Ricoh has scored double ‘A’ for climate action and water security. The company’s global leadership in corporate transparency and performance on climate change and water security disclosure have been recognised by global environmental non-profit, CDP, securing the Group a place on its 2023 A list.
This double A score marks Ricoh’s first inclusion on the water security A list and fourth consecutive year on the climate change A list since 2020. CDP evaluated over 24,000 companies worldwide, and only 61, including Ricoh, were recognised on the A List in both categories.
Jolene Castelyn, Marketing Executive at Ricoh South Africa, said, ‘Ricoh’s vision for a zero-carbon and circular economy is at the heart of our strategy, underpinned by ambitious ESG targets including significant reductions in greenhouse gas emissions, increased renewable energy use, and decreased reliance on virgin materials.’
‘Our environmental goals, certified as aligning with the 1.5°C targets by the Science Based Targets initiative, reflect our commitment to advancing decarbonisation within our operations and across our entire supply chain,’ Castelyn added. ‘Ricoh has positioned the realisation of a ‘zero-carbon society’ and a ‘circular economy’ as materialities. By 2030, we aim to reduce greenhouse gas (GHG) emissions from our group companies by 63% and in our entire supply chain by 40%, compared to 2015 levels, and achieve a 50% renewable energy ratio. Furthermore, recognising the critical importance of water resources, we are actively working to reduce water usage across the Group, in line with our circular economy aspirations.’
Enhancing its disclosure based on TCFD framework, Ricoh has been publishing TCFD Reports since 2021 and Circular Economy Reports since 2022 to showcase its strategy and initiatives to address climate change and resource circulation to its stakeholders.
Ricoh will continue to contribute to solving social issues and achieving the Sustainable Development Goals through its business activities with its business partners and customers.
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