Ricoh USA, Inc has officially announced the launch of a brand-new Sustainability Services Dashboard, which is one first-of-its-kind platform designed for Ricoh customers to measure, report and act upon emissions data associated with Ricoh Digital Services. According to certain reports, the stated dashboard comes bearing an ability to integrate cutting-edge technology and industry-leading expertise for the purpose of addressing one of the most significant challenges facing corporations today: reducing emissions from vendors and suppliers. More on the same would reveal how this Sustainability Services Dashboard by Ricoh banks upon Watershed, an enterprise sustainability platform, and its granular emissions measurement to generate comprehensive insights into carbon emissions across all scopes. For instance, it uses Watershed data to offer customers Scope 3 emissions footprint of their business with Ricoh, a lowdown which is largely aided by that company’s privately and publicly disclosed financial and climate information. Anyway, to understand the significance of what the new dashboard seemingly brings forth, we must acknowledge that indirect supplier – or Scope 3 – emissions can make up more than 80 percent of total carbon contributions for many companies. Such severity means solving this problem has to be an integral part of our wider drive for sustainability.
Talk about how the Sustainability Services Dashboard will help us realize that on an actionable note, we begin from the promise of better regulatory compliance. You see, with the given solution in place, users can expect to seamlessly meet the evolving requirements of regulatory bodies, including the Corporate Sustainability Reporting Initiative (CSRI). All in all, though, by providing public, credible reporting on Scope 3 emissions, the Sustainability Services Dashboard should not only ensure compliance with current regulations, but it is also highly likely to do so for any future regulations that we might see in the stated area. Next up, we must get into those actionable recommendations made available by the solution. In simpler terms, this detail translates to the dashboard’s commitment towards generating tailored recommendations for suppliers, recommendations that will be attached to stuff like, let’s say, sourcing of renewable energy based on input from customer sustainability or procurement teams. Once generated, this intelligence can empower high-impact reductions up and down the supply chain.
“Addressing Scope 3 emissions is critical for companies committed to sustainability, yet it has been a near-impossible task for many until now,” said Lauren Sallata, Chief Marketing Officer at Ricoh North America. “Ricoh’s Sustainability Services Dashboard empowers our customers to measure, understand, and reduce emissions, establishing a baseline to transition to more sustainable services while meeting increasing regulatory and compliance demands.”
Rounding up highlights for is a facility dedicated towards data visualization and reporting. Here, you can leverage the solution intuitive and customizable tools to simplify the process of tracking progress, communicating achievements, and engaging stakeholders.
The development in question delivers a rather interesting follow-up to Ricoh’s recent recognition as a 2024 ENERGY STAR® Partner of the Year for Sustained Excellence, which it got from the U.S. Environmental Protection Agency (EPA). Not just that, the company was also, not long ago, named a leader in the IDC MarketScape for Worldwide Sustainability Programs and Services Hardcopy 2023 Vendor Assessment.
“The first step to decarbonization for any business is a deep understanding of their carbon footprint, including the emissions from their supply chain,” said Jessica Shalek, Head of Climate Advisory at Watershed. “We applaud Ricoh for putting supply chain data directly in the hands of their customers — making it simpler for those companies to form a full picture of their Scope 1-3 emissions and take actions to reduce them.”