E Ink’s sustainability effort wins it Dow Jones Sustainability Index recognition
In a groundbreaking achievement, E Ink announced that it has secured the first-place rank in both the Dow Jones Sustainability Index (DJSI) World and DJSI Emerging Markets for the second consecutive year. This recognition cements E Ink’s position at the forefront of the global technology hardware and equipment industry.
Johnson Lee, the CEO of E Ink, expressed immense pride in the company’s recognition and highlighted the team’s commitment to sustainability. Lee stated, With green e-paper technology and products at our core, we uphold our unwavering mission across operational management, product design, social inclusivity, and every facet embodying ESG principles.
The Dow Jones Sustainability Index is widely regarded as a pinnacle of global credibility in corporate sustainability assessment. It evaluates companies comprehensively across economic, social, and environmental dimensions. Among the 13,000 companies participating annually, E Ink stands out among the select 3,500 considered for the DJSI, showcasing its commitment to sustainable development.
E Ink’s exceptional performance in the 2023 S&P Global Corporate Sustainability Assessment reiterates its dedication to progress. With an outstanding score of 89, E Ink secured its position as the top scorer globally within the Technology Hardware & Equipment industry group, representing a significant improvement from the previous year.
The company excelled in several dimensions, achieving perfect scores in nine categories that included ‘Business Ethics,’ ‘Emissions,’ and ‘Human Capital Development.’ Furthermore, E Ink emerged as an industry leader in thirteen dimensions such as ‘Materiality,’ ‘Environmental Policy and Management Systems,’ and ‘Occupational Health and Safety.’
E Ink has set ambitious sustainability goals, aiming to reach RE100 by 2030 and Net Zero by 2040. The company has already made significant strides in using renewable energy, with global operations and sales sites achieving RE20 by December 2022. Notably, E Ink’s factories and offices in the United States, Japan, and South Korea have reached the RE100 goal of utilizing 100 percent renewable energy.
The commitment to carbon reduction extends to product design and manufacturing processes, with E Ink conducting product carbon footprint verification and providing customers with a carbon footprint framework. The company’s impact on the environment is evident, with 99.98 percent of Green Revenue identified in 2021 under the FTSE Russell Green Revenue 2.0 Data Model.
E Ink’s dedication to environmental responsibility doesn’t stop at its operations. The company’s science-based greenhouse gas (GHG) emissions reduction targets have been validated and approved by the Science Based Targets initiative in September 2023.
Significantly, E Ink has conducted studies comparing the CO2 effects of displays, highlighting the substantial carbon dioxide savings achieved with the use of its e-paper displays. Financial institutions adopting E Ink’s technology save millions of paper sheets annually, contributing to significant CO2 reduction.
E Ink’s low-power e-paper technology has witnessed global adoption in e-reader devices and Electronic Shelf Labels (ESL), resulting in remarkable CO2 savings compared to traditional alternatives. The company’s innovative technology even enables solar-powered signage and bus stops, marking a paradigm shift towards a sustainable and net-zero future.
In conclusion, E Ink’s sustained leadership in the Dow Jones Sustainability Index and its remarkable achievements in environmental innovation underline its commitment to shaping a more sustainable and eco-friendly future for the technology industry. Through its relentless focus on sustainability, E Ink sets an example for other companies to follow in the pursuit of a greener world.
