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Ricoh Named one of the 100 Most Sustainable Corporations for the Fifth Year in a Row

March 19th, 2009 Posted in General, Industry News

Ricoh

For the fifth consecutive year, Ricoh, leading global manufacturer of printing equipment and solutions, has been named as one of the “Global 100 Most Sustainable Corporations in the World”. The 2009 Global 100 was unveiled at the Annual General Meeting of the World Economic Forum held in Davos, Switzerland.

Among the world’s leading corporations, Ricoh’s comprehensive approach to environmental management and its long-term vision extending to 2050, were highly regarded.  It also exceeded with human capital, stakeholder capital and strategic governance strategies when compared amongst other global companies. More than a third of the 2008 list has been dropped in favour in new entrants with Ricoh one of just a few companies that have featured on the list for five years in a row.

Tom Wagland, Environmental Manager, Ricoh Europe said, “We are delighted to be named as one of the Global 100 once again. At Ricoh, sustainable business is part of our DNA so it’s a great achievement to be recognised for our strategy to reduce environmental impact while remaining an innovative and customer driven organisation.”

Started in 2005 by Corporate Knights Inc. of Canada, the top 100 corporations in the world are selected from more than 1,800 large corporations in all business sectors, based on research and analysis of data provided by Innovest Strategic Value Advisors Inc. in the USA. The companies selected for the Global 100 were analyzed in detail, compared to their industry peers, and evaluated as the global corporations with the best-developed abilities to effectively manage environmental, social and governance risks. Achievement in these three areas, which significantly influences their business results, was evaluated as a key indicator of management quality and long-term financial performance.

Ricoh sustainability facts

  • 2008 - Ricoh Europe signed up to the UN Global Compact as an additional entity to its Global organisation - Ricoh Company Ltd which became a signatory in 2002
  • 2008 – Ricoh won two Ruban d’Honneur prizes in the “Environmental Awareness” and “Corporate Sustainability” categories at the European Business Awards
  • 2003 – Ricoh received the prestigious WEC Gold Medal from the World Environment Center, the first company from the Asian region to be honoured
  • Ricoh was the first corporation in Japan to establish a dedicated Corporate Social Responsibility division.  The Division launched in 2003.
  • 2002 – Ricoh was ranked first in the world for corporate responsibility rating by Oekom Research AG of Germany
  • Fiscal 2001 – the Ricoh Group achieved Zero-Waste-to-Landfill at its major global production sites
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