Participation in External Initiatives
Participation in External Initiatives
Epson seeks to contribute to the achievement of a sustainable society through its business activities and thereby become an indispensable company. For this reason, we endorse and take part in numerous sustainability initiatives.
United Nations Global Compact
Epson officially joined the United Nations Global Compact on July 16, 2004, when a Letter of Commitment signed by the president of Seiko Epson was sent to and accepted by the Secretary-General of the UN. The letter expressed Seiko Epson's commitment to the Global Compact in the areas of human rights, labor, the environment, and anti-corruption.
As a member of society, Epson takes an uncompromising approach to socially responsible corporate conduct in areas such as compliance, human rights, environmental action, workforce diversity, and supply chain management. We take these and other social issues seriously and are working toward solutions. We aspire to make Epson an indispensable company through the practice of ethical corporate conduct and by playing a central role in realizing a better world through the products and services we provide.
See the link below for details about the United Nations Global Compact.
Epson Confirms Commitment to United Nations Global Compact by Signing the Statement from Business Leaders for Renewed Global Cooperation
Epson has reiterated its commitment to the United Nations Global Compact by signing the Statement from Business Leaders for Renewed Global Cooperation.
The Statement from Business Leaders for Renewed Global Cooperation was announced as a new policy of the UN in September, and was issued to mark the 75th anniversary of the founding of the United Nations and the 20th anniversary of the United Nations Global Compact. Signatories commit to operating in a spirit of global cooperation, accountability, corporate ethics and transparency, and to upholding the following points:
- Demonstrate ethical leadership and good governance through values-based strategies, policies, operations and relationships when engaging with all stakeholders
- Invest in addressing systemic inequalities and injustices through inclusive, participatory and representative decision making at all levels of our business
- Partner with the UN, Government and civil society to strengthen access to justice, ensure accountability and transparency, provide legal certainty, promote equality and respect human rights
In making that commitment, we also call on Governments to:
- Protect human rights, ensure peace and security, and uphold the rule of law so that businesses, individuals and societies can flourish
- Create an enabling environment to serve the interests of people and planet, prosperity and purpose, through strengthened international cooperation and national legal frameworks
- Enhance multilateralism and global governance to combat corruption, build resilience and achieve the SDGs
Responsible Business Alliance (RBA)
April 2019, Seiko Epson Corporation has joined Responsible Business Alliance (RBA), a global coalition dedicated to CSR in global supply chains, and strengthen CSR supply chain initiatives.
RBA is a nonprofit comprised of companies committed to supporting the rights and wellbeing of workers and communities worldwide affected by the global supply chain. As a Regular Member, Epson commits to fully supporting the vision and goals of the RBA.
See the link below for details about the RBA, please visit:
Responsible Minerals Initiative (RMI)
Epson joined the Responsible Minerals Initiative (RMI) on April 2019. Epson is promoting responsible sourcing minerals, and fostering cooperation to promote the use of conflict mineral surveys in the supply chain.
Task Force on Climate-related Financial Disclosures
The Financial Stability Board created the Task Force on Climate-related Financial Disclosures (TCFD) to promote disclosures on climate-related risks and opportunities. In June 2017, the TCFD published its recommendations (final report), and in October 2019 Epson declared its support for those recommendations.
Epson Reaffirms its Commitment to COP25
Epson has reaffirmed its commitment to decarbonization (reducing greenhouse gas emissions) in advance of the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP25) to be held in Madrid, Spain from December 2 to 13, 2019.
Society expects companies to be a driving force in mitigating the effects of climate change and achieving sustainability. Epson believes that its innovations can play a major role in achieving the Sustainable Development Goals (SDGs) of the United Nations.
Speaking in support of COP25, where the focus is on solutions to climate change, Epson global Chairman Minoru Usui (then president) commented, “Political and economic uncertainties are increasing, and the world is facing challenging times. I strongly believe that Epson’s role is to help achieve global sustainability and to make the world a better place. In addition to our eco-conscious products and heat-free inkjet technology, we are combating climate change by reducing greenhouse gas emissions in production and across our value chain to help drive a transformation toward a decarbonized future. Climate change is a serious issue facing our planet and Epson is doing its utmost to address this issue. We have set targets for reducing GHG emissions in our own business activities and across the value chain to achieve the Paris agreement. These targets have been approved by the Science Based Targets initiative (SBTi) as being consistent with climate change science. I am happy to report that Epson is well on its way to achieving these targets.”
Epson set targets for reducing, by 2025, its scope 1 and scope 2 greenhouse gas (GHG) emissions by 19% compared to FY2017. In the 2018 fiscal year ended March 2019, Epson made large strides toward achieving the target with a 15% reduction in its GHG emissions.
Going forward, the company plans to achieve its target through energy-saving initiatives focused primarily on production innovations and the use of renewable electricity.
CSR Europe is an organization that makes recommendations on guidelines and principles for the European Commission. As a leading European business network, it supports the corporate social responsibility efforts of businesses, industries, governments, and NGOs.
Epson Europe B.V. (EEB) joined CSR Europe in September 2017. With EEB's Sustainability Director holding a permanent seat on the CSR Europe Board of Directors since February 2019, Epson Europe has been a leader in the building of a global network and in the creation of guidelines and policies for sustainability and is helping to promote a sustainable future and sustainable business growth.
See the link below for details about the CSR Europe.