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Ricoh features in the CDP “A List”

December 14, 2022

Ricoh has been recognised once again with its inclusion in the 2022 climate change “A List” by CDP.

The CDP “A List” comprises companies recognised as global leaders who demonstrate excellence in their actions, strategies, and results in responding to climate change. CDP evaluated over 10,000 companies worldwide this year, and the climate change 2022 “A List” includes 283 companies, of which 74 are Japanese.

This is Ricoh’s third consecutive year on the A List since 2020.

Climate change is one of the most serious challenges facing global society. Ricoh has positioned the “realisation of a zero-carbon society” as one of its seven material issues to help tackle this challenge. To achieve this, Ricoh set ESG targets for renewable energy utilisation rate and GHG (greenhouse gas) reduction rate and has been working to resolve social challenges through business.

To realise a zero-carbon society, Ricoh said it will reduce GHG emissions from our group companies by 63% by 2030, compared to 2015, and reduce GHG in the entire supply chain by 40%, compared to 2015, by 2030. These environmental targets have been certified as “1.5°C targets” by the SBT Initiative (SBTi). In addition to promoting decarbonisation initiatives within the Group, Ricoh also holds briefing sessions for suppliers to ensure that they meet the GHG reduction targets aligning with the SBTi 2°C criteria. Ricoh has also set a goal of boosting the renewable energy ratio used in our business activities to 50% by 2030 and introduced a comprehensive evaluation system for renewable electricity in 2021.

Ricoh committed to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) in 2018 and is working to enhance information disclosure based on the TCFD framework. The company said: “To give our stakeholders a deeper understanding of Ricoh’s climate strategies and initiatives, we have issued an annual TCFD Report since 2021. In addition, the CEO is actively involved in climate-related initiatives and exchanges opinions with the Japanese government toward realising a decarbonised society.”

Categories : Around the Industry

Tags : Business CDP A List Climate Change Environment Ricoh

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