Ricoh earns 8th straight spot in "Global 100" most sustainable corporations list

Written by Kristen Read Thursday, 09 February 2012 12:22
Global100-lgFor the eighth year in a row, Ricoh has been listed on the Global 100 Most Sustainable Corporations in the World ranking. Called "the most extensive data-driven corporate sustainability assessment," the Global 100 is sponsored by Corporate Knights Inc. The company hosted a dinner at the World Economic Forum in Switzerland in late January, and at the event announced which corporations had earned a spot on the list.


Takashi Nakamura, Ricoh's deputy president, responsible for corporate social responsibility, had this to say: "We're grateful for our consistent inclusion in the Global 100. It affirms our commitment to our customers, our people and the environment. We deeply believe business and the environment are complementary -- in fact, interdependent -- and try to express that belief in our operations and the services we provide."

The Global 100 includes companies from 22 countries encompassing all sectors of the economy, with collective annual sales in excess of $3 trillion, and well over 5.2 million employees.

Tony Heaps, CEO of Corporate Knights, said: "In a year in which Wall Street was occupied and capitalism became a bad word, the Global 100 companies serve as ambassadors for a better, cleaner kind of capitalism which, it also turns out, is more profitable."

The Global 100 list is based on eleven key performance indicators:

Energy Productivity: Revenue per gigajoule of energy consumption.
Carbon Productivity: Revenue per metric tonne of direct/indirect GHG emissions.
Water Productivity: Revenue per cubic meter of water withdrawal.
Waste Productivity: Revenue per metric tonne of produced waste.
Leadership Diversity: Percentage of women and visible minority on board of directors.
Clean Capitalism Pay Link: At least one senior executive's compensation tied to clean capitalism-themed performance targets.
% Tax Paid: Percentage of reported tax obligation paid in tax.
CEO-Average Worker Pay: How much more CEO gets paid (expressed as a multiple) compared to average worker.
Safety Productivity: Revenue divided by (lost-time incidents * $1K + fatalities * $1M)
Innovation Capacity: Revenue per R&D dollar spent (3-year average)
Employee Turnover: Percentage of employees that voluntarily leave the company

Check out this link for more information on Corporate Knights, the Global 100 list and its key performance indicators.

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