Epson Corporation has announced that CDP, the international environmental organisation, has placed the company on its A list for its climate change and water security efforts.
CDP, the independent not-for-profit charity that runs the global environmental disclosure system, encourages companies to measure and manage their risks and opportunities related to climate change, water security and deforestation.
It evaluates companies’ environmental activities on behalf of more than 740 institutional investors worldwide with a combined US$136 trillion in assets.
The results of the questionnaires are used to assess companies in terms of environmental performance for the world’s leading socially responsible investment (SRI) indexes used by ESG investors.
Speaking about this achievement, Yoshiro Nagafusa, President of Epson Europe, commented: “Receiving a CDP ‘A’ in two of the categories – climate change and water security – sends a powerful message to our customers, business partners and investors. It shows how Epson is deeply committed to achieving carbon negative in all its global operations. The latest CDP A rating provides further evidence that we are serious about tackling climate change and preparing our business for the future.”
Epson highlighted that of the over 23,000 companies that disclosed information through CDP, less than 2 per cent made the A list, with Epson being one of a small number of companies to receive an A in two categories.