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News release

Ricoh expresses support for the Path to Climate Sustainability

Ricoh Expresses Support for Joint Statement by the Global Roundtable on Climate Change (GROCC)

Ricoh Co., Ltd. (president and CEO Masamitsu Sakurai), supports a joint statement drafted by the Global Roundtable on Climate Change (GROCC)1 and has added its name to the list of signatories.

The joint statement titled "The Path to Climate Sustainability" was drafted by the Intergovernmental Panel on Climate Change (IPCC)2, based on scientific data such as the Fourth Assessment Report: Climate Change 2007. The statement, from the perspectives of global environmental conservation and economic rationality, stresses the need for the world's governments, companies, and civil societies to more aggressively address the reduction of CO2 emissions.

Ricoh supports the statement with the understanding that it is essential for all governments and companies to recognize climate change in their policies and that the statement will help form an international consensus about the urgency and importance of introducing practical measures to prevent global warming while building of sustainable energy systems.

Summary of the Joint Statement

  • The world's governments should set scientifically informed targets, including an ambitious but achievable mid-century target for global CO2 concentrations, for "stabilization of greenhouse gas(GHG) concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system," in accordance with the stated object of the United Nations Framework Convention on Climate Change (UNFCCC).
  • All countries should be party to this accord, which should include specific near- and long-term commitments for action in pursuit of the agreed targets. Commitments for actions by individual countries should reflect differences in levels of economic development and GHG emissions patterns.
  • Clear, efficient mechanisms should be established to place a market price on carbon emissions that is reasonably consistent worldwide and across sectors in order to suppress CO2 emissions and promote technological innovations in this area.
  • The world's governments should address energy efficiency and de-carbonization in all sectors, allow businesses to choose among a range of options as they strive to minimize GHG emissions and costs, and promote these efforts.
  • Governments, the private sector, and other sectors of civil society should undertake efforts to prepare for and adapt to the impacts of climate change since climate change will occur even in the context of highly effective mitigation efforts.

1. The Global Roundtable on Climate Change (GROCC)
GROCC was launched in 2005 with The Earth Institute at Columbia University as its executive office. The Roundtable aims to promote international activities for the prevention of global warming. More than 150 international organizations, central and local governments, research institutes, universities, NPOs, and international enterprises, participate in GROCC. These parties work together to develop an improved global consensus regarding the danger of anthropogenic climate change, and mitigation and measures for climate change while considering the need to maintain economic growth and human development around the world. One result of its activities is the joint statement.
For more information on GROCC, please access: http://www.earthinstitute.columbia.edu/grocc/

2. The Intergovernmental Panel on Climate Change (IPCC)
IPCC was established in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP), with the aim of carrying out a comprehensive assessment, from scientific, technological, socio-economic perspectives, of anthropogenic climate change, its impacts, adaptation to climate change, and mitigation efforts. Following the Third Assessment Report: Climate Change 2001, the Fourth Assessment Report: Climate Change 2007 will be released in three parts from February to May 2007.

 

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