Green Company
Epson Company Renewable Energy Vision
Epson's Corporate Renewable Energy Vision is to create a sustainable society by developing technologies that enable more efficient use of resources and reduced carbon emissions throughout the company's business activities. In this regard, Epson is committed to developing renewable energy technologies, such as solar panels, energy-saving technologies and energy management technologies to improve energy use efficiency.
Epson also aims to reduce the environmental impact of all product stages, from design to manufacture and disposal. Epson wants to achieve a zero carbon emission target by 2050 and has developed a strategic plan to achieve this target, namely reducing carbon emissions by optimizing energy use and expanding the use of renewable energy sources.
With this vision, Epson hopes to make a positive contribution to society and the environment, and help create a more sustainable world.
How is the Epson Enterprise Renewable Energy Program?
Seiko Epson Corporation (TSE: 6724, “Epson”) has commenced using the on-site solar power generation service (model PPA1) provided by SMFL MIRAI Partners Co., Ltd. (“SMFL MIRAI Partners”), a strategic subsidiary of Sumitomo Mitsui Finance and Leasing Co., Ltd. (“SMFL”).
Pursuant to this agreement, SMFL MIRAI Partner owns the roof-mounted solar generator equipment of Fujimi Epson Factory which will repair and maintain the equipment. The panels used in the system have a capacity of 549 kW and can supply around 667 MWh of electricity per year (the equivalent amount used by about 150 typical households). All electricity generated will be supplied to the Fujimi Plant, reducing annual CO2 emissions by approximately 253 tonnes. Fuji Furukawa Engineering & Construction Co., Ltd., which is in charge of EPC[2], built the solar power system.
This is the first solar power generation system using the PPA model introduced at Epson's site in Japan. This marks the start of domestic efforts to increase the amount of power Epson produces privately and will contribute to the expansion of renewable energy sources, for which public demand continues to increase.
MIRAI's SMFL partners are using this as a springboard to propose the introduction of additional systems using the PPA model at Epson Group factories, offices and enterprises, and this will support the Epson Group's efforts to expand the amount of power generated on site.
Epson is pursuing efforts to achieve its Environmental Vision 2050, which outlines the company's long-term policy for environmental stewardship. Epson has also made the utilization of renewable energy an important part of the SBT achievement scenario[3] to achieve the Paris Agreement decarbonization goals. As well as achieving our own environmental goals, we will help build wider public recognition of the need for society as a whole to remove carbon and promote a social environment that facilitates the adoption of renewable energy.
MIRAI's SMFL partners are developing energy services such as on-site power generation and a clean electricity retail agency business. SMFL provides a variety of financial services, including leasing, for capital investments in renewable energy and energy-efficient equipment. The SMFL Group will continue to contribute to realizing a carbon-free society by providing solutions that support corporate decarbonization management
Eco-friendly Epson products
Epson has developed a number of environmentally friendly products, including:
EcoTank Printers:
This printer uses refillable ink cartridge technology, reducing waste from ink bottles and reducing printing costs in the long run.
L Series Laser Projectors:
This projector uses laser technology that is energy efficient, durable and environmentally friendly, and produces sharp, bright images.
Inkjet factory series:
Epson's industrial inkjet machines use high-precision technology that allows small amounts of ink to be used, reducing waste and energy use.
PaperLab:
This paper recycling machine can turn used paper into new paper without using water and harmful chemicals.
Moverio augmented reality (AR) glasses:
Epson's AR glasses are designed with energy-efficient technology and are made from recycled materials.
Epson is committed to reducing the environmental impact of its products and increasing the efficient use of resources through technological innovation. Epson also pays attention to environmental responsibility at all stages of its products, from design to manufacture and disposal, and looks for ways to reduce the impact of products on the environment.
Epson Company Renewable Energy Project
Epson has several renewable energy projects that are currently underway or have been completed, including:
Solar panel installation project:
Epson has installed solar panels in the company's factories and offices around the world, including in the United States, Japan, and the Philippines.
CO2 Reduction Vision 2050 Project:
Epson targets to achieve zero emissions by 2050 by reducing CO2 emissions during the production process and using renewable energy.
PaperLab Project:
Epson has developed a PaperLab paper recycling machine that can turn used paper into new paper without using water and harmful chemicals.
inkjet project:
Epson uses high-precision technology in its industrial inkjet machines which reduces ink and energy use, and reduces waste.
EcoTank Project:
EcoTank printers use refillable ink cartridge technology, reducing waste from ink bottles and reducing printing costs in the long run.
Through these projects, Epson is committed to reducing the environmental impact of all the company's business activities, and introducing renewable energy technologies to create a more sustainable world.