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OrganisationsEpson
Epson logo

Epson

Electrical Machinery ManufacturingJapanJPX: 6724.T
Last verified 4 months agocorporate.epson

Epson, officially known as Seiko Epson Corporation, is a leading player in the electrical machinery and apparatus sector, specifically within the category of electrical machinery and apparatus n.e.c. (31). Headquartered in Japan, Epson has established a significant presence across major operational regions, including North America, Europe, and Asia. Founded in 1942, the company has achieved numerous milestones, including pioneering innovations in printing technology.

Epson is renowned for its diverse range of products, including printers, projectors, and industrial automation solutions, distinguished by their precision and efficiency. The company holds a strong market position, recognised for its commitment to sustainability and cutting-edge technology. With a focus on delivering high-quality imaging and printing solutions, Epson continues to shape the future of the electrical machinery industry.

75
DitchCarbon score

+39 vs industry average

Epson’s score of 75 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.315
20182025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Epson's reported carbon emissions

Epson, a Japanese company in the electrical machinery and apparatus sector, has outlined ambitious climate commitments. For the reporting year 2024, Epson recorded total greenhouse gas emissions of approximately 2,485,050,000 kg CO2e. This figure includes Scope 1, Scope 2 (market-based), and Scope 3 emissions.

Key Emissions Data (in kg CO2e):

  • 2024:
    • Scope 1: Approximately 103,950,000 kg CO2e
    • Scope 2 (Market-based): Approximately 401,000 kg CO2e
    • Scope 3: Approximately 2,381,000,000 kg CO2e
    • Total Emissions: Approximately 2,485,050,000 kg CO2e (Scope 1 + Scope 2 + Scope 3)
  • 2023:
    • Scope 1: Approximately 126,195,000 kg CO2e
    • Scope 2 (Market-based): Approximately 15,251,000 kg CO2e
    • Scope 3: Approximately 2,377,000,000 kg CO2e
    • Total Emissions: Approximately 2,518,446,000 kg CO2e
  • 2022:
    • Scope 1: Approximately 141,883,000 kg CO2e
    • Scope 2 (Market-based): Approximately 92,855,000 kg CO2e
    • Scope 3: Approximately 2,327,000,000 kg CO2e
    • Total Emissions: Approximately 2,561,738,000 kg CO2e

Climate Commitments and Targets:

Epson is committed to significant greenhouse gas (GHG) emissions reductions. Key targets include:

  • By FY2030: Reduce overall GHG emissions by 55% compared to the FY2017 baseline.
  • By FY2025: Achieve a 34% reduction in Scope 1 and 2 GHG emissions from the FY2017 baseline. This target is supported by Science Based Targets initiative (SBTi) validation.
  • By FY2050: Epson aims to become carbon negative and underground resource-free. This long-term vision signifies a commitment to removing more CO2 from the atmosphere than emitted and phasing out the use of underground resources.

Epson's SBTi commitments include reducing absolute Scope 1 and 2 GHG emissions by 34% by FY2025 against an FY2017 base year. Additionally, they aim to reduce Scope 3 emissions from purchased goods and services and the use of sold products per unit of value added by 44% within the same timeframe. Longer-term, Epson has committed to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2050 from an FY2017 base year.

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Epson’s Climate Goals (2030 & 2050)

1 goal

2030

55% reduction in all scopes

Reduce GHG emissions by 55% compared to FY2017 by FY2030.

At risk55%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

12 of 15 categories disclosed
Purchased Goods & Services48%
Use of Sold Products29%
Capital Goods8%
Upstream Transportation & Distribution6%
End-of-Life Treatment4%
Investments2%
Employee Commuting1%
Fuel & Energy Activities1%
Purchased Goods & Services48%
Use of Sold Products29%
Capital Goods8%
Upstream Transportation & Distribution6%
End-of-Life Treatment4%
Investments2%
Employee Commuting1%
Fuel & Energy Activities1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

2023 targetSee details
Active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Epson logoEpson
JPElectrical Machinery Manufacturing
4 months ago
75
Ricoh logoRicoh
JPComputer Services
5 hours ago
100
View
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
4 days ago
100
View
Konica Minolta logoKonica Minolta
JPComputer Services
15 hours ago
85
View
Sony logoSony
JPCommunication Equipment Manufacturing
4 days ago
76
View
FUJIFILM Holdings Corporation logoFUJIFILM Holdings Corporation
JPMedical Device Manufacturing
4 days ago
75
View
Ibm logoIbm
USComputer Services
22 hours ago
71
View

Frequently asked questions

Common questions about Epson’s sustainability data and climate commitments

Epson's estimated total greenhouse gas emissions for 2024 are approximately 2.5 billion kg CO₂e. This figure includes Scope 1, Scope 2 (market-based), and Scope 3 emissions, with Scope 3 accounting for the largest share, roughly 2.38 billion kg CO₂e. The company reports these emissions based on direct data, reflecting its commitment to transparency. The emissions data indicates a slight decrease compared to 2023, demonstrating ongoing efforts to reduce its environmental impact within the electrical machinery and apparatus sector.

Data year: 2024

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