Epson
Epson, officially known as Seiko Epson Corporation, is a leading global manufacturer headquartered in Japan. Established in 1942, the company has evolved significantly, becoming a key player in the imaging and printing industry. With major operational regions across Asia, Europe, and the Americas, Epson is renowned for its innovative technology in printers, projectors, and industrial solutions. Epson's core products include inkjet printers, laser printers, and large-format printing solutions, distinguished by their precision and eco-friendly features. The company has achieved notable milestones, such as pioneering the development of micro piezo technology, which enhances print quality and efficiency. As a market leader, Epson continues to set benchmarks in sustainability and performance, solidifying its position as a trusted name in the printing and imaging sector.
DitchCarbon Score
How does Epson's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Epson's score of 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Epson's reported carbon emissions
In 2022, Seiko Epson Corporation reported significant carbon emissions, totalling approximately 2,749,000,000 kg CO2e. This figure includes Scope 1 emissions of about 124,929,000 kg CO2e, Scope 2 emissions of approximately 345,151,000 kg CO2e (market-based), and Scope 3 emissions amounting to around 2,278,920,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 34% reduction in absolute Scope 1 and 2 emissions by FY2025 from a FY2017 baseline. Additionally, Epson aims to cut Scope 3 emissions from purchased goods and services and the use of sold products by 44% within the same timeframe. Looking towards the future, Epson has pledged to achieve net-zero emissions across its entire value chain by FY2050. This long-term commitment includes a target to reduce absolute Scope 1, 2, and 3 emissions by 90% by FY2050, aligning with the 1.5°C climate scenario. The company is also focused on becoming carbon negative and resource-free by 2050. Epson's climate initiatives are supported by its participation in the Science Based Targets initiative (SBTi), which validates its reduction targets. The company has made strides in reducing emissions, including a reported 19% decrease in business travel emissions in FY2023 compared to FY2022. Overall, Epson's comprehensive approach to sustainability reflects its commitment to addressing climate change and reducing its environmental impact.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 116,061,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 441,331,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Epson is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
