Ricoh

Ricoh, a Japanese company in the Computer and related services sector, has committed to ambitious climate action.

In 2023, Ricoh reported total Scope 1, 2, and 3 emissions of approximately 1.805 billion kg CO2e. This included Scope 1 emissions of 102.6 million kg CO2e, Scope 2 emissions (market-based) of 148.4 million kg CO2e, and Scope 3 emissions of 1.458 billion kg CO2e. Key categories within Scope 3 included purchased goods and services (992 million kg CO2e), upstream transportation and distribution (476 million kg CO2e), and capital goods (157 million kg CO2e).

Ricoh has set a net-zero target, committing to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. This long-term commitment aligns with a 1.5°C warming scenario, as validated by the Science Based Targets initiative (SBTi).

For its near-term targets, Ricoh aims to reduce absolute Scope 1 and 2 GHG emissions by 75.0% by FY2030 from a FY2015 base year. Additionally, Ricoh commits to reducing absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and use of sold products by 40.0% within the same timeframe.

Ricoh has also established long-term absolute reduction targets: a 90.0% reduction in Scope 1 and 2 GHG emissions by FY2040 from a FY2015 base year, and a 90.0% reduction in Scope 3 GHG emissions by FY2050 from a FY2015 base year. A new 2040 target was set in March 2024 to achieve net zero GHG emissions for Scope 1 and 2, bringing it forward by 10 years. They also plan to achieve 100% renewable energy usage for electricity (RE100 initiative). For Scope 3, they have expanded the scope to all categories and set a new reduction ratio of 65% from the 2015 base year for 2040.