Ricoh Makes "Global 100" List for 7th Year in a Row
Tokyo, February 3, 2011――. This is the seventh consecutive year that Ricoh has been listed in the "Global 100 Most Sustainable Corporations in the World," known as the "Global 100." Starting in 2005, Corporate Knights Inc. of Canada has selected the top 100 corporations in the world every year by highlighting global corporations which have been the most proactive in managing environmental, social and governance issues (ESG) integrated with financial data.
The 2011 Global 100 was announced on January 29, timed to coincide with the Annual General Meeting of the World Economic Forum held in Davos, Switzerland.
Evaluation was based on 3,500 companies which underwent an exhaustive process that reduced the number to a select 300, after which a final selection of 100 from 22 countries was made based on the key performance indicators.
Among those countries, Japan led the way with 19 Global 100 companies (14 more than in 2010). The United States followed with 13, then the UK and Canada. 34% of winning companies were new to the list.
Ricoh was ranked 71st out of 100, considerably higher than last year's 95th ranking. This long Ricoh run in the Global 100 is a further testament to the company's total commitment to environmental preservation and its sense of responsibility as a good global citizen.
< Global 100 Key Performance Indicators Definitions>
• Energy Productivity: Sales / Total direct and indirect energy consumption
• Carbon Productivity: Sales / Total CO2 and CO2 equivalents emissions
• Water Productivity: Sales / Total water use
• Waste Productivity: Sales / Total amount of waste produced
• Leadership Diversity: % women board directors
• CEO-to-average worker pay: Ratio of highest paid officer’s compensation to average employee compensation (3-year average)
• % Tax Paid: % reported tax obligation paid in cash (3-year average)
• Safety Productivity: Sales / lost-time incidents and fatalities
• Sustainability Remuneration: Whether or not at least one senior officer has his/her pay linked to sustainability
• Innovation Capacity: R&D / sales (3-year average)
• Transparency: % of data points on which the company provided data and level of GRI disclosure
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