Post on 15-Aug-2015
Ricoh is World’s Most Ethical Company, for the sixth year
running
Ricoh has been recognised as a 2015 ®World’s Most Ethical Company , a
recognition meant to honour those
organisations that have had a material
impact on the way business is conducted,
by fostering a culture of ethics and
transparency at every level of the company.
Ricoh has been awarded this recognition
for the sixth consecutive year, underscoring
our commitment to leading ethical business
standards and practices. In accordance
with the principles of The Ricoh Way, the
company believes that earning trust as a
global citizen depends on meeting the
expectations of diverse stakeholders such
as customers, employees, suppliers,
regulators and investors. In fact, we believe
there is a correlation between ethical business practice and improved
company performance. Ethics is a means to further define their industry
leadership and it involves the collective action of the entire workforce.
The World’s Most Ethical Company assessment is instituted by the
Ethisphere Institute, the global leader in defining and advancing the
standards of ethical business practices. It is based upon the Ethisphere
Institute’s Ethics Quotient™ (EQ) framework developed over years of
research to provide a means to assess an organisation’s performance in
an objective, consistent and standardised way. Scores are generated in
five key categories: ethics and compliance program (35%), corporate
citizenship and responsibility (20%), culture of ethics (20%), governance
(15%) and leadership, innovation and reputation (10%).
ConnectIssue 4, April 2015