Ricoh Company, Ltd. has once again been selected for inclusion in the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the MSCI Japan Empowering Women Index, which are share price indexes for Environmental, Social and Governance (ESG) investments.
ESG investments are those that consider more than a company’s financial performance, but also their approach to environmental, social, and governance practices. ESG investments are based on the understanding that emphasis on good ESG practices can help eliminate risk. Such information cannot be gleaned from regular financial reports. ESG investments can lead to more sustainable growth and greater mid-to-long term revenue potential for those companies.
Ricoh has been included in the FTSE4Good Index for 17 consecutive years since 2004, and the FTSE Blossom Japan Index and the MSCI Japan Empowering Women Index for four consecutive years since 2017. The MSCI Japan Empowering Women Index was created in 2017 to evaluate companies on how they promote and maintain higher levels of gender diversity.
‘Ricoh has identified seven material issues, and set 14 ESG priority targets and incorporated them into the business strategies,’ said Mikako Suzuki, Corporate Vice President of Ricoh and General Manager of Sustainability Management Division. ‘We will contribute to achieving the Sustainable Development Goals agreed upon by the international community by reinforcing our operational underpinnings to solve social issues and realise the society we are aiming for.
FTSE Russell, a wholly-owned subsidiary of the London Stock Exchange Group, has been selecting companies for inclusion in their FTSE4Good Index since 2001 and focuses on companies demonstrating strong ESG practices.
The FTSE Blossom Japan Index was created in 2017, with a focus on Japanese companies, and has since been adopted by the Government Pension Investment Fund (GPIF) as its share price index for ESG investments.
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RICOH
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