Epson Corporation has achieved a significant sustainability milestone by switching to 100% renewable electricity for all 14 of its owned sites in Japan as of 2021. This achievement emphasizes Epson’s dedication to environmental sustainability and sets a global benchmark for the manufacturing sector, which accounts for about a third of the world’s energy consumption.
Epson has shown that transitioning to 100% renewable electricity is feasible even for energy-intensive industries. The company has leveraged local renewable resources, particularly hydroelectric power in regions like Nagano Prefecture and Tohoku, to ensure energy self-sufficiency and support local economies.
Building on its success in Japan, Epson aims to extend its commitment globally, planning to achieve 100% renewable electricity for all operations worldwide by the end of 2023. Collaborating with local governments and energy companies, Epson supports the development of renewable energy infrastructure, such as its partnership with Nagano Prefecture and Chubu Electric Power Miraiz Company to expand hydroelectric power plants.
Epson’s strategy includes sourcing renewable electricity from local suppliers and generating power on-site through solar panels and other technologies, reducing dependency on fossil fuels and mitigating energy market risks. The company’s efforts also address Scope 2 and Scope 3 greenhouse gas emissions, emphasizing holistic environmental responsibility in the supply chain.
Epson’s transition serves as a model for other manufacturers, proving that sustainable practices can be economically viable and environmentally beneficial. Junichi Watanabe, Managing Executive Officer, highlighted the broader implications: “Our commitment to renewable energy is not just about reducing our carbon footprint; it’s about leading the industry towards a sustainable future.”
As the manufacturing industry evolves, Epson’s achievements demonstrate the potential for businesses to significantly contribute to global sustainability goals, setting new standards for corporate responsibility and environmental initiatives.
