Seiko Epson Corporation (Epson) has been named to the prestigious A List for both climate change and water security by international environmental non-profit CDP, which evaluates companies’ environmental activities.
Epson believes it was recognised for having analysed risks and opportunities based on TCFD1 recommendations as well as for having driven steady progress in its initiatives, including implementing a programme to transition to 100% renewable electricity at Epson Group sites around the globe.
CDP evaluates companies’ environmental activities on behalf of more than 740 institutional investors worldwide with a combined US$136 trillion (€126 trillion) in assets. The results of the questionnaires are also used to assess companies in terms of environmental performance for the world’s leading socially responsible investment (SRI) indexes used by ESG investors.
Of the more than 23,000 companies that disclosed through CDP, less than 2% made the A list. Epson was one of a small number of companies to receive an A in two categories.
In addition to being an important statement to institutional investors making ESG investment decisions, Epson believes that this prestigious listing sends a powerful message to customers looking for products and services that reduce their environmental footprint, as well as to business partners and other stakeholders.
