This distinction is awarded to companies that the Ethisphere Institute sees as embodying exemplary business ethics, corporate citizenship, and sustainability.
This is the third year that the Ethisphere Institute has published the list and the decisions are based on an ethics quotient that is calculated over multiple areas of corporate ethics with over 10,000 companies reviewed.
Ricoh has made significant steps since 2002 to expand its ethical practices when the company signed the UN Global Compact, which signifies businesses that are dedicated to human rights, labor practices, environmental sustainability, and anti-corruption.
The company also formed the Ricoh Group CSR Charter and the Ricoh Group Code of Conduct, which ensure that the company stays dedicated to citizenship and ethical practices. Ricoh Company Ltd is a producer of digital office equipment.