NEWS
Epson Europe releases 2023/24 Sustainability Report
Epson is harnessing its technology to innovate practical, scalable solutions to address the most pressing environmental challenges the world faces, according to its 2023/24 European Sustainability/ESG (Environmental, Social, and Governance) Report . It also outlines the advances the company has made in the past year towards realising its 2050 goal of becoming carbon- negative and underground resource free. “As a Japanese company, we have a profoundly deep-rooted respect for nature and sustainable practices,” said Takanori Inaho, president at Epson Europe. “We have always been guided by the principle of Sho Sho Sei, which represents the commitment to continuous improvement behind the development of our world-leading compact, efficient, precise product technology. “Our latest ESG Report emphasises how we are applying this same, meticulous care and thought into how our proprietary technologies can be developed to contribute to practical, scalable climate solutions. We fully recognise our responsibility to mitigate the impact we have on the planet, and we’re deeply committed to finding ways for our pioneering technology to be used creatively to solve some of the most urgent environmental issues confronting the world.” The report sets out Epson’s key achievements in executing its European ESG strategy, which is focused on four core pillars. Decarbonisation: In the past year, Epson has made tangible progress in advancing its decarbonisation goals. Business travel emissions have been reduced by 19% and customer deliveries from its Asian factories have been optimised, potentially cutting future CO2 emissions by 10-50% per container. The company has announced plans for construction of a biomass plant in Japan, which will harness energy from organic waste, thereby reducing its reliance on fossil fuels. In parallel, Epson has been developing carbon capture technology to mitigate its residual CO2 emissions. Advancing the frontiers of industry: Epson continues to develop its technology in groundbreaking ways to tackle wider societal sustainability challenges. Building on its Dry Fiber Technology (DFT), initially used for paper recycling, the company has partnered with the Hong Kong Research Institute of Textiles and Apparel, to extend DFT technology to
separate tightly woven fabric fibres that cannot currently be separated for recycling. This expands DFTs role in addressing circular economy challenges. Epson also partnered with Japanese designer, Yuima Nakazato and Spiber Inc, the biotech company behind Brewed Protein™, a synthetic protein fibre made through fermentation. Nakazato’s latest Paris Fashion Week collection utilised Epson advanced pigment inkjet printing on Brewed Protein, which is not possible with traditional analogue printing. This breakthrough expands creative possibilities for designers to adopt more sustainable fashion practices. Fulfilling social responsibility: outside of its core business activity, Epson is deeply committed to operating ethically and responsibly within society. The company has reinforced its commitment to diversity, equity, and inclusion (DE&I), implementing comprehensive face-to-face manager DE&I training and a company-wide e-learning initiative. Epson’s Indonesian factories were once again awarded Responsible Business Alliance Platinum status for ethical labour practices, environmental stewardship and corporate social responsibility in its global supply chain. Strengthening its governance: Epson has received renewed certification from certified body, Bureau Veritas for the alignment of its business activities to the Sustainable Development Goals (SDGs). As a trailblazer in this field, Epson was the first technology company to receive certified recognition for integrating the SDGs into its operations. Boris Manev, sustainability director, Epson Europe B.V. explained: “We have a clear vision: to pioneer sustainable innovation and set new standards in environmental responsibility. We believe that sustainability and business success are not mutually exclusive, and we’re demonstrating this through groundbreaking initiatives such as advancing textile recycling and collaborating with fashion industry leaders to innovate more sustainable solutions. Our investments in carbon capture and renewable energy, including the development of a new biomass plant, are key milestones on our journey towards a carbon-negative future. These initiatives reflect our deep commitment to protecting the planet for future generations."
Mr. Takanori Inaho president Epson Europe BV
epson.co.uk
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The report sets out Epson’s key achievements in executing its European ESG strategy, which is focused on four core pillars.
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