Ricoh was ranked 72 in the Global 100 Most Sustainable Corporations in the World list, which was compiled by Toronto-based media company and sustainability research specialists Global Currents, Inflection Point Capital Management, and Phoenix Global Advisors.

The list was presented at the World Economic Forum in Davos, Switzerland.

World Environment Center president and chief executive Dr Terry F Yosie said: "Global recognition is well-deserved for Ricoh, with the company going beyond legal obligations by proactively looking for ways to reduce its impact on the environment and promote biodiversity through innovative business services."

Ricoh UK head of corporate responsibility James Deacon said: "In 2005, we set tough targets to reduce our environmental impact and we're well on the way to reducing our CO2 emissions by 87.5% by 2050"

"At the same time, we’re committed to helping our clients reduce their environmental impacts through our sustainable consultancy service, which reduces the costs of managing document processes at the same time as minimising associated environmental impacts."