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Approach to Materiality (Material issues)Comprehensively reducing the overall environmental impacts of life cycles and materializing Circular Economy in keeping with Comet Circle (see note) concept

SDGs 12

Background and issues

While socioeconomic activities based on mass production, consumption, and disposal have brought great benefits, they have also damaged and disrupted the environment and are unsustainable. It is therefore vital to materialize Circular Economy to minimize the consumption of resources and optimize energy efficiency to build a viable long-term future for humankind.

Serving the social good through business

Ricoh aims to contribute to a Circular Economy by doing its best to use resources efficiently. In keeping with the Comet Circle concept, we are pushing ahead with the use of resources that lower environmental impacts while pursuing economically efficient recycling, creating products that using fewer inputs of new resources. We are focusing on products that are more compact and lighter, more durable parts, reusing products and parts, employing more recycled materials, and using more renewable resources.

imageComet Circle™ is Ricoh's concept of a Sustainable Society

Note:
Comet Circle™ is Ricoh's concept of a Sustainable Society. It expresses the greater picture of our environmental impact reduction scheme, which includes not only the scope of the Ricoh Group as a manufacturer and sales company but also the entire lifecycle of our products, including upstream and downstream of our business activities. When the loop gets closer to users, the environmental impact declines and the economic efficiency increases. Ricoh is developing reusing and recycling technologies to move from the right to the left of the loop.

Key Performance Indicators from Social Issues Perspectives

  1. <Goals for 2050> Resource conservation rate of products*2: 93%
  2. <Goals for 2030> Resource conservation rate of products*2: 50%
  3. Improve Resource conservation rate compared to previous fisical year