Sustainability Sells: How Epson’s Eco-Friendly Printers Push is Driving Profits.

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Sustainability Sells: How Epson’s
Eco-Friendly Printers Push is Driving Profits.
Seiko Epson Corporation, a leader in printing and imaging solutions, is steadfast in its commitment to environmental sustainability while achieving robust financial performance. Under the leadership of President and CEO Yasunori Ogawa, the company emphasizes “efficient, compact, and precise innovation” to enrich lives and contribute to a better world.

Decarbonization Initiatives
Epson has set ambitious targets to reduce greenhouse gas (GHG) emissions across its operations:

Scope 1 and 2 Emissions: Aiming for a 34% reduction by FY2025 compared to FY2017 levels.

Scope 3 Emissions: Targeting a 44% reduction in categories 1 (purchased goods and services) and 11 (use of sold products) as a percentage of value added by FY2025, relative to FY2017.

To achieve these goals, Epson is enhancing energy efficiency, investing in renewable energy sources, and collaborating with suppliers and customers to promote eco-friendly practices.

Financial Performance
Epson’s financial results reflect a balance between sustainability efforts and profitability:

First Quarter of FY2024: The company reported increased profits, driven by higher revenue, effective cost management, and reduced transportation expenses due to optimized ocean freight rates.

Second Quarter of FY2024: Business profit saw a significant rise, attributed to robust sales in printing solutions and stringent cost controls.

Third Quarter of FY2024: Despite a slight revenue decrease, Epson maintained profitability through strategic measures, including cost containment and adapting to market conditions.

Product Innovation and Market Adaptation
Epson continues to innovate with products that meet environmental standards and customer needs:

EcoTank Printers: These high-capacity ink tank printers have gained popularity, particularly in the Middle East, contributing to regional growth.

Commercial and Industrial Printing: The company has experienced steady revenue in this segment, with strong ink sales offsetting challenges in hardware sales.

By integrating sustainability into its core business strategy, Seiko Epson Corporation exemplifies how environmental responsibility can align with and drive financial success.

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March 3, 2025 at 4:50 PM