Infomation Ricoh publishes Ricoh Group Integrated Report 2024 and Ricoh Group Environmental Report 2024 Strengthening information disclosure and promoting dialogue with stakeholders
TOKYO, October 31, 2024 – Ricoh Company, Ltd. today released the English editions of the Ricoh Group Integrated Report 2024 and the Ricoh Group Environmental Report 2024. The reports, in addition to the Ricoh Group ESG Databook published on September 6, serve as the cornerstone of Ricoh's proactive disclosure of information to external stakeholders to address growing interest in sustainability activities to enhance corporate value and expectations for expanded information disclosure.
The newly published Ricoh Group Environmental Report 2024 is a combination of the previously published Ricoh Group TCFD Report and the Ricoh Group Circular Economy Report. By adding a biodiversity perspective, this single report encompasses all of Ricoh’s environment-related information. The reports provide Ricoh’s stakeholders, primarily shareholders and investors, in-depth information on the Ricoh Group's medium- to long-term outlook, overviews of initiatives aimed to enhance corporate value, and Environmental, Social, Governance (ESG) initiatives and performance data.
By continuing to promote timely, appropriate, and proactive information disclosure to deepen our stakeholders' understanding of Ricoh, Ricoh strives to improve the quality of management, grow our business, and further enhance our corporate value.
Ricoh Group Integrated Report 2024
In response to feedback from investors and other stakeholders on last year's integrated report, and insights from ongoing engagement activities, we have made the following key improvements for this year's report:
Expanding the messaging on challenges and initiatives related to enhancing corporate value
- Message from the CEO
- Discusses earnings structure reforms for Ricoh's transformation into a digital services company. Covers the philosophy and progress with the Corporate Value Improvement Project aimed at achieving medium to long term growth, approaches to delivering value as a workplace services provider, and efforts to foster talent development and organizational culture.
- Interview with the CFO
- Covers the management approach to capital costs and share price, internal cash management, growth investment policies, and the CFO's mission, all aligned with Ricoh's aim to become a digital services company.
- A Conversation between Outside Directors
- Explores the effectiveness of the Board of Directors, the Nomination Committee, and the Compensation Committee, challenges in advancing the Corporate Value Improvement Project, and key priorities for long-term growth.
Expressing Ricoh's strengths and how current financial performance ties into future financial outlooks
- Value creation process
- Highlights Ricoh Group's business models and profit growth mechanisms that leverage its strengths—its customer base, customer touchpoints, and in-house intellectual property—and presents specific initiatives for value creation.
- ESG strategies
- Initiatives linked to materiality that address social issues, aligning ESG with business growth, and integrating ESG targets into executive compensation.
- Human capital strategy
- Delivering Fulfillment through Work for employees and customers by fostering self-directed career development and cultivating digital talent to lead the business.
- Innovation strategy
- Focusing on growth areas, strengthening R&D investment governance, and driving innovation through digital strategies.
Ricoh Group Environmental Report 2024
The Ricoh Group Environmental Report is newly published from this year, to enhance information disclosure in line with the TCFD and TNFD frameworks, and also introduce Ricoh Group initiatives on climate change, resource circulation, and biodiversity conservation.
Ricoh Group ESG Data Book 2024
Since fiscal 2019, Ricoh has been publishing the ESG Data Book, which lists the company's ESG initiatives as quantitative data. The book is continuously updated to reflect ESG information disclosure guidelines and the evaluation criteria for ESG indices, both Japanese and international. In fiscal 2024, environmental and social data were expanded.
| About Ricoh |
Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.
Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).
It is Ricoh's mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.
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