In an evolving corporate landscape with hybrid and remote workstyles, Ricoh continues to invest in managed print services, digital services, and solutions supporting sustainability for businesses. The company has officially earned the designation of a Leader in the IDC MarketScape for Global Sustainability Initiatives and Services Hardcopy 2023 Vendor Assessment (doc # US49892223, Dec 2023).
The IDC research evaluates sustainability initiatives and services among worldwide hardcopy vendors, spotlighting their strengths and challenges. The IDC MarketScape highlights Ricoh’s enduring dedication to environmental sustainability as a pivotal factor in securing its Leader status. The report emphasises Ricoh’s commitment to environmental sustainability, tracing back to its Founding Principles established in 1946 by founder Kiyoshi Ichimura, stating:
‘Ricoh acknowledged a corporate responsibility to minimise impact on the environment decades ago. In 1976, Ricoh established a company Environmental Promotion Section, and the company remains focused on driving sustainability through its business and operations, while developing innovative technologies to help customers reduce (their) carbon footprint and lessen environmental impact.’
IDC examined Ricoh’s sustainability performance across business operations, products, business models, business services, corporate strategies, and governance/risk/compliance measures. The evaluation identified strengths in Emission Reduction, Sustainability Portfolio Integration, Reuse and Recycling, and Managed Print and Automation Services.
‘Ricoh consistently demonstrated a deep-seated commitment to environmental stewardship, evident in its extensive history of prioritising sustainability across its operations,’ said Robert Palmer, Research Vice President, Imaging, Printing and Document Solutions at IDC.
‘Characterised by an alignment to the United Nations Sustainable Development Goals and a pledge to achieve 100% renewable energy usage by 2050, Ricoh’s actions to reduce greenhouse gas emissions, promote reuse and recycling among customers, and integrate environmental conservation seamlessly into every facet of its business, is notably admirable.’
Building on its rich legacy, Ricoh attributes its recognition as a Sustainability Leader to its digital services.
The IDC MarketScape noted, ‘Ricoh’s Managed Print and Automation Services help businesses optimise print infrastructure to improve efficiency, reduce cost, enhance security, and drive sustainability.’ The report also underscores that ‘every product it (Ricoh) develops or service it delivers possesses features or capabilities supporting sustainable business practices.’ Furthermore, the report stated: ‘Ricoh should also be considered among top vendors when seeking a partner to facilitate a hybrid working model. Ricoh has the tools and expertise to aid collaboration, creativity, and productivity in flexible working environments, contributing to reduced environmental impact.’
‘Over 45 years ago we committed to prioritising environmental sustainability in every Ricoh Group business decision,’ said Jolene Castelyn, Marketing Executive, Ricoh South Africa. ‘Our actions within a circular economy aim to achieve a truly sustainable and zero-carbon society, and we value our Leader position in the IDC MarketScape as recognition of our efforts.’
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