Ricoh Awarded Highest Gold Class Recognition In Sustainability Ratings By S&P Global
TOKYO,– Ricoh has been recognized for the highest Gold Class in the sustainability ratings by S&P Global, one of the world’s leaders in corporate ratings.
Each year, S&P Global assesses the sustainability of major companies worldwide in the three areas of Economy, Environment, and Society.
It recognizes those selected for outstanding sustainability efforts by granting Gold, Silver, and Bronze Class awards in each industry group. S&P Global evaluated approximately 7,500 companies in 61 industries worldwide this year, and the Gold Class includes 75 companies, which are the top 1% of the companies evaluated.
Ricoh is included in the Computers & Peripherals and Office Electronics industry, which had one Gold Class, four Silver Class, and two Bronze Class companies selected.
In this industry, Ricoh received the best score* in 10 categories: Risk & Crisis Management, Supply Chain Management, Innovation Management, Environmental Reporting, Product Stewardship, Climate Strategy, Social Reporting, Talent Attraction & Retention, Corporate Citizenship and Social Contribution, and Living Wage, representing a Gold Class ranking for this year.
This is Ricoh’s first Gold Class recognition, followed by past recognitions as Silver Class in 2021 and Bronze Class in 2019 and 2020.
Ricoh has identified seven material issues, set 17 ESG priority targets, and incorporated them into the Group’s business strategies.
Ricoh will contribute to achieving the Sustainable Development Goals agreed upon by the international community by solving social issues through business and realizing a sustainable society.
About Ricoh
Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.
With cultivated knowledge and organizational capabilities nurtured over its 85-years history, Ricoh is a leading provider of digital services and information management, and print and imaging solutions designed to support digital transformation and optimize business performance.
Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions.
In the financial year ended March 2021, Ricoh Group had worldwide sales of 1,682 billion yen (approx. 15.1 billion USD).