Epson

Epson's latest reported emissions for 2024 totalled approximately 2.5 billion kg CO2e. This includes Scope 1 emissions of about 103.95 million kg CO2e, Scope 2 emissions (market-based) of approximately 401,000 kg CO2e, and Scope 3 emissions of around 2.38 billion kg CO2e.

Looking back, in 2023, Epson's total emissions were approximately 2.52 billion kg CO2e. This comprised Scope 1 emissions of around 126.2 million kg CO2e, Scope 2 emissions (market-based) of about 15.25 million kg CO2e, and Scope 3 emissions of approximately 2.38 billion kg CO2e. In 2022, the company reported total emissions of roughly 2.47 billion kg CO2e, with Scope 1 emissions at about 141.88 million kg CO2e, Scope 2 emissions (market-based) at around 92.86 million kg CO2e, and Scope 3 emissions at approximately 2.33 billion kg CO2e.

Epson has set ambitious climate commitments. The company aims to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 34% by FY2025 from a FY2017 base year. Furthermore, Epson is committed to reducing overall GHG emissions by 55% compared to FY2017 by FY2030, covering all Scope 1, 2, and 3 emissions. Long-term, Epson aims to achieve carbon negative status and be underground resource-free by 2050, aligning with a 90% reduction in Scope 1, 2, and 3 emissions by FY2050 from a FY2017 base year. These targets are verified by the Science Based Targets initiative (SBTi) and are classified as consistent with reductions required to keep warming to 1.5°C.