Ricoh Wins 2003 WEC Gold Medal

The 2003 World Environment Center (WEC) Gold Medal award for International Corporate Achievement in Sustainable Development goes to Ricoh Company, Ltd., a leading office equipment company. Masamitsu Sakurai, president and COO, will accept the award on behalf of the company’s 74,000 employees around the world at a formal gala on May 15 at the National Building Museum in Washington DC. Only one company receives the Gold Medal each year; Ricoh is the first Asian company to be so honored. The award was established in 1985, and is awarded by an independent jury of international environmental experts to a corporation that demonstrates pre-eminent leadership in sustainable development and contributes to worldwide environmental quality. The signature contribution on which the jury based its decision is Ricoh’s outstanding performance combined with world class energy efficiency technology, reduction of emissions, zero-waste to landfill in production, green suppliers pipeline, and a cutting edge environmental management system globally implemented. Innovest Strategic Value Advisors, the U.S. investment research company that correlates company performance with environmental initiatives, gives Ricoh the highest “eco-rating,” AAA. Oekom, a German corporate responsibility ratings agency also gives Ricoh the highest rating. Among its activities, Ricoh: * established a system to work with suppliers […]

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