Epson commits to become carbon negative and underground resource free by 2050

Newly appointed Epson Europe President Yoshiro Nagafusa welcomes Epson’s sustainability-focused vision for the future

Epson commits to become carbon negative and underground resource free by 2050

Europe, 9 June 2021– Global technology firm Epson has set out its sustainability-focused vision for the future, which includes a commitment to reducing its carbon emissions in line with the 1.5℃ scenario by 2030. The company will join the RE100, a global collective of businesses committed to 100% renewable electricity and aims to achieve this milestone by 2023. Epson has also committed to become carbon negative and underground-resource free by 2050 and will report regularly on its global progress towards this goal.

New Epson Europe President Yoshiro Nagafusa

Yoshiro Nagafusa, who was appointed President of Epson Europe on April 1 of this year, comments on this commitment: “ At Epson, we aspire to operate and develop technologies in ways that can help to support society with the evolving issues it faces, and there are few more important matters than climate change. I am particularly proud to take on this leadership role for Epson Europe as we enter a new phase for the company. I look forward to leading our European operations as we work to reduce the impact Epson products and services and supply chains have on the environment.”

Prior to his appointment as president, Mr Nagafusa was Senior Vice President for Epson Europe with responsibility for optimising infrastructure and sales operations in the organisation’s CISMEA region. Mr Nagafusa has held a number of senior positions at Epson both in Europe and globally in more than 30 years with the company.

Epson 25 Renewed and Environmental Vision 2050

Epson recently announced Epson 25 Renewed, a new corporate vision to drive the company towards its goals of achieving sustainability and enriching communities. Epson’s strong sustainability commitments and achievements already see it ranking in the top ten of all companies measured by industry intelligence provider IDC’s sustainability framework, rating higher than average across all indexes measured. Epson’s revised Environmental Vision 2050 reinforces these goals, as the company seeks to become carbon negative and underground resource free by 2050 through a program of decarbonisation, closing resource loops, customer environmental impact mitigation and the development of innovative environmental technologies.

Daniel Quelch, Sustainability Manager at Epson UK, adds: “The new Environmental Vision 2050 and our new membership of the RE100 are landmark moments for our company. This renewed vision is a testament to where we as a company have come so far, and where we still want to go by establishing ambitious and measurable goals. I am inspired by the commitment of Epson employees across Europe to delivering on this vision, and I have absolute confidence in our ability to achieve it together.”

RE100

Epson announced on April 15 that it will join the RE100, a global collective of large and influential businesses committed to 100% renewable energy. Epson is fast progressing towards this goal, announcing on March 26, 2021 that all sites in the Nagano Prefecture would transition to 100% renewable electricity by April 1, 2021. This news follows the March 16 announcement made by Epson that all of its worldwide group sites will meet their electricity needs from 100% renewable energy sources by 2023.

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About Epson

Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050. Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.

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