Epson has reaffirmed its commitment to decarbonization (reducing greenhouse gas emissions) in advance of the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25) to be held in Madrid, Spain from December 2 to 13, 2019.
Society expects companies to be a driving force in mitigating the effects of climate change and achieving sustainability. Epson believes that its innovations can play a major role in achieving the Sustainable Development Goals (SDGs) of the United Nations.
Speaking in support of COP25, where the focus is on solutions to climate change, Epson global president Minoru Usui commented, “Political and economic uncertainties are increasing, and the world is facing challenging times. I strongly believe that Epson’s role is to help achieve global sustainability and to make the world a better place. In addition to our eco-conscious products and heat-free inkjet technology, we are combating climate change by reducing greenhouse gas emissions in production and across our value chain to help drive a transformation toward a decarbonized future. Climate change is a serious issue facing our planet and Epson is doing its utmost to address this issue. 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.”
Epson set targets for reducing, by 2025, its scope 1 and scope 2 greenhouse gas (GHG) emissions by 19% compared to FY2017. 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.