Epson Group

Sustainability Report 2022

INDEX

CEO Message

Sustainability

Environment

Social

Governance

ESG Data/

at Epson

Appendices

Epson conducts its business activities to achieve sustainability and enriching communities. These activities are rooted in our Management Philosophy and in the employee mission underpinning the "Exceed Your Vision" tagline.

Epson Group Sustainability Report 2022

1

INDEX

CEO Message

Sustainability

Environment

Social

Governance

ESG Data/

at Epson

Appendices

INDEX

* Click the title to move to that article.

003

Editorial Policy

149

Supply Chain CSR Vision

004

Group Outline

152

Supplier Guidelines

005

Global Network

154

Supply Chain Initiatives

165

Communication and Training

006

CEO Message

168

Responsible Sourcing of Minerals

173

Green Purchasing

008

Sustainability at Epson

174

Paper Products Procurement

009

Sustainability Management

175

HR Development

011

Materiality

182

Diversity, Equity and Inclusion

021

Contributing to the SDGs

194

Respecting Human Rights

025

Sustainability Communications

201

Fostering a Better Workplace

028

Participation in External Initiatives

208

Health and Productivity Management

031

Evaluation by External Parties

215

Occupational Safety and Health

221

Approach to Corporate Citizenship

036

Environment

222

Education for Young People

037

Environmental Vision 2050

225

Culture and the Arts

043

Solving Social Issues Through

226

Community Events

Inkjet Technology

228

Social Welfare

048

Green Bonds

229

Stakeholder Engagement

050

2025 Goals

232

Shareholders & Investors

057

Responding to TCFD Recommen-

234

Customers, Local communities

dations

239

NGO/NPO, International Organi-

064

Global Environmental Positioning

zations

Statement

241

Business Partners & Consortia

065

Life Cycle Thinking

068

Products and Services that Re-

242

Governance

duce Environmental Impacts

243

Corporate Governance

105

Climate Change/Realizing a De-

258

Internal Control System

carbonized Society

265

Initiatives of Internal Control

111

Resources/Forming a Circular

269

Security

Economy

120

Pollution Prevention & Chemical

273

ESG Data/Appendices

Management

274

ESG DataEnvironment)

125

Biodiversity Conservation

282

ESG DataSocial)

131

Eco Community

293

ESG DataGovernance)

136

Environmental Management

297

Appendices

137

Social

  1. Approach to Customer Commitment
  1. Customer Satisfaction
  2. Quality Improvement
  1. Product Safety
  1. Universal Design

Epson Group Sustainability Report 2022

2

INDEX

CEO Message

Sustainability

Environment

Social

Governance

ESG Data/

at Epson

Appendices

Reporting Period

April 2021 to March 2022

Note: Contains some information on activities conducted after April 2022.

Scope

This report describes the sustainability efforts of Seiko Epson Corporation and 80 Group companies. The scope of environmental reporting, however, covers Seiko Epson Corporation, and 52 Group companies (representing 95% of revenue).

Note: "Epson" refers to the Epson Group, unless indicated otherwise.

Guidelines

This report has been prepared in accordance with the Core option of the GRI1 Standards 2020. ISO 26000: 2010/ JIS Z 26000: 2012 (Guidance on social responsibility) was used as a reference.

GRI Standards Comparison (GRI content index) https://corporate.epson/en/sustainability/guideline.html

1 The Global Reporting Initiative, an NGO established in 1997 that drafts and pro- motes international guidelines for sustainability reporting.

Previous Reports

Epson has been publishing a report every year since 1999. In 2003, the name of the report was changed from Environmental Report to Sustainability Report.

Date of Report Publication

September 30, 2022 (previous report: September 30, 2021)

Editorial Policy

Inquiries about Sustainability Report

Seiko Epson Corporation

Sustainability Promotion Office

3-3-5 Owa, Suwa-shi,Nagano-ken, Japan 392-8502 Tel: +81-266-52-3131 (main)

Disclaimer

This report includes forward-looking statements, estimates, and plans based on the information available at the time of publication. Actual results may be different from those discussed.

This report has been compiled from comprehensive information about Epson's Sustainability that is available on our websites.

Information has been reported in accordance with the Core option of the GRI Standards 2020. In addition to this report, Epson has been working to improve communication with its stakeholders through the publication of an Integrated Report, its websites, and other media.

SustainabilityIR informetion informetion

PDF

  • Annual Report
  • Corporate Governance Report
  • Integrated Report
  • Sustainability Report

Web

  • Investor Relations

https://corporate.epson/ja/investors/

  • Sustainability

https://corporate.epson/en/sustainability/

Epson Group Sustainability Report 2022

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INDEX

CEO Message

Sustainability

Environment

Social

Governance

ESG Data/

at Epson

Appendices

Group Outline

Corporate Outline

Company Name

Seiko Epson Corporation

Founded

May 18, 1942

Head Office

3-3-5 Owa, Suwa-shi, Nagano, Japan

Paid-in Capital

53,204 million

Number of employees

Epson Group (Consolidated): 77,642, Parent Company: 12,630 (as of March 31, 2022)

Group companies

80 (includes parent company) Japan: 19, Overseas: 61 (as of March 31, 2022)

Financial Performance and Business Size

Consolidated Revenue

Profit for the year

billion

Business profit1

billion

attributable to owners

billion

of the parent company

1,128.9

89.6

92.2

Revenue by Segment2

Visual Communications Segment

Manufacturing-Related & Wearables

Printing Solutions Segment

Segment Revenue as a

Segment Revenue as a

Segment

Segment Revenue as a

Percentage of Total Revenue

Percentage of Total Revenue

Percentage of Total Revenue

Revenue

779.9bln

69.0

Revenue

159.0 bln

14.0

Revenue

191.9 bln

17.0

Main Operations

Main Operations

Business

Main Operations

Office & Home Printing Business

Visual Communications

Manufacturing Solutions Business

Office & home inkjet printers, serial impact

Projectors and smart glasses

Industrial robots, compact injection molding

dot matrix (SIDM) printers, page printers,

machines

color image scanners, dry process office

Wearable Products Business

papermaking systems, and related

Wristwatches, watch movements

consumables

Microdevices, Other

Commercial & Industrial Printing Business

Quartz crystal devices (crystal units,

Commercial & industrial inkjet printers,

oscillators, sensors) Semiconductors

inkjet printheads, printers for use in POS

(CMOS, LSI), Superfine alloy powder

systems, label printers, and consumables

Surface finishing, PC business (PCs &

other)

  1. Business profit is very similar to operating income under Japanese accounting standards, both conceptually and numerically. It is calculated by deducting the cost of sales and selling, general and administrative expenses from revenue.
  2. Segment sales include intersegment sales

Epson Group Sustainability Report 2022

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Seiko Epson Corporation published this content on 30 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2022 06:13:04 UTC.