Epson hits 100% renewable electricity target in Europe

by | Nov 30, 2023 | 0 comments

Epson announced it has met its 100% renewable electricity target across Europe, with a global achievement expected by the end of 2023.

With the release of its 2022/2023 European Sustainability Report, Epson sets out its Environmental Vision, with a pledge to become carbon-negative and underground resource-free by 2050.

The report further highlights the company’s progress towards this goal and how it’s driving transformational change through four core areas: decarbonisation, advancing the frontiers of industry, fulfilling its social responsibility and strengthening its governance.

Other key achievements highlighted include:

  • GHG emissions reduction: Between FY17 and FY22, Epson has made significant strides, reducing natural gas consumption and emissions in European offices by 51%.
  • Decarbonisation in our offices: The German head office has relocated to a new building in Düsseldorf, where the energy consumption is 75% lower per m 2than in its previous office.
  • Diversity, equity and inclusion: Epson has further strengthened and continues to improve its commitment to DE&I by establishing its strategy for the development of its DE&I goals, metrics and governance.

Yoshiro Nagafusa, President at Epson Europe B.V, asserts Epson’s commitment to a ‘less is more’ approach: “For us, our philosophy of ‘efficient, compact and precise’ is more than just a technological concept. It’s an approach to reducing environmental impacts, enriching the environment and lives by eliminating waste and making things smaller, more efficient and more precise.”

From the shores of Lake Suwa in Japan over 80 years ago, Epson grew surrounded by natural beauty, and its determination to exist in harmony with nature continues to this day. President Nagafusa expresses this in the report: “Embedded in our Japanese culture is the need to conserve the planet’s precious resources, honouring our founder’s pledge to protect our environment, strive for sustainability and improve the quality of life, worldwide.”

Henning Ohlsson, Sustainability Director, Epson Europe B.V, offers perspective on the relevance of the SDGs: “The world has faced an onslaught of significant challenges and national priorities have naturally taken precedence over global solutions. Critics suggest the SDGs are a vision of a perfect world rather than something realistically achievable.

“We believe, however, that despite all the challenges, the SDGs continue to have purpose. They’re an accessible, understandable set of targets that individuals, organisations and governments can congregate around to work towards common goals for the future of people and the planet.”

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