Energy Efficiency, GHG Emissions - January 3, 2022
E Ink Pledges Net Zero Emissions By 2040
E Ink pledged to achieve net zero carbon emissions by 2040 by increasing its use of renewable energy.
The company has a three-phase plan - in the first phases, E Ink aims to achieve 40% of renewable energy use by 2025 and 100% renewable energy use to implement the RE100 target by 2030.
E Ink has implemented measures on technologies and products and has also conducted an investigation to assess the GHG generated by all sites globally. Indirect carbon emissions from energy use in operations and manufacturing account for a significant portion of E Ink's total carbon emissions within the company.
Using renewable energy will be the key to the company's strategy to reach net zero carbon emissions. In addition to increasing the proportion of renewable energy use year over year, E Ink will also improve energy use efficiency and reduce the overall energy use and consumption of environmental resources in product development, manufacturing, and corporate operations.
"The impact and threat of climate change on the environment will be a challenge faced by the world. As a global citizen, E Ink has implemented a zero carbon emission plan on manufacturing and operation, and is also committed to carbon reduction throughout ePaper technology development and product design. Focusing on even lower energy consumption and material use allows the low-carbon and energy-saving ePaper technology to realize its environmentally friendly potential," said the Chairman of E Ink, Johnson Lee in a statement. “We are also working with our ecosystem and supply chain partners to take actions on reducing their carbon emissions to fulfill our responsibilities as global citizens through the net zero carbon emission initiatives.”
In October 2021, E Ink became a Task Force on Climate-Related Financial Disclosures Supporter (TCFD Supporter). It will follow the TCFD framework to identify risks and opportunities of climate change and introduce scenario analysis of physical risks and transformation risk to adapt the net zero carbon emission strategy and plan with quantitative indicators.