Agrobank appoints Ricoh Malaysia a ‘trusted green partner’

  • Agrobank’s ‘transformational infrastructure change’ involves 160 out of 190 branches
  • To reduce electricity use, minimise carbon dioxide emissions, raise green awareness
Agrobank appoints Ricoh Malaysia a ‘trusted green partner’

OFFICE and business solutions provider Ricoh (Malaysia) Sdn Bhd said it has signed a five-year ‘green’ partnership with Malaysian government-owned bank Agrobank. Financial terms were not disclosed.
Together with Ricoh Malaysia, Agrobank will undergo a ‘transformational infrastructure change’ encompassing 160 branches (out of 190 branches) across Malaysia, with a goal to reduce electricity use, minimise carbon dioxide emissions, raise green awareness among employees, and potentially move into a paper-less environment, Ricoh Malaysia said in a statement.
“Agrobank is always exploring ways to reduce costs and increase efficiencies in our business operations,” said Agrobank chief operating officer Mad Yusof Yazid.
“With an established partner such as Ricoh furnishing us with innovative green technology, including green document solutions, Agrobank can have cost savings of up to 50%.
“… contrary to popular belief, adopting environmental sustainability habits will not pose as a hindrance for a company. A change required for any corporate player should start at one’s workplace – and with Ricoh, we have the added benefit to do so, while going green,” he added.
Under its Managed Document Services (MDS), Ricoh Malaysia will furnish Agrobank with green products, rightsizing equipment, change management activities, implement green KPIs (key performance indicators) for monitoring and management, as well as provide continuous improvement consultation.
“Our partnership with Agrobank is a wonderful extension of Ricoh’s sustainable beliefs and corporate values,” said Ricoh Malaysia managing director Peter Wee.
Ricoh was selected recently for the FTSE4Good Index Series, the UK-based FTSE Group’s social responsibility investment index, for 11 consecutive years.
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