Ricoh Europe
Climate Impact & Sustainability Data (2017, 2019)
Reporting Period: 2017
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced energy consumption by 46.6% from 2000 levels in 2017
- Reduced paper consumption by up to 75% in some regions for Vodafone
Social Achievements
- Improved employee to device ratio by 300% for Vodafone, leading to cost savings
- Inclusive design and accessibility solutions in MFPs
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High environmental impact in the In-Use phase of Ricoh products (over 60%)
Mitigation Strategies
- Sustainability Optimisation Programme to reduce CO2 emissions and TCO
- Carbon Balanced Production Printing consultancy
- GreenLine remanufacturing program
- Eco print driver to reduce paper waste
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Use of recycled materials, sustainable forestry practices for paper
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 14040/14044, ENERGY STAR, EPEAT, Blue Angel Mark
Certifications: ISO 14001, FSC, PEFC, EU Eco label, EN12281, BS 8887:220
Third-party Assurance: SGS
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- GreenLine remanufactured products
- Eco print driver
- Energy efficient products
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
Waste Generated:17,176 tons/year (CY 2019)
ESG Focus Areas
- Climate Action
- Responsible Consumption and Production
- Good Health and Well-being
- Creativity from Work
- Quality of Life Enhancement
- Zero-Carbon Society
- Circular Economy
- Stakeholder Engagement
- Open Innovation
- Diversity & Inclusion
Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by 63% by 2030 (target)
- Reduced Scope 3 emissions by 20% by 2030 (target)
- Sold almost 10,000 units of GreenLine remanufactured units in CY 2019 (over 80% of existing parts reused)
- Collected 17,176 tons of equipment in CY 2019
- 100% recyclable plastics in packaging in Europe
- Over 90% of products carry some form of ecolabel
Social Achievements
- Launched a global communication campaign encouraging employees to achieve SDGs
- Participated in a working group focused on bridging the digital divide
- Implemented quotas for managers from underrepresented and diverse backgrounds
- Women represent 27% of the total Ricoh workforce in Europe
- Every fourth Ricoh executive is female
- Donated over $1 million to various causes in Europe
- 10,584 employees participated in social contributions in 2019, spending 23,062 hours volunteering
- Produced 40,000 face shields per week for the UK's NHS in response to the COVID-19 pandemic
Governance Achievements
- Embedded sustainability-related KPIs into company executives' evaluation criteria
- Appointed a board member/executive responsible for corporate responsibility and sustainability management
- Made environmental and sustainable-development strategy a part of company values
- Sustainability-linked loan agreement with MUFG Bank
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050
Medium-term Goals:
- Reduce Scope 1 and 2 GHG emissions by 63% by 2030
- Reduce Scope 3 emissions by 20% by 2030
Environmental Challenges
- Need for more ambitious goals in environmental sustainability, particularly in overall energy usage
- Lack of clarity and metrics related to sustainability reporting
Mitigation Strategies
- Broader deployment of green building indicators
- Promoting the availability of its Carbon Calculator product
- Expanding the current remanufacturing center or replicating it in other European countries
- Engaging with local recycling experts
Supply Chain Management
Responsible Procurement
- Requires suppliers to provide proof of sustainability goals and science-based targets
- Adheres to UN Supplier Code of Conduct principles
- Requires ISO 14001 certification from suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN SDGs
Certifications: ISO 14001, EcoLeaf, Blue Angel Mark, Energy Star
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 8
- SDG 10
- SDG 12
- SDG 13
Ricoh applies UN SDGs to its operations, product use, and supplier network; focuses on SDGs 3, 12, and 13
Sustainable Products & Innovation
- GreenLine remanufactured units
- Products with eco mode and eco night sensor mode