Materiality and Sustainable Development Goals (SDGs)
Epson comprehensively identified social responsibility topics by referencing ISO 26000 and other sources for guidance. We evaluated the topics from both a company perspective and a social perspective. Those of the highest priority were mapped in a materiality matrix (“Key CSR Theme Matrix”). In 2019, to coincide with the consideration and establishment of the Epson 25 Phase 2 Mid-Range Business Plan, we reorganized the 16 highest-priority CSR themes into six materialities.
We analyzed these topics against the SDGs to select SDGs that align with our strategies.
Identifying Key CSR Themes
- Direction of company management
- Management Philosophy
- Principles of Corporate Behavior
- Corporate Vision Epson 25
- Mid-term Business Plan
- Environment Vision 2050
- General social trends
- Global Japan
- White Paper Information and Communications in Japan 2016
- Electrical & Electronics Industry trends and societal demands
- RBA Code of Conduct
- General societal demands
- ISO 26000
- SRI survey item
Commitment to the SDGs
Epson is using its original efficient, compact, and precision technologies and initiatives as vehicles to drive innovations that will enrich the world and make it a better place. Our goals are the same as those of the sustainable development goals (SDGs) adopted by the United Nations.
Epson is creating new value by looking hard at solutions to social issues, understanding the expectations that society has of us, and then providing products and services that far exceed those expectations. We at Epson are committed to the development of sustainable societies through the four areas of innovation identified in the Epson 25 Corporate Vision.
Seiko Epson Corporation
Relationships with the SDGs
To reach the goals stated in our Management Philosophy and be an indispensable company, it is important for Epson to identify the social issues most in need of a solution and address them through our business activities. Each year, we decide on action items and objectives to help us work concretely on key CSR themes we have identified as issues to address. We take those initiatives and publicly disclose the results of our efforts. We also examine how each initiative might contribute to the 17 SDGs and select those to which Epson can contribute.
Under the Epson 25 Phase 2 Mid-Range Business Plan, Epson is stepping up collaboration and open innovation. We therefore decided to add No. 17 to the SDGs we are working toward. Hence, we have taken on action items to help achieve the 14 SDGs shown below. (Note that this matrix was mapped out in June 2019 and is subject to change depending on future business developments.)