Ricoh recognised with double ‘A’ score for climate action and water security leadership in CDP A List for two consecutive years

London, February 14, 2025 – Ricoh today announced that Ricoh'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 a place on its 2024 A list. This double A score marks Ricoh's selection for a second consecutive year on the water security A list and fifth consecutive year on the climate change A list since 2020.

To realise a zero-carbon society, Ricoh seeks to reduce GHG emissions from our group companies by 63% by 2030, compared to 2015, and reduce GHG emissions in the entire supply chain by 40%, compared to 2015, by 2030. These decarbonisation goals have been certified as “1.5°C targets" by the SBT Initiative (SBTi). In addition to promoting decarbonisation initiatives within the Group, Ricoh also holds briefing sessions for suppliers and requests medium to long-term GHG reduction targets from key suppliers. Another goal is to achieve a renewable energy ratio of 50% for the electricity used in its operations by 2030, actively promoting the introduction of renewable energy sources with high additionality.

In its pursuit of a circular economy, Ricoh strives to effectively use water resources. Under the Group policies regarding water resources, Ricoh sets targets to reduce water usage below the previous year's performance and is actively working across the entire Group to achieve water consumption reduction.

In 2024, Ricoh published Ricoh Group Environmental Report, a comprehensive disclosure on climate change, resource circulation, and biodiversity. This report illustrates Ricoh's strategies and initiatives in the environmental field to all 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.

*About CDP

CDP is a global non-profit that runs the world’s only independent environmental disclosure system. As the founder of environmental reporting, we believe in transparency and the power of data to drive change. Partnering with leaders in enterprise, capital, policy, and science, we surface the information needed to enable Earth-positive decisions. We helped more than 24,800 companies and 1,100 cities, states and regions disclose their environmental impacts in 2024. Financial institutions with more than a quarter of the world’s institutional assets use CDP data to help inform investment and lending decisions. Aligned with the ISSB’s climate standard, IFRS S2, as its foundational baseline, CDP integrates best-practice reporting standards and frameworks in one place.