The Ricoh Group addresses the issue of soil and underground water contamination from the three viewpoints of social responsibility, environmental risks, and financial risks. With this recognition, the Group established the Standards for the Management of Risks Related to Soil and Underground Water Contamination and has been working in conformity with basic policies set under the standards.
The Ricoh Group's Basic Policies Concerning Soil and Underground Water Contamination
(1) Top priority is given to preventing health hazards.
(2) Laws, regulations, and ordinances set by national and local governments shall be observed.
(3) Efforts will be made to assess, manage and reduce risks of contamination caused by the Ricoh Group's business activities.
(4) Efforts will be made to establish risk communication with local governments and residents.
(5) Soil is checked for contamination when land is purchased/transferred or rented/returned.
We started performing soil surveys at Japanese sites in the early 1990s. Since then, we have expanded activities to include groundwater surveys and improvement efforts, and have broadened the target scope to encompass the entire global Group including non-production sites.
At sites where contamination has been detected, appropriate measures are implemented voluntarily according to the specific scenario that each site has drawn up to clear the relevant local purification standards.
Ricoh implements Environmental Due Diligence prior to acquisition of land and/or buildings associated with corporate mergers and acquisitions (M&A) per our internal rules and guidelines to assess, manage and reduce risks of soil and/or ground-water pollution.
Our Environmental Due Diligence process includes investigation of the land use records, of actions to comply with applicable legislation and regulations, and of evaluation results of contaminations.