Epson Awarded Third Successive EcoVadis Platinum Rating

Seiko Epson Corporation has earned its third successive platinum rating for sustainability from EcoVadis, a leading provider of business sustainability ratings. This is in recognition of the company’s global efforts to uphold the highest standards on the environment, labour and human rights, ethics and sustainable procurement, and highlights Epson’s commitment and actions on sustainability.

The platinum rating ranks Epson in the top 1% of companies in its industry, particularly excelling in the fields of the environment as well as sustainable procurement.

EcoVadis is a recognized business sustainability ratings organization covering 200 industry categories, 175 countries and regions, and more than 90,000 companies of all sizes worldwide. Epson’s latest platinum rating reflects its ongoing commitment and notable improvements towards sustainable growth in the past year.

This platinum certification follows Epson’s ongoing implementation of measurable initiatives to help identify and resolve societal and environmental issues. Epson made strides towards this goal by switching to 100% renewable electricity last year at all major sites in Japan, becoming the first  manufacturer to do so, among Japanese companies that have joined the RE100 per Epson research as of Oct 27, 2021, and is now working to do the same at all group sites globally by 2023, excluding leased properties of some sales sites, etc.

As a leading technology company, Epson is committed to helping customers reduce their environmental impact, leading the way by engineering innovative solutions. These include heat-free technology, energy efficient printing technologies and PaperLab, which turns wastepaper into new paper in a virtually water-free process. All of this helps to achieve circular, sustainable and net-zero operations.

With an increased focus on supply chain sustainability and net-zero goals, EcoVadis’ independently verified tool assesses companies’ performance in terms of how they have integrated the principles of sustainability into businesses and management systems.

“Our company is focused on achieving sustainability through our products, technologies and operations,” said Yasunori Ogawa, global president at Epson. “This third consecutive platinum accreditation is the result of a lot of hard work, and highlights the steadfast commitment and actions by the entire Epson team as we seek to achieve a sustainable future.

“The rating shows that in addition to being a leader in our industry for product excellence and innovation, we’re also at the forefront when it comes to making our industry more sustainable,” added Ogawa. “In line with our Environmental Vision of becoming carbon negative by 2050, we will continue to challenge ourselves to perform to the highest standards for sustainable practices, both as an organisation and a member of the wider global community.”

Epson is committed to becoming carbon negative and underground-resource free by 2050 and has made a number of measurable commitments related to sustainability and community impact.