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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Ricoh Co Ltd has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, including the introduction of legislation for carbon taxes and emissions trading in Japan, as well as advocating for a "50% renewable energy ratio by 2030." Ricoh has provided detailed information about its lobbying mechanisms, such as direct dialogues with policymakers, including the Prime Minister of Japan, the State Minister of Environment, and the State Minister of Economy, Trade and Industry. It has also disclosed its involvement with entities like the Liberal Democratic Party's Investigative Committee on the Environment and Global Warming Countermeasures. Furthermore, Ricoh has outlined specific and measurable outcomes sought through its lobbying efforts, such as designing a carbon pricing system aligned with the '1.5°C target,' promoting public understanding of carbon pricing, and investing in infrastructure using carbon pricing revenue. The company has also emphasized the urgency of implementing these mechanisms to meet the 2030 GHG emission reduction goals under the Paris Agreement. This level of detail and clarity illustrates Ricoh's comprehensive approach to disclosing its climate lobbying efforts and objectives.
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4
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| Overall Assessment |
Comment |
Score |
| Strong |
Ricoh demonstrates a robust governance process to ensure alignment of its climate lobbying activities with its overall climate change strategy. The company states that its "Sustainability Management Division (SMD) is responsible for information collection and analysis and managing lobbying activities related to the environment laws and regulations covering all the products area." This division sets "strategies/directions for lobbying, how to engage with policy makers," ensuring a structured approach to lobbying alignment. Furthermore, Ricoh describes a monitoring process where "business units and other organizations conduct lobbying and information gathering activities in coordination and consultation with industry associations, research firms, and laws and regulations development bodies/government offices." These activities are reported quarterly at ESG Committee meetings, which include the CEO, CFO, and other key leaders, where "decisions are made based on these reports." This indicates clear oversight and accountability mechanisms. Additionally, Ricoh highlights its participation in alliances such as JCI and JCLP, which advocate for climate policies aligned with the Paris Agreement, further demonstrating its commitment to indirect lobbying alignment. While the evidence does not mention a published lobbying audit or detailed study, the governance process described is robust and includes monitoring, alignment strategies, and oversight by responsible parties.
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3
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