Sydney, June 6: Epson, a leading global technology company, has reached a significant milestone in its commitment to environmental sustainability. The company announced that all of its offices and company sites in Australia and New Zealand now use 100 percent certified renewable electricity, as recognized by the Australian GreenPower and the New Zealand Energy Certificate System (NZECS).
Epson’s renewed Environmental Vision, established in 2021, outlines the company’s determination to achieve carbon negativity and complete independence from underground resources by 2050.
To align with the 1.5°C scenario of the Paris Agreement and the Science Based Targets initiative (SBTi), Epson has set ambitious goals to reduce greenhouse gas emissions across its operations and value chain. By 2025, the company aims to decrease scope 1 and 2 greenhouse gas emissions by 34 percent compared to 2017 levels, with a strong focus on renewable electricity as a key component of its decarbonization strategy.
Joining the prestigious RE100 initiative, which brings together influential businesses driving the transition to 100 percent renewable electricity, Epson previously announced in March 2021 that all its group sites worldwide would be powered solely by renewable energy sources by 2023.
Craig Heckenberg, Managing Director of Epson Australia, highlighted the importance of this achievement, stating, “By sourcing 100 percent renewable electricity, Epson will significantly reduce its annual carbon emissions, enabling us to report zero market-based Scope 2 electricity emissions. This decision not only drives investment in renewable energy projects but also supports the global shift towards a sustainable, low-carbon future.”
Epson procured certified renewable energy through its electricity retailers, utilizing the renowned Australian GreenPower program and the New Zealand Energy Certificate System (NZECS).
The GreenPower program offers accredited Australian renewable electricity derived from sources like solar, wind, water, and bioenergy.
This government-backed program ensures that Epson’s electricity usage is matched with renewable electricity added to the grid, leading to reduced emissions from electricity consumption (Scope 2 emissions).
Similarly, the NZECS verifies that the electricity consumed by Epson from the national grid is annually matched with electricity produced by certified renewable electricity generation farms, further solidifying the company’s commitment to sustainability.
Fatida Un, Epson Australia’s Environment & Sustainability Manager, expressed enthusiasm about the achievement, stating, “Sourcing 100 percent renewable electricity will have a profound impact on Epson’s carbon footprint, enabling us to effectively report zero market-based Scope 2 electricity emissions. This decision not only promotes investment in renewable energy projects but also accelerates the global transition towards a sustainable, low-carbon future.”
Heckenberg concluded by reaffirming Epson’s comprehensive commitment to minimizing its environmental impact. He emphasized that Epson’s products and services are designed not only to enhance customer productivity and efficiency but also to reduce their environmental footprint. The company actively collaborates with business partners and embraces open innovation to explore new markets and expand its potential to contribute to environmental sustainability.
Epson’s achievement in securing 100 percent renewable electricity in its Australian and New Zealand operations is a significant step towards its global goal of converting to 100 percent renewable electricity worldwide by 2023.
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