Ricoh announced it has been awarded a Gold rating from EcoVadis or sustainability performance.
Placing Ricoh amongst the top 5% of companies assessed, this marks Ricoh’s tenth consecutive year since 2014 to receive this recognition.
The EcoVadis assessment evaluates more than 130,000 companies globally on 21 sustainability criteria across four core themes: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement. Many global companies use EcoVadis insights in their supplier selection.
This year, Ricoh’s commitment to Environment and Sustainable Procurement areas was highly recognised, receiving the highest score of “Outstanding,” which is a result of the Ricoh Group’s advanced environmental management initiatives and its active promotion of ESG risk management in the supply chain, including efforts to improve the working environment and human rights, including those of suppliers.
To realise a sustainable society, Ricoh has identified seven material issues in two areas, “Resolving social issues through business” and “Robust management infrastructure,” and set 16 ESG targets in linkage with the material to work toward solving these issues.
