RE100
To strive for the goal of fully using renewable energy by 2030, the Company has officially become one of the members of The Climate Group and taken part in RE100, the global renewable energy initiative led by the Carbon Disclosure Project (CDP). We have thus become the first display company committed to achieving RE100 by 2030!
All humans are faced with the challenges of the environmental impacts caused by the fiercer climate change, and should be responsible for taking actions. As a leader of green display products, E Ink has been duty-bound to join the RE100. Aside from the gradual implementation of renewable energy and reduction of carbon emissions from the manufacturing and operating aspects, we also aggressively enhance the R&D of ePaper technology and product designs to contribute from the very beginning of our process. New technologies that require lower energy consumption and less use of materials are developed to ensure that our low-carbon and power-saving ePaper products provide greater environmental benefits.
With a view to reaching the goal of the 100% use of green renewable energy at all our sites around the world by 2030, we will purchase renewable energy certificates (RECs) or enter into power purchase agreements (PPAs) with electricity retailing enterprises for renewable energy through our sites, and annually increase the use of renewable energy at our sites. It is expected that the use of green energy can exceed 10% (RE10) by the end of 2022, reach 40% (RE40) by 2025, and come to 100% by 2030 (RE100), namely all our sites use 100% renewable energy. These achievements will help demonstrate the Company's leading role in energy transition.