Epson – 100% renewable electricity by ’23

Epson Japan electricity 100% renewable by end-March 2021

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Epson Thailand with rooftop solar
Rooftop solar power generation system at Epson manufacturing plant in Thailand Photo: Epson

On 16 March 2021, Seiko Epson Corporation announced that its worldwide Group sites*1 will meet their electricity needs from 100% renewable energy sources (renewable electricity) by 2023. With growing global interest in societal issues such as the environment and energy, Epson established its Environmental Vision 2050 to express its commitment to environmental management and subsequently rolled out various measures to achieve this. 

The Paris Agreement subsequently established decarbonization targets, and Epson created a scenario to achieve by FY2025 science-based targets (SBT*2) to achieve these goals. This scenario included using renewable electricity as a primary theme, and Epson made plans and implemented measures to expand its use over the long term. The company has established its policy to accelerate its plans to become a leading environmental company. The company believes that climate change represents a serious corporate risk and that Epson must play a greater role in mitigating that risk as it rolls out its business worldwide.

Sites using 100% renewable electricity – Progress to date

Before April 2020, manufacturing sites (UK, USA (Portland))

European sales headquarters (France, Germany, Italy, Netherlands, Spain); April 2020, three Japanese sites including head office and the printer R&D center; All European sales headquarters (including the UK); and, January 2021 Manufacturing plant (Philippines)

Plans

End of March 2021All Japanese sites*1; and, 2023 All sites worldwide*1

As a result of these plans, Epson has calculated it can reduce emissions of CO2 by 36,000 tonnes annually to zero by using 100% renewable electricity at all sites worldwide by 2023. Epson global president Yasunori Ogawa said, “It’s imperative that we address the global issue of climate change. Our company has been proactive about environmental issues from day one when our founders expressed their desire that we should protect the lake next to our company headquarters. And what’s more, we have always strongly believed in contributing to solving global environmental issues, for example, when we were the first company in the world to declare our commitment to eliminating CFCs from our operations worldwide. Going forward, we will steadily advance measures to use 100% renewable electricity. In this and other environmental activities, we will continue to pursue high targets and aggressively drive forward to achieve our goals.”

Monozukuri

Dedicated to the Japanese philosophy of ‘monozukuri’ (the art and science of manufacturing), Epson’s products and services are based on unique, efficient, compact, and precision technologies that mitigate the environmental impacts of Epson’s products and services, and at all stages of the supply chain. Epson plans to provide new customer value through open and unique innovations that offer both environment and economy.

*1: “All sites” referenced in this release excludes leased properties for sales offices, etc., where the amount of electricity cannot be determined.

*2: Scope 1 and 2 call for a 19% reduction in emissions by FY2025 against a benchmark of 2017.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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