Japanese technology company Ricoh has distinguished itself through exceptionally long-term environmental planning. While many corporations focus on 5-10 year targets, Ricoh developed sustainability goals extending to 2050 and beyond.
Long-Term Vision
Ricoh Environmental Action Plan aims to reduce environmental impact to levels the Earth can naturally absorb by 2050. This requires reducing emissions and resource use by over 85% compared to 2000 levels.
Science-Based Targets
The company has set science-based targets aligned with limiting global warming to 1.5°C. Intermediate goals for 2030 include 63% reduction in Scope 1 and 2 emissions and 40% reduction in Scope 3 supply chain emissions.
Circular Economy Approach
Ricoh has pioneered product take-back and remanufacturing programs, extending equipment life and recovering valuable materials. The company designs products for disassembly and recyclability from the start.
Renewable Energy Transition
The company is transitioning to 100% renewable electricity across global operations. Energy efficiency improvements in manufacturing and products further reduce environmental footprint.
Lessons for Business
Ricoh experience demonstrates that long-term thinking enables more ambitious environmental goals. By planning across decades rather than quarters, companies can make strategic investments that deliver both environmental and business benefits.