Seiko Epson Corporation (Epson) announced that Epson was awarded a AAA rating, the highest rating in the MSCI ESG Ratings in 2024 for the first time.
MSCI ESG Ratings is a global ESG investment index provided by MSCI. MSCI researches and analyses a company’s response to ESG-related risks and opportunities and assigns one of seven ratings ranging from AAA at the top to CCC at the bottom.
Epson believes its first AAA rating is due to its commitment to meeting internationally recognised standards of CSR procurement and to the enhancement of its governance organisation and human capital development systems in 2023.
Epson has been selected as a constituent of the MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index (WIN), as well as all other ESG indices covering Japanese equities adopted by the Government Pension Investment Fund (GPIF).
Epson has identified four material issues that it can and should address-achieving sustainability in a circular economy, advancing the frontiers of industry, improving the quality of life, and fulfilling our social responsibility-and is working in line with a value creation story that depicts how it will solve societal issues and provide value.
The Epson Group purpose statement is “Our philosophy of efficient, compact and precise innovation enriches lives and helps create a better world.” Epson added: “To fulfil our purpose in society, we will continue to evolve our sustainability management initiatives that both resolve societal issues and drive corporate growth.”
