Business News
Ricoh makes “Global 100” List for 5th year in a row
Friday 30. January 2009 - This is the fifth 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 evaluating the sustainability of more than 1,800 large corporations in all business sectors based on research and analysis provided by Innovest Strategic Value Advisors Inc. of the USA. The 2009 Global 100 was announced on January 28, timed to coincide with the first day of the Annual General Meeting of the World Economic Forum held in Davos, Switzerland. The companies selected for the Global 100 were judged to be the global corporations with the most effective management approach to environmental, stakeholder capital, human resources and governance issues. Achievement in these four areas has been evaluated as a key indicator of management quality and long-term financial performance.
One of the overwhelming factors in Ricohs favor was the companys extra long term 2050 environmental policy, and how its current management strategies all support this initiative. Ricohs strong performance in the other three key indicators also contributed to its inclusion in this years list. Ricoh managed to keep its place in the list five years in a row in spite of the fact that one third of the selected companies have changed since the 2008 list.