Corporate Officer and Head of ESG Strategy Division, Ricoh Company, Ltd. “Climate change is one of the most pressing social issues facing our global society. Ricoh has committed to becoming carbon neutral by 2050 and will continue to promote the realization of a zero-carbon society through energy conservation activities, renewable energy, and active participation in international initiatives.”

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CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. In 2021, over 590 investors with over US$110 trillion in assets and 200 major purchasers with US$5.5 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP's platform. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.