Epson On CDP A List For Tackling Climate Change
TOKYO, Japan, December, 2022 - Seiko Epson Corporation has been placed on the prestigious A List for climate change by international environmental non-profit CDP, which evaluates companies' environmental activities.
CDP evaluates companies' environmental activities on behalf of more than 680 institutional investors worldwide with a combined US$130 trillion in assets.
The results of the questionnaires are also used to assess companies in terms of environmental performance for the world's leading socially responsible investment (SRI) indexes used by ESG investors.
Out of the more than 10,000 companies that were evaluated, Epson was one of a small number to receive an A listing, an acknowledgment that Epson is a leader in sustainability.
In addition to being an important statement to institutional investors making ESG investment decisions, Epson believes that this prestigious listing sends a powerful message to customers looking for environmentally conscious products and services, as well as to business partners and other stakeholders.
About CDP
CDP is an organization that answers the demands of worldwide institutional investors and major purchasers by researching and evaluating corporations' environmental disclosures, and its annual environmental disclosure and scoring process is widely recognized as the global standard of corporate environmental transparency.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
Epson fully understands the importance of the environmental actions and decision-making transparency demanded by CDP and is making continuous efforts to decrease the environmental burden in line with its long-term policy.
About Epson
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world.
The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle.
Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion
