Ricoh : awarded Silver Class recognition in sustainability ratings by S&P Global
February 15, 2021 at 01:08 am EST
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TOKYO, February 15, 2021 - Ricoh was selected for the Silver Class in the sustainability ratings by S&P Global, an American company and one of the world's leaders in socially responsible investment (SRI) assessments.
Each year, the S&P Global assesses the sustainability of approximately 3,500 major companies worldwide in the three areas of Economy, Environment, and Society, and announces the companies that are included in the Dow Jones Sustainability Indices. S&P Global recognizes those selected for outstanding sustainability efforts by granting Gold, Silver, and Bronze Class awards in each industry group.
Ricoh is included in the Computers & Peripherals and Office Electronics category, which had one Gold Class company selected and four Silver Class companies selected. In the industry, Ricoh obtained the industry's best score in 11 categories: Codes of Business Conduct, Supply Chain Management, Tax Strategy, Information Security, Innovation Management, Environmental Reporting, Environmental Policy & Management Systems, Climate Strategy, Social Reporting, Human Rights, and Human Capital Development, representing a Silver Class ranking for this year.
Ricoh has identified seven material issues, set 14 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.
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Ricoh Company Ltd. published this content on 15 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2021 06:08:00 UTC.
Ricoh Company, Ltd. is one of the world's leading office equipment manufacturers. Net sales break down by family of products and services as follows:
- office automation equipment (48.5%): photocopiers, fax machines and printing systems;
- IT equipment and network systems (31.6%): PCs, servers, software, etc. The group also offers installation and start-up, training, technical support, and maintenance services;
- commercial and industrial printing solutions and systems (9.5%): inkjet print heads, imaging systems, commercial and industrial printers;
- thermal paper and thermal transfer ribbons (3.4%): for label printing;
- other (7%): primarily optical equipment, semiconductor, electronic components, measurement systems, photographic equipment, integrated circuits, and electronic processing equipment.
Net sales break down geographically as follows: Japan (44.8%), Europe/Middle East/Africa (23.4%), Americas (23%) and other (8.8%).