Epson has earned its third successive platinum rating for sustainability from EcoVadis, a leading provider of business sustainability ratings, placing it in the top 1% of companies in its industry.
The award recognises the company’s global efforts to uphold the highest standards on the environment, labour and human rights, ethics, and sustainable procurement.
The platinum rating puts Epson in the top 1% of companies in its industry, especially excelling in the fields of the environment and sustainable procurement.
EcoVadis rates organisation covering 200 industry categories across 175 countries and regions, and more than 90,000 companies of all sizes worldwide.
The independently verified tool assesses companies’ on how they have integrated the principles of sustainable business practices into their 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.
“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’s vision for sustainability includes a commitment to reducing its carbon emissions in line with the 1.5 °C goal by 2030 which has been approved by the Science-Based Targets initiative (SBTi) as being consistent with climate change science.
In 2021, Epson joined RE100, a global collective of businesses committed to relying on 100% renewable electricity. Last year, the multinational made strides towards this by switching completely to renewable electricity across all major sites in Japan. It is now working to achieve the same across all group sites globally by 2023.
The printing giant says that they are committed to helping customers reduce their environmental impact. Earlier this year, the company collaborated with National Geographic to produce a paper entitled ‘Turn Down the Heat’ discussing the importance of energy-efficient appliances and the impact they can have on climate change.
Other ratings recently provided by EcoVadis include Samsung Biologics, the food & beverage industry, VMWare, and Ring Container Technologies.