Ricoh named as top sustainable company of 2024

Ricoh has been recognised in the TIME World’s Most Sustainable Companies of 2024 list.

The company ranked 151st overall and 8th out of 39 in the Electronics. Hardware & Equipment industry sector.

The ranking assessed over 5,000 companies, recognising companies that prioritise sustainability and advance corporate responsibility.

Companies were assessed through a four-step process:

1. Sustainable businesses: exclusion of companies that did not meet sustainability criteria.
2. Commitment and ratings: public commitment to sustainable targets and performance in external rating, such as Carbon Disclosure Project (CDP) score.
3. Reporting and transparency: publication of ESG report with data for 2022 and use of relevant guidelines, such as alignment with Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB).
4. Environmental and social stewardship: environmental and social Key Performance Indicators (KPIs) from Corporate Social Responsibility (CSR) reports, including metrics on emissions, energy use, renewable energy, gender diversity, and employee turnover rates.

In other news, Ricoh has also been named in the Global 100 Most Sustainable Corporations 2024 by Corporate Knights and Asia-Pacific Climate Leaders 2024 list by the Financial Times and Statista.