Powered by Watershed, Ricoh will empower companies to measure, report, and reduce their Scope 3 carbon emissions.
Ricoh USA, Inc. announced the launch of a Sustainability Services Dashboard, a first-of-its-kind platform designed for Ricoh customers to measure, report and act upon emissions data associated with Ricoh Digital Services.
The dashboard addresses one of the most significant challenges facing corporations today: reducing emissions from vendors and suppliers.
Indirect supplier – or Scope 3 – emissions can account for more than 80% of total carbon contributions for many companies, making reductions in this area essential to achieving climate goals and achieving regulatory compliance. The Sustainability Services Dashboard by Ricoh incorporates Watershed’s granular emissions measurement and offers data-driven insights into carbon emissions across all scopes. Leveraging Watershed data, the dashboard provides customers with a comprehensive Scope 3 emissions footprint of their business with Ricoh using both privately and publicly disclosed financial and climate data.
“Addressing Scope 3 emissions is critical for companies committed to sustainability, yet it has been a near-impossible task for many until now,” said Lauren Sallata, Chief Marketing Officer, Ricoh North America. “Ricoh’s Sustainability Services Dashboard empowers our customers to measure, understand, and reduce emissions, establishing a baseline to transition to more sustainable services while meeting increasing regulatory and compliance demands.”
“The first step to decarbonisation for any business is a deep understanding of their carbon footprint, including the emissions from their supply chain,” said Jessica Shalek, Head of Climate Advisory at Watershed. “We applaud Ricoh for putting supply chain data directly in the hands of their customers — making it simpler for those companies to form a full picture of their Scope 1-3 emissions and take actions to reduce them.”
Key benefits of the Sustainability Services Dashboard include:
- Regulatory compliance: With global regulatory action on the rise, the Sustainability Services Dashboard enables companies to meet the evolving requirements of regulatory bodies, such as the Corporate Sustainability Reporting Directive (CSRD). By facilitating public, credible reporting on Scope 3 emissions, the Sustainability Services Dashboard ensures compliance with current and future regulations.
- Actionable recommendations: The Sustainability Services Dashboard generates tailored recommendations for suppliers, such as sourcing renewable energy, based on input from customer sustainability or procurement teams. These recommendations enable high-impact reductions up and down the supply chain, ready-made for public reporting.
- Data visualisation and reporting: Through intuitive dashboards and customisable reporting tools, the Sustainability Services Dashboard makes it easy for companies to track progress, communicate achievements, and engage stakeholders.
