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Epson placed on CDP A List for tackling climate change and protecting water security

Announcement posted by Epson Australia 27 Feb 2024

Epson has been placed on the A list for its achievements in tackling climate change and water security by CDP, the international environmental organisation.
 
CDP is an independent not-for-profit charity that runs the global environmental disclosure system. Each year, it encourages companies to measure and manage their risks and opportunities related to climate change, water security and deforestation.

 

CDP does this at the request of investors, purchasers, and city stakeholders - who use the information to make decisions about the companies they choose to invest in.

 

Epson believes it was recognised for delivering on its range of carbon-reduction measures following the establishment of a task force on climate-related financial disclosures.  

 

Recent initiatives include implementing and completing a programme to transition to 100% renewable electricity at Epson Group sites around the globe1.

 

Receiving a CDP 'A' in two of the categories - climate change and water security - sends a powerful message to Epson's customers, business partners and investors. It shows how Epson is deeply committed to achieving carbon negative in all its global operations.

 

The latest CDP A rating provides further evidence that Epson is serious about tackling climate change and preparing its business for the future.

 

CDP evaluates companies' environmental activities on behalf of more than 740 institutional investors worldwide with a combined US$136 trillion in assets. The results of the questionnaires are used to assess companies in terms of environmental performance for the world's leading socially responsible investment (SRI) indexes used by ESG investors.

 

Of over 23,000 companies that disclosed information 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, an acknowledgment that Epson is a leader in sustainability. 

 

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.

 

More on Epson's environmental initiatives here: https://corporate.epson/en/sustainability 

 

News release about the transition to 100% renewable electricity at all group sites worldwide here: https://corporate.epson/en/news/2024/240109.html 


More about CDP here: https://www.cdp.net/en 


Information about the 2023 A List companies, evaluation methodology, and evaluation criteria is available here: https://www.cdp.net/en/companies/companies-scores 


Picture credit
CDP A list logo
 

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1Excludes some sales sites and leased properties where the amount of electricity consumed cannot be determined.
 

Ends
About Epson, Epson Australia and Epson New Zealand
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to 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 more than JPY 1 trillion.
https://corporate.epson/en/https://corporate.epson/en 

 

Epson Australia offers an extensive array of award-winning image capture and image output products for the commercial, industrial, consumer, business, photography and graphic arts markets, and is also a leading supplier of value-added point-of-sale (POS) solutions for the retail market. Epson is the market leader in Australia and worldwide in sales of projectors for the home, office and education. Established in 1983 Epson Australia is headquartered in Macquarie Park, NSW and is a subsidiary of the Epson Group headquartered in Japan.
www.epson.com.au 

Epson New Zealand offers an extensive array of award-winning image capture and image output products for the commercial, industrial, consumer, business, photography and graphic arts markets, and is also a leading supplier of value-added point-of-sale (POS) solutions for the retail market. Epson is a market leader in New Zealand, Australia and worldwide in sales of projectors for the home, office and education. Epson New Zealand is headquartered in Auckland and is a branch of Epson Australia Pty Limited, a subsidiary of the Epson Group headquartered in Japan.
www.epson.co.nz