SINGAPORE, March 13, 2023 /PRNewswire/ — Seiko Epson Corporation (TSE: 6724, “Epson”) today launched a three-year international partnership with global conservation organisation WWF focusing on forest restoration and conservation around the world. This partnership is the first of its kind for a Japanese corporation in the electronics and precision instruments sector and builds on the existing relationship between the two organisations that started in March 2022 working on marine conservation in Southeast Asia.
Based on a shared ambition to tackle common environmental concerns, the partnership will encompass three objectives:
- Addressing Epson’s environmental footprint,
- Supporting WWF’s forest restoration and conservation projects in seven countries in four regions, and
- Communicating about environmental issues.
To make this possible, Epson is planning a contribution of 240 million Japanese Yen (approximately 1.6 million Euros) over the next three years starting from March 2023 that will go towards WWF forestry projects.
Through the partnership, Epson will be supporting forest conservation activities and nature recovery efforts implemented by WWF across several “Deforestation Fronts”(1) and will aim to improve sustainability in their supply chain as a participant of WWF’s Forests Forward(2) program. To realise a nature-positive world together, the collaboration will also promote the responsible use of forest resources (paper) in business, as well as future considerations for the conservation of freshwater ecosystems and activities that contribute to a circular economy.(3)
“We are delighted to sign this agreement with the WWF,” said Yasunori Ogawa, global president of Epson. “The world is facing an environmental catastrophe and it is essential we act now to preserve the biodiversity of our planet before it is too late. This partnership reflects Epson’s commitment to conserving the environment, reducing waste, and ensuring that the use of natural resources is sustainable. With a goal of realizing a future in which people can live in harmony with nature, the WWF is a perfect fit for Epson.”
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