The FTSE4Good Index Series, which measures the performance of companies demonstrating strong environmental, social and governance has included Epson for the 15th consecutive year.
Epson says it aims to create new value by looking hard at solutions to social issues, understanding the expectations of society, and then providing products and services that far exceed those expectations. The company is committed to the development of a sustainable society through the four areas of innovation identified through its Epson 25 Corporate Vision.
The company adds that it has a mission to build stakeholder trust with communities and to help create a better world. Epson considers any action designed to realise Epson’s Management Philosophy to be a Corporate Social Responsibility (CSR) activity.
In addition to ensuring compliance, observing corporate ethics, and fulfilling responsibilities at a level that exceeds what society requires, Epson says it demonstrates its creativity in CSR by creating value through the products it develops and manufactures. Epson has developed a materiality matrix that identifies key CSR themes, such as environmental issues, respect for human rights, human resources development, and governance. Epson use this matrix to guide and strengthen its CSR activities and to help make the world a better place.
Epson has also selected CSR themes, taking into account social issues defined by ISO 26000 and other sources. The company evaluated them from both a company perspective and a social perspective, and prioritised the key themes in a ‘Key CSR Themes’ matrix.
To help ensure that the effectiveness of its activities, the company specified action items and targets for each key CSR theme. Epson periodically revises the key CSR themes and action items based on feedback from stakeholders and will systematically drive continuous improvements.