Tokyo/Wallisellen, July 24, 2020 – Ricoh Company, Ltd. has once again been selected for inclusion in the FTSE4Good Index Series, the FTSE Blossom Japan Index, and the MSCI Japan Empowering Women Index (WIN), which are share price indexes for Environmental, Social and Governance (ESG) investments*1. Ricoh has been included in the FTSE4Good Index for 17 consecutive years since 2004, and the FTSE Blossom Japan Index and the MSCI Japan Empowering Women Index (WIN) for four consecutive years since 2017.
“Ricoh has identified seven material issues, and set 14 ESG priority targets and incorporated them into the business strategies”, says Mikako Suzuki, Corporate Vice President of Ricoh and General Manager of Sustainability Management Division. “We will contribute to achieving the SDGs agreed upon by the international community by reinforcing our operational underpinnings to solve social issues and realize the society we are aiming for.”
FTSE Russell—a wholly-owned subsidiary of the London Stock Exchange (LSE) Group—has been selecting companies for inclusion in their FTSE4Good Index since 2001 and focuses on companies demonstrating strong ESG practices.
The FTSE Blossom Japan Index was created in 2017, with a focus on Japanese companies, and has since been adopted by the Government Pension Investment Fund (GPIF) as its share price index for ESG investments.
The MSCI Japan Empowering Women Index (WIN) was created in 2017 to evaluate companies in how they promote and maintain higher levels of gender diversity.
*1ESG investments are those that consider more than a company’s financial performance, but also their approach to Environmental, Social, and Governance (ESG) practices. ESG investments are based on the understanding that emphasis on good ESG practices can help eliminate risk. Such information cannot be gleaned from regular financial reports. ESG investments can lead to more sustainable growth and greater mid-to-long term revenue potential for those companies.
Ricoh’s Approach to Seven Material Issues and ESG Targets
FTSE4Good Index Series
FTSE Blossom Japan Index
MSCI Japan Empowering Women Index (WIN)