TOKYO , April 17, 2024 (press release) –
MSCI ESG Ratings is a global ESG investment index provided by MSCI. MSCI researches and analyzes a company's response to ESG-related risks and opportunities, and assigns one of seven ratings ranging from AAA at the top to CCC at the bottom.
Epson believes its first AAA rating is due to its commitment to meeting internationally recognized standards of CSR procurement and to the enhancement of its governance organization and human capital development systems in 2023.
Epson has been selected as a constituent of the MSCI Japan ESG Select Leaders Index and the MSCI Japan Empowering Women Index (WIN), as well as all other ESG indices covering Japanese equities* adopted by the Government Pension Investment Fund (GPIF).
Epson has identified four material issues that it can and should address-achieving sustainability in a circular economy, advancing the frontiers of industry, improving the quality of life, and fulfilling our social responsibility-and is working in line with a value creation story that depicts how it will solve societal issues and provide value.
The Epson Group purpose statement is "Our philosophy of efficient, compact and precise innovation enriches lives and helps create a better world." To fulfill our purpose in society, we will continue to evolve our sustainability management initiatives that both resolve societal issues and drive corporate growth.
* The FTSE Blossom Japan Index, FTSE Blossom Japan Sector Relative Index, MSCI Japan ESG Select Leaders Index, S&P/JPX Carbon Efficient Index, MSCI Japan Empowering Women Index (WIN), Morningstar Japan Ex-REIT Gender Diversity Tilt Index (GenDi) (current as of April 17, 2024)
Reference Materials
MSCI ESG Ratings
https://www.msci.com/our-solutions/esg-investing/esg-ratings
Sustainability Management at Epson
https://corporate.epson/en/sustainability/initiatives/
About Epson
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion.
corporate.epson/en/
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