Ricoh selected as one of the 2024 Global 100 Most Sustainable Corporations

TOKYO, January 17, 2024 – Ricoh today announced it has been recognized as one of the Global 100 Most Sustainable Corporations. This marks the 12th selection for Ricoh, which was selected for 10 consecutive years from 2005 to 2014, and in 2023.

The Global 100 is an annual ranking of the world's most sustainable corporations published by Canada-based Corporate Knights. The assessment is executed across 25 key indicators that cover resource management, employee management, financial management, sustainable revenue and sustainable investment, and supplier performance. The assessment results are announced each year during the World Economic Forum's annual meeting in Davos, Switzerland. The 20th annual ranking, the 2024 Global 100, assessed 6,733 publicly-traded companies with over US$1 billion in revenue.

Mikako Suzuki, Corporate Officer in charge of ESG and Risk Management, Ricoh Company, Ltd. says: “This recognition is a testament to Ricoh's continuous and accelerated commitment to sustainability that stems from our strategic policy to align ESG with business growth. We are honored to be recognized again and excited to continue our contribution in solving social issues and achieving the Sustainable Development Goals through its business activities.”

Ricoh's approach to sustainability is to pursue a sustainable society through a Three Ps Balance—Prosperity (economic), People (society), and Planet (environment). To realize this desired society, Ricoh has identified seven material issues in two areas, “Resolving social issues through business” and “Robust management infrastructure,” and set 16 ESG targets in linkage with the material to work toward solving these issues. In 2020, ESG initiatives were positioned as future financial targets, one of the dual companywide management targets along with regular financial goals, and since then, ESG indicators have been incorporated into Ricoh's executive compensation.

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