CEO Messages

Our expectations and goals

STEP1 - 2022年底達成10%綠電使用

STEP2 - 2025年達成40% 再生能源使用

STEP3 - 2030年達成100% 全廠區使用綠色能源

The impact of the global COVID-19 pandemic on the economy and society in the recent years and the fiercer climate change that caused increased deterioration to the environment have brought about great challenges and threats to people all over the world. As a leading company in the field of green display products, we have the responsibility to take proactive actions for zero carbon emissions. At the end of 2021, we officially announced the goal of net zero carbon emissions to be achieved by 2040. For this, we plan to accomplish three milestones in the coming years by using 10% green power at the end of 2022 (RE10), using 40% renewable energy by 2025 (RE40) and achieving the goal of RE100 by 2030 when 100% of green renewable energy will be used at our sites all over the world.

PESG - Sustainability Enabled by Green Technology

ePaper technology has ultra-lower power consumption and low carbon emissions. ePaper displays can be used as a substitute for paper usage and it is key factor that makes E Ink a leading company in the green display technology.

According to the Energy Management Efficiency IT Process analysis based on the FTSE Russell's Green Revenue 2.0 Data Model, 99.93% of our operating revenue in 2020 was composed of green revenue. This rating shows the environmental benefits ePaper technology brings to the world.

As a result, we added Product as a key facet besides Environmental, Social and Governance, thus forming E Ink's PESG facets. We continuously improve and develop ePaper technology from a product design perspective to form new products that need less power and materials, in turn generating less emissions and consuming less power, with more environmentally friendly advantages.

Low-Carbon ePaper Applications in Sustainable Digital Products

We are dedicated to designing sustainable digital products and promoting low-carbon ePaper applications to smart cities, smart stores and personal digital readers. In the past five years, 130 million eReaders have been in use globally, replacing the purchase of paper editions of books. It is estimated that paper books and LCD device would emit more than 100,000 and 50 times CO2 vs. eReaders respectively 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 we assume that the price and information changes four times a day, single-use paper price tags would create 32,000 times CO2 versus ESLs. Electronic Shelf Labels can not only reduce the consumption of environmental resources but can also help significantly reduce CO2 emissions versus traditional signage, contributing to more environmental sustainability.

In a comparison of the electricity consumed by 30 million 10-inch ePaper signage and 30 million 10-inch LCD signage used worldwide for continuous use over five years, ePaper signage can reduce CO2 by 12,000 times compared to LCD signage. In printed paper, ePaper signage can reduce CO2 emissions by 60,000 times compared with printed paper.

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.

In the last 5 years, 900k digital signs have been deployed; those using LCD displays emit 20 times the level of CO2 vs. digital signage using E Ink displays.

Support and Implementation of the Sustainability Initiatives

We continue improving technologies and design of products to achieve the goal of net zero carbon emissions and developing low carbon sustainable green products. We also support and implement various sustainability initiatives. E Ink has not only joined the Climate Group and RE100, the global corporate renewable energy initiative led by CDP Worldwide, but we are also the first display manufacturer in Taiwan committed to accomplishing RE100 by 2030 and the first company in Taiwan that signed The Climate Pledge (TCP). E Ink is also a member of the Science Based Targets Initiative (SBTi). We accept independent assessment and verification based on the carbon reduction goals.

Creation of Friendly Workplaces and Communication of More Social Care

We offer competitive wages to our employees , train our talent proactively, and build friendly and happy workplaces by planning different welfare measures and activities. We received the award of "Best Companies to Work for in Asia 2021" for these achievements.

The "eRead for the Future" program is now in its 5th year. In 2021, we invited our partners in the ePaper ecosystem to participate in this social welfare activity, including Rakuten Kobo, Netronix, Fitipower, Uniflex, Global Lighting, Henghao and Innolux. Together we donated 370 Kobo Forma eReaders and 19,240 eBooks. The total donation value was up to NT$37.74 million with the book value calculated based on the licensing model of public libraries. Over the past 5 years the "eRead for the Future" project has donated to 98 schools and 19 libraries with 1,986 eReaders and nearly 160 thousand eBooks, assisting more than 30,000 students. The total donation value is up to NT$173.34 million.

Pursuit of Steady Profit and Commitment to a Sustainable Environment

This year is the 30th anniversary of E Ink. We have operated the business very carefully over the past years. Our management team led the transformation of the Company during the changing environment of the display industry. Our business in 2021 was very positive thanks to the efforts of all of our employees. The annual operating profit reached a record high in the past ten years. The net profit and EPS were at the second highest in the history. The ROE grew by two times in comparison with the level in 2017, creating maximized profit for the shareholders.

CEO Messages｜E Ink Sustainable Management

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