Tokyo, 13 April 2011 — The corporate responsibility standards of Ricoh Company, Ltd. have been recognized for the eighth consecutive year by the FTSE4Good Index. Ricoh's environmental management approach was rated as 'Best practice'. It was also acknowledged for having 100% of its operations covered by ISO14001-certified environmental management system.
Ricoh meets the criteria which include; environmental management, climate change, human and labour rights, supply chain labour, corporate governance and countering bribery. The criteria are developed using an extensive market consultation process and are approved by an independent committee of experts. A broad range of stakeholders have helped to shape it, including NGOs, governmental bodies, consultants, academics, the investment community and the corporate sector.
The Index objectively measures the performances of companies against its criteria in over 23 markets. Today, institutional investors around the world are putting increasing focus on environmental, social and governance (ESG) practices of the companies they invest in.
Takashi Nakamura, Ricoh Director and Deputy President says, "Ricoh's corporate social responsibility strategy runs deep in our company. It is quite simply the way we do business. To be recognized by the FTSE4Good Index Series for the eighth year is an honour. It sends an objective message to our stakeholders, that Ricoh is a trusted and sustainable business, with a vested interest in meeting customer needs and growing into the future."