Epson on CDP A-List for tackling climate change and protecting water security for the second consecutive year

Epson has been placed on the prestigious A-List for climate change and water security for the second consecutive year by international environmental non-profit CDP, which evaluates companies' environmental activities.

Epson's recognition is for

• reducing greenhouse gases by proactively transitioning to renewable electricity
• for having expanded and improved its information disclosure in line with the recommendations of the Task Force on Climate-related Financial Information Disclosure (TCFD), which quantifies management risks associated with climate change as required by CDP.

CDP evaluates companies' environmental activities on behalf of more than 590 institutional investors worldwide with a combined $110 trillion in assets. The results of the questionnaires are 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 12,000 companies evaluated, Epson was one of a small number to receive a double A, 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 and business partners and other stakeholders.

Epson's Environmental Vision 2050 states that Epson seeks over the next ten years, will invest approximately 100 billion yen on decarbonisation, closing the resource loop, and environmental technology development to reduce GHG emissions in the supply chain by more than 2 million tonnes.

A key milestone will be to switch to renewable energy for all of Epson's electricity needs by 2023. In addition to this investment, the company will concentrate management resources on developing products and services that reduce the environmental impacts of its customers.