E Link Global Operation and Sales Sites to Reach RE20 By Year End

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E Ink Holdings today announced that by the end of December 2022, the E Ink global operation and sales sites will have achieved RE20, where 20% of the energy used by the company is generated from renewable sources.

E Ink’s factories and offices in Billerica, Fremont and South Hadley in the United States, as well as sales offices in Tokyo, Japan, and Seoul, South Korea, have achieved the RE100 goal of using 100% renewable energy. In addition to actively introducing the use of renewable energy in its global sites, E Ink has “optimized power consumption through highly efficient energy management systems to move towards the Company’s goals of Net Zero 2040 and RE100 by 2030 to address the challenges of climate change and to reduce greenhouse gas emissions.”

E Ink’s original goal was to achieve using 10% of renewable energy (RE10) by 2022, 40% by 2025 (RE40), 100% by 2030 (RE100), and fulfill its commitment of Net Zero Carbon Emissions by 2040. To accelerate the implementation and use of renewable energy, E Ink has signed Power Purchase Agreements (PPA) and purchased Renewable Energy Certificates (REC).

E Ink says it “believes that sustainable manufacturing and innovation can bring benefits to both the environment and shareholders.” The company is committed to working with ecosystem partners to create and promote applications where E Ink’s low power consumption and energy-saving ePaper is an ideal fit. At the same time, E Ink is committed to joining international initiatives related to carbon reduction, including participating in international programs such as RE 100, EP 100, The Climate Pledge, and SBTi science-based targets. E Ink has adopted the TCFD framework to disclose financial impacts of climate-related risks and opportunities.

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According to the evaluation of the Green Revenue 2.0 Data Model by FTSE Russell under the Energy Management Efficiency IT Process sub-sector, E Ink was identified as having 99.98% Green Revenue in 2021 and has contributed a positive impact on the environment and grown Green Revenue since 2020.

  • As part of this effort, E Ink has been studying the CO2 effects of displays using paper or LCD versus electronic paper (ePaper) displays. Findings have shown significant CO2 savings with the use of E Ink ePaper displays.
  • In the past 5 years, 130 million eReaders have been in use globally, replacing the purchase of paper editions of books. It is estimated that paper books would emit more than 100,000 times the CO2 versus eReaders with an E Ink display and LCD devices would emit more than 50 times the CO2 versus eReaders throughout that time.
  • Over the past seven years, 600 million electronic shelf labels (ESLs) of around three inches in size have been installed worldwide. If it is assumed that the price and information are changed four (4) times a day, ePaper tags can reduce CO2 emissions by 32,000 times versus single-use paper price tags.
  • Comparing the energy usage of ePaper retail tags versus LCD retail tags over a period of five years, with four updates per day, for every kilowatt hour (KWh) consumed to manufacture the ePaper material a savings of 400 KWh is realized.
  • E Ink’s low-power ePaper enables solar-powered ePaper signage and bus stops around the world to be net-zero devices, using 100 percent renewable energy.