The "desire for affluence” may be contributing to the destruction of the natural world, according to Seiko Epson CEO and president Yasunori Ogawa, who's outlined the company’s plans to further accelerate its sustainability initiatives. “Epson’s unique Micro Piezo inkjet technology can help to reduce environmental impacts," he added.

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       President and CEO of Seiko Epson Corporation, Yasunori Ogawa

“The United Nations has been sounding the alarm about the destruction of the natural world, saying that it is approaching the point of no return due to the actions of mankind,” Ogawa said.

“People have always sought enrichment, but the focus was on material and economic wealth. This desire for affluence may be a contributing cause to these issues. Going forward, it is both necessary and desirable to enrich not only ourselves but the rest of the world and the global environment as a whole.

“I think the world desires more than just material and economic wealth. People also want other, less tangible forms of wealth. They want to be enriched spiritually and culturally. Sustainability is a fundamental requirement for achieving this. We revised Epson 25 Corporate Vision for the start of fiscal 2021. We added ‘quality of life to ‘achieve sustainability in a circular economy’ and ‘advance the frontiers of industry’ as material themes that we can impact long-term.”

An Epson press release said: “Epson sees climate change in particular as a long-term global threat, as it sees climate as a foundation of our lives and society.”

Ogawa added: “Epson’s unique Micro Piezo inkjet technology can help to reduce environmental impacts. We will tackle this issue by using this technology to drive innovation in co-creation projects with partners who share our aspirations of creating new products and services that are eco-conscious and that contribute to higher productivity and a better working environment.”

Epson has also revised their Environmental Vision 2050. They analysed their 2°C scenario last year based on the TCFD’s report and is now studying a 1.5°C scenario. 

“We will accelerate our environmental actions too,” Ogawa said. “In 2020, Epson was named to the CDP’s prestigious A List after attaining the highest scores for the categories of climate change and water security. There are other environmental issues, such as energy saving and resource depletion, that we will also continue to address.”

Ogawa also addressed the continued threat of COVID-19. 

“I would like to express my respect and thanks to the healthcare professionals and other frontline workers who are fighting to overcome this threat. COVID-19 has also severely impacted and changed our business activities. We have been doing everything we can in response to factory shutdowns, supply chain disruptions, national and regional restrictions on movement and changes in the market environment due to people modifying their behaviour.”


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