Ricoh : continues to be recognized in the FTSE4Good, FTSE Blossom Japan, and the MSCI Japan Empowering Women Indices
July 30, 2021 at 12:09 am EDT
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TOKYO, July 30, 2021 - Ricoh Company, Ltd. has once again been selected for inclusion in the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the MSCI Japan Empowering Women Index (WIN), which are share price indices for Environmental, Social and Governance (ESG) investments*. Ricoh has been included in the FTSE4Good Index for the past 18 consecutive years, and the FTSE Blossom Japan Index and the MSCI Japan Empowering Women Index (WIN) since being established in 2017.
Ricoh's approach to sustainability is to pursue a sustainable society through a Three Ps Balance-Prosperity (economic), People (society), and Planet (environment). In order to realize this desired society, Ricoh has identified seven material issues in two areas, 'Resolving social issues through business' and 'Robust management infrastructure,' set 17 relevant ESG targets, and endeavor to incorporate them into group-wide efforts.
Ricoh's top management has positioned 'diversity' and 'work-life management' as part of its growth strategy and has been driving various initiatives to promote women's empowerment. Starting in 2020, we have set 'diversity and inclusion' as one of the materiality issues to be addressed as part of our efforts to strengthen our robust management infrastructure. We have set the ratio of female managers as an ESG target, and we are strengthening our efforts centered on changing work styles and providing career support. In addition, Ricoh joined the 30% Club Japan in November 2020, which aims to increase the ratio of female executives in companies.
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.
FTSE Russell-a wholly-owned subsidiary of the London Stock Exchange (LSE) Group-has been selecting companies for inclusion in their FTSE4Good Index since 2001 and focuses on companies demonstrating strong ESG practices.
The FTSE Blossom Japan Index was created in 2017, focusing on Japanese companies, and has since been adopted by the Government Pension Investment Fund (GPIF) as its share price index for ESG investments.
The MSCI Japan Empowering Women Index (WIN) was created in 2017 to evaluate companies in how they promote and maintain higher levels of gender diversity.
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Ricoh Company Ltd. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 04:08:04 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%).