Ricoh receives highest MSCI ESG Rating of AAA for the first time
TOKYO, March 13, 2024 – Ricoh today announced it has received the highest rating of AAA in the MSCI ESG Ratings, a globally recognized benchmark for Environmental, Social, and Governance (ESG) investments, in February 2024. Up from the previous AA rating, this is Ricoh’s first time to receive AAA rating based on its high marks in Human Capital Development and Governance categories, as well as significant improvements in the disclosure of all categories.
The MSCI ESG Ratings, conducted by Morgan Stanley Capital International (MSCI), assess how well companies manage ESG risks and rate them on a seven-point scale of AAA to CCC according to their exposure to ESG risks and how well they manage those risks relative to peers.
To realize a sustainable society, Ricoh has identified seven material issues in two areas, “Resolving social issues through business” and “Robust management infrastructure,” and set 16 ESG targets in linkage with the material to work toward solving these issues.
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