Epson

Epson, a Japanese electrical machinery and apparatus manufacturer, reported total Scope 1, 2, and 3 greenhouse gas emissions of approximately 2.49 billion kg CO2e in 2024. This includes about 104 million kg CO2e from Scope 1 (direct emissions), around 401,000 kg CO2e from market-based Scope 2 (indirect emissions from purchased energy), and approximately 2.38 billion kg CO2e from Scope 3 (value chain emissions). In 2023, their total Scope 1, 2, and 3 emissions were approximately 2.52 billion kg CO2e, comprising roughly 126 million kg CO2e for Scope 1, approximately 15.25 million kg CO2e for market-based Scope 2, and about 2.38 billion kg CO2e for Scope 3.

Epson has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi) through its parent company, Seiko Epson Corporation. They are committed to reaching net-zero greenhouse gas emissions across the value chain by FY2050. Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2030 from a FY2017 base year, and absolute Scope 3 GHG emissions by 55% within the same timeframe. Long-term, they aim for a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by FY2050 from a FY2017 base year. An earlier near-term target from Seiko Epson Corporation committed to reducing absolute Scope 1 and 2 GHG emissions by 34% by FY2025 from a FY2017 base year, and Scope 3 emissions from purchased goods and services and use of sold products per unit of value added by 44% within the same timeframe.