Fri, May

Epson chief reaffirms company's commitment to decarbonisation

Epson has reaffirmed its commitment to decarbonisation as the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25) gets underway in Madrid, Spain.
Speaking in support of COP25, where the focus is on solutions to climate change, Epson president Minoru Usui said: “Climate change is a serious issue facing our planet and Epson is doing its utmost to address this issue. We are combating climate change by reducing greenhouse gas emissions in production and across our value chain to help drive a transformation toward a decarbonised future. We have set targets for reducing GHG emissions in our own business activities and across the value chain to achieve the Paris agreement. These targets have been approved by the Science Based Targets initiative (SBTi) as being consistent with climate change science. I am happy to report that Epson is well on its way to achieving these targets.” Henning Ohlsson, director of CSR, Epson Europe, added: “It is no longer responsible or acceptable to wait and see or treat climate change as a normal issue. We all must commit, encourage others, friends and families; lead change by example and drive climate action. In business as well as in private life.” Epson set targets for reducing its scope 1 and scope 2 greenhouse gas (GHG) emissions by 19% between 2017 and 2025. In the 2018 fiscal year ended March 2019, Epson made large strides toward achieving the target with a 15% reduction in its GHG emissions. Going forward, the company plans to achieve its target through energy-saving initiatives focused primarily on production innovations and the use of renewable electricity.

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