This is the third year in a row that the company is honoured for going beyond legal minimums, introducing innovative ideas to benefit the public and forcing its competitors to follow suit by consistently upping the ante for what it takes to be an ethical leader. Out of a record number of nominations for the award, Ricoh secured a hard-earned spot on the list by going the extra mile and implementing upright business practices and initiatives that are instrumental to the company’s success, benefit the community, and raise the bar for ethical standards within the industry.
This is the fifth year Ethisphere, a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, has published the WME rankings, which appear in Ethisphere Magazine’s Q1 issue.
Ethisphere reviewed thousands of companies and evaluated a record number of applications utilising its propriety methodology through in-depth research and multi-step analysis, naming 110 companies that surpassed their industry peers to this year’s World’s Most Ethical Companies list. The 2011 list features companies in 38 industries including 43 companies headquartered outside the United States.