Ricoh will continue to promote thorough energy conservation activities and actively use renewable energy in-house and demonstrate leadership towards the realisation of a zero-carbon society through active participation in international initiatives. The company has endorsed the ‘Business Ambition for 1.5°C’ campaign.
This campaign is headed by the United Nations Global Compact, We Mean Business coalition (a global coalition of non-profit organisations working with the world’s most influential businesses to take action on climate change), and the Science Based Targets initiative (SBTi), which aims to reduce global temperature increases due to global warming to less than 1.5°C from pre-industrial levels and to achieve virtually zero greenhouse gas (GHG) emissions by 2050. The SBTi is a joint initiative of CDP, the UN Global Compact, the World Resources Institute and the World Wildlife Fund. It aims to enable leading companies to set ambitious and meaningful corporate greenhouse gas reduction targets. Currently, approximately 300 companies’ top management have expressed their support.
In March of this year, Ricoh updated its environmental targets in light of changes in global trends regarding global warming by revising its greenhouse gas reduction target for its own corporation’s emissions from 30% to 63% in 2030, compared to 2015, and were certified under the SBTi’s new standard of 1.5°C target. The company has endorsed the ‘Business Ambition for 1.5°C’ campaign.