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Ricoh recognised as a leader in European Technology for Sustainability and Social Impact Report

Ricoh Europe, London, 06 September 2021 – Ricoh has been positioned among the top three companies featured in IDC’s European Technology for Sustainability and Social Impact Index Market Maturity Report*.

The report provides a detailed comparison of the 29 most significant vendors representing the IT product manufacturing industry. The framework applied quantifies over 200 parameters across three pillars:  Technology Vendor Performance, Technology as an Enabler, and Technology for Good.

IDC highlights Ricoh’s main strengths in each pillar as:

  • Technology Vendor Performance: Governance & Operational Sustainability
    Setting clear Environmental, Social, and Governance (ESG) targets, that are linked to Ricoh’s global strategy, based on a robust environmental reporting tool to keep track of progress at local offices across the region.
  • Technology as an Enabler: Monetization & Product Energy Efficiency
    Providing a consultancy-based sustainability offering such as the Sustainability Optimisation Programme which complements a diverse product and services portfolio.
  • Technology for Good: Solutions for Good
    Using Ricoh’s own technological solutions to raise funds and awareness of dementia research through its partnership with Alzheimer’s Research UK.

The report also notes Ricoh’s key initiatives covering customer trust and privacy, sustainability-related training and education, employee safety and wellbeing, and workforce empowerment.

Nicola Downing, COO, Ricoh Europe, says: “We believe Ricoh has been recognised based on our unwavering commitment to achieving ESG targets and continually challenging ourselves to drive the sustainability agenda. We have revised our 2030 global greenhouse gas reduction target from 30% to 63%, compared to our 2015 baseline year – a sign that we will keep pushing the boundaries for the good of both people and planet. I am extremely proud of our ongoing achievements and the role we play in helping customers to drive environmental responsibility within their operation and adopt the mindset of always reducing, reusing, and recycling wherever possible.”

Vladimir Kroa, Associate Vice President, IDC, comments: “Ricoh’s strong performance against IDC’s sustainability framework stems from a well-balanced showing across all three main pillars. This quantitative measurement is a testimony to Ricoh's overall ESG strategy which is linked to the United Nations Sustainable Development Goals and embedded into their management strategies.”

 
*IDC: Europe Technology for Sustainability and Social Impact Index Market Maturity Report”: Infrastructure and Enterprise Equipment Manufacturers, doc # EUR146127520, February 2021

| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.

With cultivated knowledge and organizational capabilities nurtured over its 85-years history, Ricoh is a leading provider of digital services and information management, and print and imaging solutions designed to support digital transformation and optimize business performance.

Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2021, Ricoh Group had worldwide sales of 1,682 billion yen (approx. 15.1 billion USD).

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