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Ricoh Company has announced its goals to strengthen its commitment to fostering sustainability in business and society. Ricoh started its 19th Mid-Term Management plan from April 2017, and, to coincide with the plan, Ricoh outlined five material issues and environmental goals that include achieving zero greenhouse gas (GHG) emissions by 2050.

 

Furthermore, Ricoh has become the first Japanese company to join the RE100, a collaborative, global initiative of influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery of – renewable energy. By joining the RE100, the company has committed to using a minimum of 30% renewable energy by 2030 and 100% by 2050.

 

Ricoh aims to create new markets and value propositions by looking broadly at social issues, and taking on the challenge to resolve them while simultaneously achieving social development and Ricoh’s own business growth. The five material issues Ricoh will address include:

 

Productivity Enhancement

Intelligence Creation

Quality Of Life (QOL) Enhancement

Zero-carbon Society

Circular Economy

 

“Ricoh is committed to continuous growth as a trusted and valued corporate citizen for our customers and society at large, and our Ricoh Global Environmental Declaration clarifies our environmental material issues focus and outlines our action plan,” said Yoshinori Yamashita, President & CEO, Ricoh Company, Ltd. “As our global team embarks on new beginnings outlined in our Mid-Term Management Plan, we will be focussed on empowering society to benefit from working smarter and becoming more environmentally sound. Today’s announcement further aligns tangible goals to these ideals.”

 

“We’re thrilled to welcome Ricoh, the first RE100 member headquartered in Japan – a country known for its technology, with huge potential in renewables,” said Sam Kimmins, Head of RE100. “Ricoh’s commitment to 100% renewable electricity sends a clear signal that corporate demand is increasing globally. We look forward to working with this leading company to share the combined knowledge of RE100’s membership and help them achieve their renewable electricity ambitions.”

 

With the launch of its 19th Mid-Term Management Plan, Ricoh has established these five material issues to focus on through business, based on the U.N. Sustainable Development Goals (SDGs *1) that were agreed upon by the international community, and Ricoh’s Mission Statement.

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