Ricoh endorses Taskforce on Nature-related Financial Disclosures and registers as TNFD Adopter; Ricoh will conduct assessments on its dependency, impacts on natural capital and begin disclosing information in fiscal year 2024

Sample article from our Printing & Publishing

TOKYO , June 28, 2024 (press release) –

Ricoh today announced its endorsement of Taskforce on Nature-related Financial Disclosures (TNFD)*1 recommendations, released in September 2023 to enable companies to assess, disclose and manage nature-related dependencies, impacts risks and opportunities, and its registration as a TNFD Adopter*2 in June 2024. Moving forward, Ricoh Group plans to conduct assessments on its dependency and impacts on natural capital in line with TNFD recommendations and begin disclosing information in the fiscal year 2024.

Ricoh Group defines its vision of a sustainable society as achieving a balance among the three Ps of Economy (Prosperity), Society (People), and Environment (Planet) – referred to as the “Three Ps Balance.” In the context of the Environment (Planet), Ricoh aims to achieve a decarbonized and circular society. Recognizing the importance of biodiversity conservation to building a truly prosperous and sustainable society, Ricoh established its “Biodiversity Policy” in 2009 and has since been actively engaged in biodiversity conservation efforts.

Ricoh Group will also continue its contribution towards realizing international goals such as the “Kunming-Montreal Global Biodiversity Framework,” aiming for Nature Positive*3 outcomes and zero deforestation, in addition to achieving target 15 of the Framework through TNFD-aligned information disclosure.

*1
Taskforce on Nature-related Financial Disclosures (TNFD): A market-led, science-based and government-backed initiative providing organizations with the tools to act on evolving nature-related issues. It was launched in June 2021 with the support of the G20 Sustainable Finance Working Group and with financial support from a number of governments and philanthropic foundations to provide a framework for managing and disclosing nature-related risks. In September 2023, TNFD released its final recommendations (v1.0) outlining frameworks for companies and financial institutions to identify, assess, manage, and disclose nature-related issues. https://tnfd.global/
*2
TNFD Adopter: An organization that has committed to start making disclosures aligned with the TNFD Recommendations in its corporate reporting by fiscal year 2024 (or earlier) or by 2025. https://tnfd.global/engage/tnfd-adopters/
*3
Nature Positive: To halt and reverse biodiversity loss, placing nature on a path to recovery.

| About Ricoh |

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.

Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).

It is Ricoh's mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.

For further information, please visit www.ricoh.com

###

© 2024 RICOH COMPANY, LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order printing & publishing coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.