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Environmental Goals (for 2030 and 2050)

Environmental Goals (for 2030 and 2050)

In the international community, the movement towards achieving a sustainable society is accelerating. For example, Sustainable Development Goals (SDGs^*1) have been agreed upon in 2015, and the Paris Agreement,^*2 an initiative aiming at the realization of a zero-carbon society, has come into force. In response, the Ricoh Group conducts its environmental management by setting environmental goal of achieving a “zero-carbon society” and “circular economy.”

*1.Sustainable Development Goals (SDGs): These are shared global goals that were agreed at the United Nations, which stipulated global priorities and the ideal targets to be reached by 2030. The SDGs comprise 17 goals and 169 targets.
*2. The Paris Agreement: This international agreement was adopted at COP21 and specifically addresses the issue of global warming. It was agreed that it is essential to hold the increase in global average temperature to well below 2°C above pre-industrial levels, achieving a balance between GHG emissions and absorptions by the end of this century.

Setting goals using the back-casting method, aiming to improve the Earth’s self-recovery capabilities

The Ricoh Group uses the back-casting method to set goals. In this approach, we first set final goals and then determine target values as milestones on the journey to these goals. As the milestones toward the final goal of the Three Ps Balance, we have set environmental goals for 2030 and 2050 in the areas of zero-carbon and resource conservation.

We use these goals in the Action Plan, which we issue every three years based on our mid-term management plans in order to develop highly effective actions to achieve our environmental goals for 2030.

We recognize that it is important to maintain and restore the Earth’s self-recovery capabilities while reducing the damage to the environment. We conduct forest ecology conservation activities around the world for this purpose, and we are encouraging our customers and local communities to join the activities.

Setting environmental Goals

image:Setting environmental targets

‹Ricoh Group Environmental Declaration›
We proactively reduce environmental impact and strive to improve the Earth’s self-recovery capabilities to achieve a zero-carbon society and a circular economy through business.

Outline of Environmental goals

Zero-carbon area

image:Global warming prevention area

Environmental goals

‹Goals for 2050›　

Net zero GHG emissions across the entire value chain.
Switch to 100% renewable electricity.

‹Goals for 2030›　

GHG Scope 1, 2: 63% reduction compared to the 2015 level^*3
GHG Scope 3: 40% reduction compared to the 2015 level (procurement, use, and logistics categories)
Switch to 50% renewable electricity.

*3 Reduction target approved as a SBT(Science Based Targets)
Notes:
- GHG Scope 1: All direct GHG emissions from the Company’s own manufacturing plants, offices, vehicles etc.
- GHG Scope 2: Indirect GHG emissions from the consumption of electricity and heat, purchased by the company
- GHG Scope 3: Emissions in the supply chain of business activities (excludes GHG Scope 1 and 2)

Concept

Aim to achieve net-zero GHG emissions from its own business activities through comprehensive energy conservation activities and the use of renewable energy.
Aim to establish a zero-carbon society by providing highly energy-efficient products and solutions and by actively encouraging business partners to do the same.
Actively work on adaptation against climate change.

Major activities

Improve production processes.
Improve product energy efficiency.
Active and effective use of renewable energy.
Technical development related to renewable energy
Support suppliers in their CO₂ reduction activities.

Performance

GHG Scope 1,2

	FY2015 (Base year)	FY2019	FY2020	FY2021	FY2022
Emissions (1,000tons)	458	351	290	263	249
Reduction rate (Compared to the 2015 level)	―	23.3%	36.7%	42.7%	45.5%

GHG Scope 3

	FY2015 (Base year)	FY2019	FY2020	FY2021	FY2022
Emissions (1,000tons)	2,333	1,924	1,593	1,539	1,600
Reduction rate (Compared to the 2015 level)	―	17.5%	31.7%	34.0%	31.4%

Electric power

	FY2019	FY2020	FY2021	FY2022
Renewable energy usage ratio	12.5%	17.3%	25.3%	30.2%

Resource conservation area