Ricoh earns a place on the prestigious “CDP2020 Supplier Engagement Leaderboard”
TOKYO, February 12, 2021 – Ricoh Company, Ltd. earned an “A” score for the Climate Change 2020 Program and was placed on the prestigious CDP2020 Supplier Engagement Leaderboard of the non-profit environmental organization CDP*1.
CDP’s annual Supplier Engagement Rating (SER) is designed to evaluate and spur action on corporate supply chain engagement on climate issues, based on the CDP climate change questionnaire. The CDP surveys more than 5,800 companies worldwide. The highest-rated companies are celebrated in the Supplier Engagement Leaderboard, and Ricoh is among the top 7% (approx. 400 companies) of the total assessed companies, of which 83 are Japanese.
Ricoh aims for zero GHG emissions across the entire value chain and aims to establish a zero-carbon society by providing highly energy-efficient products and solutions and actively encouraging business partners to do the same. Ricoh provides recycled products by drawing on 3R-related technologies amassed since 1994 and the global recovery structure based on “The Comet Circle™” concept initiated for materializing a sustainable economy. Ricoh supports its suppliers in their CO2 reduction activities, and its comprehensive information disclosures are internationally acclaimed.
Climate change is one of the most pressing social issues facing our global society. Ricoh has committed to becoming carbon neutral by 2050 and will continue to promote the realization of a zero-carbon society through energy conservation activities, renewable energy, and active participation in international initiatives.
*1 CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states, and regions that have disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition.