Epson Becomes Manufacturing Industry’s First to Switch to 100% Renewable Electricity at All Sites in Japan

30 October 2021: Seiko Epson Corporation will, on November 1, become the first company in the Japanese manufacturing industry to convert to 100% renewable electricity for all its domestic sites, amounting to a total of 530 GWh annually. As a result, Epson will reduce its annual carbon dioxide emissions by approximately 250,000 tonnes.

With COP26 approaching and high global interest in societal issues, especially those involving the environment and energy, Epson established and is pursuing a new long-term environmental management policy called Environmental Vision 2050. To achieve the decarbonization goal set forth in the Paris Agreement, Epson has positioned renewable electricity use as a priority action in its 2025 Science Based Targets achievement scenario. In March 2021, intending to fulfill its responsibility to society, Epson announced that all global Epson Group sites would meet their entire energy needs with 100% renewable electricity by 2023.

Epson had planned to convert to renewable electricity at all its domestic sites by the end of the 2021 fiscal year (ending March 2022) but will achieve this ahead of schedule, meeting a milestone on the path to transitioning to 100% renewable electricity for the entire Group’s power needs. As a result, Epson forecasts that it can meet approximately 40% of the Group’s total annual electricity needs with renewable electricity in the 2021 fiscal year.

Steps toward meeting the Epson Group’s total electricity needs with 100% renewable electricity By converting to renewable electricity earlier than scheduled, Epson will not only achieve its own environmental targets but will also help to encourage the spread of renewable electricity in society as a whole.