Impact Report Summary
In 2024, we publish our inaugural Impact Report, sharing our sustainability progress for the 2023 financial year (April 2023 – March 2024). This first Impact Report not only documents our progress but also sets the stage for the ambitious goals we aim to achieve.
Our sustainability strategy is built around four key components that guide how we create a positive impact.
Take environmental action by working within planetary boundaries
We are taking decisive climate action and advancing circular economy principles. Our transition to 100% renewable electricity for our A/NZ operations, significant reduction in operational waste, and robust product recycling programs underscore our dedication to environmental responsibility and resource efficiency.
Demonstrate equity and inclusion by working with our people, for our communities
At Epson, we value our people and communities, striving to foster equity and inclusion. Through partnerships, volunteer efforts and community giving, we support initiatives that enhance employee wellbeing and drive community development, ensuring our impact reaches a broad spectrum of society.
Strengthen resilience by improving how industries work
We aim to enhance industry operations and build resilience through innovative solutions and strategic partnerships. This includes helping customers reduce environmental impact and improve efficiency with Heat-Free Technology, supporting the Australian Fashion Council to advance onshore manufacturing capabilities, and working with associations to expand our impact in the industry.
Strive to continuously improve our ethical business practices
We are committed to responsible and ethical business practices, and provide our people, suppliers and business partners with the resources, training, and reviews to ensure they are also equipped to lead. Rigorous compliance, data protection, risk management and anti-corruption policies are foundational to our success.
Highlights
100%
renewable electricity at almost all Epson location globally1
As of December 2023, all electricity used at Epson sites in Australia, New Zealand, and worldwide comes from renewable sources. We consume around 876 GWh of electricity each year across all our global operation. By transitioning to renewables, we expect to reduce global annual emissions by approximately 400,000 tonnes.
Epson A/NZ reduced Scope 2 emissions to virtually zero2
This halved our total emissions from 2,291 tCO2e in FY22 to 1,146 tCO2e in FY23.3
50%
reduction in waste to landfill4
Our waste to landfill at major sites in Sydney has been reduced from 68% in FY22 to 33% in FY23.
517,106
cartridges and consumables recycled
6.5 million Epson A/NZ cartridges have been recycled with Cartridges 4 Planet Ark since 2003.
Set the foundation for sustainable progress
We assessed our Australian and New Zealand greenhouse gas footprint (Scopes 1, 2, and 3)3, setting FY22 as our baseline year for our journey towards net zero. We also identified the most relevant materiality issues and United Nations (UN) Sustainable Department Goals (SDGs) for our operations to address.
Launched impactful partnerships
We launched partnerships with Botanic Gardens of Sydney, First Nation Fashion + Design and Australian Fashion Council to drive environment outcomes while also contributing to social and economic development.
76%
Mental Health Training
76% of our people have gone through Mental Health training, with 4% qualified as Mental Health First Aiders.
- Excludes some sales sites and leased properties where the amount of electricity consumed cannot be determined.
- We have significantly reduced out Scope 2 emissions to 0.28%. See page 12 for details.
- The calculations do not currently include emissions from Scope 3. Category 1 - Purchased good and services; Category 11 - Use of sold products; and Category 12 - End-of-life treatment of sold products.
- We measure and report waste at our hear office and warehouse facility in Sydney.