Seiko Epson Corporation has become the first company in the Japanese manufacturing industry to convert to 100 percent renewable electricity for all of its domestic sites – reducing its annual carbon dioxide emissions by about 250,000 tonnes. The company plans to invest 100 billion yen on decarbonisation and environmental technology over the next 10 years. A company release said, EPSON had planned to convert to renewable electricity at all its domestic sites by the end of the 2021 fiscal year (ending March 2022) but will achieve this ahead of schedule, meeting a milestone on the path to transitioning to 100 percent renewable electricity for the entire Group’s power needs.
In March 2021, describing climate change as ‘a serious corporate risk’ EPSON announced that all of its global manufacturing sites would be converted to 100 percent renewable electricity in two years, enabling the company to eliminate approximately 350,000 tonnes of carbon dioxide arising from its global electricity production every year. As stated in Epson’s Environmental Vision 2050, EPSON seeks to become carbon negative and underground resource free.
