Ricoh awarded Gold rating by EcoVadis for its sustainability practices 2023
TOKYO, March 3, 2023 – Ricoh Company, Ltd. has been awarded a Gold rating in the sustainability assessment conducted by EcoVadis. This recognition places Ricoh amongst the top 5% of companies assessed in its industry in the context of sustainability performance.
Established in 2007, EcoVadis is the world's most trusted provider of business sustainability ratings focused on corporate Environmental, Social, and Governance (ESG) practices, working to help companies improve their practices through their global supply chains.
EcoVadis assesses more than 100,000 companies from over 175 countries across 200 business sectors on corporate policies, initiatives and achievements in four key areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Ricoh’s commitment in the areas of Environment and Sustainable Procurement were highly recognized, the latter receiving the highest score of "Outstanding". Ricoh has received the Gold rating in the assessment for consecutive years since 2014.
In 2019, Ricoh became the first Japan-headquartered company to participate in the Business for Inclusive Growth, which aims to address inequality in workplaces and supply chains. In the same year, it joined the Responsible Business Alliance, which promotes social responsibility in global supply chains.
Ricoh continues to contribute towards supporting the United Nation’s Sustainable Development Goals (SDGs) by solving social issues across the business value chain through and working to realize a sustainable society.
Related links
EcoVadis website
Ricoh's Commitment and Recognition
https://www.ricoh.com/about/integrated-report/data/commitment/
Ricoh’s Approach to Seven Material Issues and ESG Targets
https://www.ricoh.com/sustainability/materiality/