Ricoh Awarded Gold Rating by EcoVadis for Its Sustainability Practices
Ricoh Awarded Gold Rating by EcoVadis for Its Sustainability Practices
Ricoh Co. Ltd. has been awarded a Gold rating in the sustainability assessment conducted by EcoVadis. This recognition places Ricoh among the top 5% of companies assessed in its industry in the context of sustainability performance.
Established in 2007, EcoVadis is a trusted provider of business sustainability ratings focused on corporate Environmental, Social and Governance (ESG) practices, working to help companies improve their practices through their global supply chains.
EcoVadis assesses more than 100,000 companies from more than 175 countries across 200 business sectors on corporate policies, initiatives and achievements in four key areas: environment, labor & human rights, ethics and sustainable procurement. Ricoh's commitment in the areas of environment and sustainable procurement were highly recognized, the latter receiving the highest score of "Outstanding." Ricoh has received the Gold rating in the assessment for consecutive years since 2014.
In 2019, Ricoh became the first Japan-headquartered company to participate in the Business for Inclusive Growth, which aims to address inequality in workplaces and supply chains. In the same year, it joined the Responsible Business Alliance, which promotes social responsibility in global supply chains.