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Ricoh Australia

OVERALL

Owned
JPN
Rating
Praises, some criticism

Office equipment

Office equipment sales, service and support.

Company Ownership

Ricoh Australia Pty Ltd   AUS     website   email   facebook   twitter
  Ricoh Company Ltd   
   owns 100% of Ricoh Australia Pty Ltd  
JPN     website   email      

Imaging and electronics manufacturer

Research and development, production, sales and support in office imaging, production printing, network system solutions and industrial products with 229 subsidiary and affiliate companies in 180 countries.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Ricoh Australia Pty Ltd
Environment Carbon neutral
This company meets the requirements of carboNZero certification having measured its greenhouse gas emissions in accordance with the requirements of ISO14064-1:2006, committed to managing and reducing its emissions and neutralised its remaining unavoidable emissions through the cancellation of an appropriate number of verified carbon credits in respect of the operational activities of its organisation excluding regional dealers that are not owned by Ricoh Australia Pty Ltd.
Source: CarboNZero (2017)
Environment Australian Packaging Covenant signatory
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020)
Business Ethics No tax paid in 2016/7
According to data released by the Australian Tax Office in Dec 2018, this company was one of 2,159 local and foreign-based companies that paid no tax in Australia in 2016-17. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
Source: ATO (2018)
Ricoh Company Ltd
Environment CDP Climate Change Score of A
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A.
Source: CDP (2021)
Social CDP Water Security Score of A-
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of A-.
Source: CDP (2021)
Business Ethics 90/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 90/100 in the Computers & Peripherals and Office Electronics category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
Social B- grade at Behind the Barcode
B- grade in the Baptist World Aid Australia's Behind the Barcode 'Ethical Electronics Guide 2016', which grades companies on their efforts to mitigate the risks of forced labour, child labour and worker exploitation throughout their supply chains. Assessment criteria fall into four main categories: policies, traceability & transparency, monitoring & training and worker rights.
Source: Baptist World Aid Australia (2016)
Environment Supply chain practices in China
This company received a score of 6.2/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
Business Ethics Loss in patent licensing litigation
Long-running litigation over the terms of a patent licensing deal between this company and Eastman Kodak came to a close in 2014 with the announcement of a $43 million settlement that puts Ricoh on the losing end of the dispute.
Source: news article (2014)
Environment Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target; responsible corporate engagement in climate policy; commit to 100% renewable power.
Source: We Mean Business (2021)
Business Ethics Sustainability strategy
Deloitte developed a Zero Impact Growth Monitor that was used in 2012 to assess and rank 65 different companies' attempts to become more sustainable. Six companies reached the "Ecosystem" level: Puma, Nike, Nestle, Natura, Unilever and Ricoh. These pioneering companies have not only set measurable and ambitious mid- to long-term targets (beyond 2020), but have also embedded their sub-policies in a holistic strategic vision of their attempt to minimize their negative environmental and societal impacts.
Source: Deloitte (2012)

> About the Icons

Company Details

Type Wholly-owned subsidiary
Revenue 340 million AUD (2019)
Employees 889 (2019)

Contact Details

Address Suite G2, 2 Richardson Place, North Ryde, NSW, 2113, Australia
Phone 13 74264
Website www.ricoh.com.au

Products / Brands

Ricoh Australia
Ricoh Printers


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