Industry Report
changes throughout their operations. For Epson this includes the significant progress made in 2020 towards aligning our business activities to the United Nation’s Sustainable Development Goals (SDGs). Integrated into our mid- and long-term plans, they are guiding us and are setting the direction for all our sustainability actions.
Environmental plans We also recently set out our plans in our Environmental Vision 2050 statement. It includes our commitment to becoming carbon negative and underground resource free by 2050.
Yoshiro Nagafusa is the new president of Epson Europe
We will achieve this by reducing the environmental impact of products and services. In supply chains we will deliver sustainability in a circular economy by advancing the frontiers of industry through creative, open innovation, and contributing to international environmental initiatives.
And, by 2023, we are planning for all of Epson’s worldwide group sites to meet their electricity needs from 100% renewable energy. This is something we are already achieving in the UK. These aims follow a number of exciting achievements we are very proud of, such as our EcoVadis Platinum rating for
Epson 25 Renewed and Environmental Vision 2050 Epson recently announced Epson 25 Renewed, a new corporate vision to drive the company towards its goals of achieving sustainability and enriching communities. Epson’s strong sustainability commitments and achievements already see it ranking in the top 10 of all companies measured
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by industry intelligence provider IDC’s sustainability framework, rating higher than average across all indexes measured. Epson’s revised Environmental Vision 2050 reinforces these goals, as the company seeks to become carbon negative and underground resource free by 2050 through a program of decarbonisation, closing resource loops, customer environmental impact mitigation and the development of innovative environmental technologies. Daniel Quelch, sustainability manager at Epson UK, added: “The new Environmental Vision 2050 and our new membership of the RE100 are landmark moments for our company. This renewed vision is a testament to where we as a company have come so far, and where we still want to go by establishing ambitious
sustainability that places us in the top 1% of companies in our industry. It confirms we meet the highest standards for human rights, labour conditions, environment, ethics and sustainable procurement. We have also saved a potential 1.1 million tonnes of plastic-based consumables through the sale of over 50 million cartridge-free EcoTank printers and recycled 23,700 tonnes of material including batteries, paper, wood, plastic and waste electrical equipment. As we enter an extended period of recovery, it is clear accountable and transparent sustainable choices will be vital to business success.
and measurable goals. I am inspired by the commitment of Epson employees across Europe to delivering on this vision, and I have absolute confidence in our ability to achieve it together.”
RE100
Epson announced on April 15 that it will join the RE100, a global collective of large and influential businesses committed to 100% renewable energy. Epson is fast progressing towards this goal, announcing on March 26 that all sites in the Nagano Prefecture would transition to 100% renewable electricity by April 1, 2021. This news follows the March 16 announcement made by Epson that all of its worldwide group sites will meet their electricity needs from 100% renewable energy sources by 2023.
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