Epson's Path To Community Enrichment And Sustainability Through Efficient, Compact And Precise Innovation [Forbes]
SEIKO EPSON CORP UNSP/ADR (SEKEY)
NASDAQ:AMEX Investor Relations:
global.epson.com/ir
Company Research
Source: Forbes
In 2021, the company revised the plan and announced its goals of becoming carbon negative and eliminating the use of non-renewable underground resources like petroleum or metal ores by 2050. Then, in 2023, it succeeded in converting all its worldwide operations to 100% renewable electricity. Epson was also the first Japanese manufacturer in the RE100 initiative to achieve zero CO emissions from energy sources. These successes are impressive, but how did the global printing leader achieve them? One way was focusing on local characteristics. “We optimized our plans to adopt renewable electricity according to local conditions. For example, in Indonesia, we use biomass generators powered by waste from ethically sourced palm oil, while in the Philippines, we generate our own electricity using mega-solar plants,” says Epson's Global President Yasunori Ogawa. Although these mark only a few steps on the long path to the goals set out in Environmental Vision 2050, Epson remains committed t
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