E Ink Achieves Prestigious A List Recognition for Sustainability
E Ink Achieves A List Recognition in Sustainability
BILLERICA, Mass. — E Ink, a leader in ePaper technology, has made significant strides in sustainability initiatives, as evidenced by its recent achievements in the Carbon Disclosure Project (CDP) assessments. For the first time, E Ink has been included in the exclusive "A List" for both Climate Change and Water Security, showcasing its commitment to sustainability in a competitive global landscape.
Strong Performance in Environmental Assessments
The results of the CDP’s assessments, with participation from over 22,700 companies, demonstrate that E Ink's dedication to sustainable practices has catapulted it into the top 2% of organizations globally. The company's ratings improved from A- and B ratings in previous years to achieving A ratings in both categories, indicating their effective management of environmental challenges.
Commitment to Sustainable Practices
Johnson Lee, the Chairman of E Ink, highlighted the company's viewpoint that sustainability is a vital strategy for long-term success. He states, "This CDP recognition affirms our long-standing efforts towards sustainability." E Ink's efforts integrate environmental, social, and governance (ESG) principles deeply into their operations, ensuring that their approaches to sustainability and profitability go hand in hand.
Exceptional Evaluation Scores
E Ink's performance in the CDP evaluations was exemplary, with the company earning 13 "A" scores in the Climate Change evaluation covering governance, environmental policies, GHG emissions, and decarbonization, among others. In the Water Security assessment, they achieved 7 "A" scores related to key areas such as governance and risk disclosures.
International Frameworks and Collaborations
The company actively engages with various international frameworks aimed at environmental sustainability. Their participation in the Task Force on Climate-related Financial Disclosures (TCFD) and the Taskforce on Nature-related Financial Disclosures (TNFD) allows for a thorough analysis of risks and opportunities throughout E Ink's value chain. They also support the Science-Based Targets initiative (SBTi) and the RE100 commitment to reducing global warming.
Significant Carbon Reduction Achievements
By the end of 2024, E Ink's efforts to embrace renewable energy led to a notable reduction in CO?e emissions, amounting to 29,309 metric tons. Compared to their 2021 performance, they have managed to decrease their greenhouse gas emissions by an impressive 42% and reduced water intensity by 33%, reflecting the tangible impact of their sustainability policies.
Innovating for Low-Carbon Solutions
To further their sustainable objectives, E Ink has conducted product carbon footprint assessments for two of its ePaper products according to the ISO 14067 standard. The company continues to prioritize innovation in developing low-power, low-carbon technologies, while also contributing to the environmental report of the Worldwide Display Industry Cooperation Committee (WDICC).
Optimizing Supply Chain Sustainability
E Ink has been recognized for its efforts in supply chain sustainability, achieving “Advanced” certification under ISO 20400 for sustainable procurement. The company has implemented a comprehensive management system that includes ESG surveys and risk assessments, promoting a net-zero vision among its suppliers through carbon reduction initiatives.
Looking Ahead: A Vision for a Greener Future
ePaper technology is a cornerstone of E Ink's sustainability vision, serving as a green and energy-efficient solution for various applications. Their unique “P.ESG” framework effectively positions their products as responses to environmental challenges. As they move forward, E Ink is poised to continue innovating in the realm of sustainability and collaborate with global partners to help achieve a net-zero carbon economy.
Frequently Asked Questions
What is E Ink?
E Ink is a leading company in ePaper technology providing products for various applications, contributing to sustainable display solutions.
What recognition did E Ink receive?
E Ink received 'A List' recognition from the CDP for excellence in Climate Change and Water Security.
How does E Ink contribute to sustainability?
E Ink focuses on reducing emissions, using renewable energy, and implementing sustainable practices across its supply chain.
What certifications has E Ink achieved?
They achieved “Advanced” certification under ISO 20400 for sustainable procurement, reflecting their commitment to social responsibility.
What is E Ink's sustainability goal for the future?
E Ink aims to use 100% renewable energy by 2030 and achieve net-zero carbon emissions by 2040.
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