As a company, our goal is to transform the world of displays with our innovative ePaper technology, and, as the leader in innovative ePaper technology, we’ve been recognized as a finalist for the Reuters’ responsible business awards in the net zero category. This award recognizes companies that demonstrate a tangible transition toward a 1.5-degree goal, through a publicly communicated net zero commitment, plus data, disclosures, and investments to support it. In part of our commitments to reducing environmental impact and achieving net zero emissions by 2040, we’ve implemented various measures to improve energy efficiency, reduce waste and emissions, and increase our renewable energy sources.
How E Ink is leading the way to a net zero future with ePaper technology? ePaper is not only a smart technology but is also a green technology. We’ve announced major milestones that cement us as a leader in the transition to a net zero future.
E Ink reaches RE20 and joins the Climate Pledge
In December 2022, we were the first display company to reach RE20 across its global organization. RE20 is an initiative that aims to increase the share of renewable energy in the global energy mix to 40% by 2025. E Ink has achieved this goal by sourcing 100% renewable energy for our three US offices, and offices in Japan and South Korea. We plan to reach 100% renewable energy for our manufacturing facilities by 2030.
Image Credit: E Ink
We are also the first display company to join the Climate Pledge, a commitment co-founded by Amazon and Global Optimism to achieve net zero carbon emissions by 2040, ten years ahead of the Paris Agreement. By joining the Climate Pledge, E Ink agrees to measure and report its greenhouse gas emissions on a regular basis, implement decarbonization strategies in line with the Paris Agreement, and neutralize any remaining emissions with credible offsets.
E Ink recognized as an Industry Mover in the S&P Sustainability Yearbook 2023 Rankings
E Ink’s efforts to become more sustainable have not gone unnoticed—we were selected to appear in the S&P Sustainability Yearbook 2023 Rankings, which showcases the best-performing companies among industry peers in terms of financial, material, environmental, social, and governance (ESG) metrics. E Ink was rated in the top 10% of enterprises in the ITC Electronic Equipment, Instruments & Components sector and recognized as an Industry Mover. This means that E Ink showed an improvement in its global ESG score of at least 5% over last year and achieved the strongest improvement in its defined industry category.
E Ink studies the CO2 effects of ePaper versus other displays
E Ink is not only reducing its own carbon footprint but is also helping its customers and end-users to do the same. The company has been conducting research on the CO2 effects of ePaper displays versus other types of displays across different markets. The results show that ePaper displays can significantly reduce CO2 emissions compared to paper or LCD displays over their lifecycle. For example, using ePaper for electronic shelf labels can save up to 99% of CO2 emissions compared to paper labels; using ePaper for public information signs can save up to 98% of CO2 emissions compared to LCD signs; and using ePaper for eReaders can save up to 97% of CO2 emissions compared to printed books.
E Ink’s vision is to make surfaces smart and green with its ePaper technology. The company is proud to be nominated for the Net Zero Transition Award at the 2023 Reuters Business Awards, which will reward a company that can demonstrate a tangible transition toward a 1.5-Degree goal, through a publicly communicated net zero commitment, plus data, disclosures, and investments to support it. E Ink believes that its innovations and investments in clean energy, its metrics and data that showcase its progress toward net zero, and its positive impact on the business, the communities, and the environment make it a strong contender for this prestigious award.