At a time when the world is seen grappling with serious environmental challenges, here is one company that is a cut above the rest for its remarkable commitment to green innovation – Yuan Tai Technology. The company is best known for its e-paper display that has been awarded a whopping 99.9 percent rating as a green product as per a green revenue analysis report released by FTSE Russell, TechNews reported.
Speaking at the 4th International Summit Forum on ESG Sustainability in Taiwan, Lee Cheng-hao highlighted the global shift towards ESG principles – Environmental, Social Responsibility, and Corporate Governance. With climate change threatening our planet, it’s imperative for companies to take proactive measures, and Yuan Tai has been at the forefront of this movement.
The company has revolutionized the tech industry with its groundbreaking development of e-paper displays which are known for their extremely frugal power requirements. No wonder, e-paper displays have become the staple of the e-reader industry and has also carved a niche in the E Ink tablet segment. E-Paper displays are now being used as smart indoor and outdoor digital signage as well as ESLs in large stores around the world.
Yuan Tai’s commitment to sustainability began over a decade ago with its foray into corporate social responsibility (CSR). Recognizing the potential of ESG, the company seamlessly integrated e-paper into its green product portfolio. This strategic move not only aligned with their values but also propelled them towards a sustainable path, focusing on environmental conservation, societal well-being, and robust corporate governance.
The genesis of e-paper technology can be traced back to the foresight of Yuan Tai’s founder, Ho Shou-chuan, who envisioned the transformation of traditional paper into a digital format over three decades ago. Despite Taiwan’s flourishing commercial printing industry at the time, Ho Shou-chuan laid the groundwork for the future by establishing Yuan Tai Technology. This visionary move set the stage for the company’s journey towards e-paper innovation and redefining its destiny.
Since its inception in 1992, Yuan Tai has continuously pushed the boundaries of technology. The acquisition of key players in the e-paper industry, including Philips, E Ink, and TPK Holding Co., solidified its position as a leader in the field. With nearly 6,500 global patents under its belt, Yuan Tai has built an impenetrable fortress of innovation, driving the e-paper revolution forward.
But Yuan Tai’s impact extends beyond technological advancement; it’s about sustainability at its core. e-Paper technology offers inherent energy-saving and low-carbon advantages, revolutionizing industries and promoting eco-friendly practices. From reducing carbon emissions in production to fostering smart cities, e-paper’s potential knows no bounds.
The statistics speak volumes – over the past five years, 130 million e-book readers have replaced printed books, resulting in a staggering reduction in CO2 emissions. Similarly, the adoption of e-paper labels globally has led to significant carbon savings, highlighting the transformative power of this technology.
Institutions like financial organizations have also embraced e-paper, witnessing tangible benefits in reducing paper usage and carbon footprint. With e-paper notebooks, the potential for CO2 emission reduction is substantial, showcasing how small changes can make a significant impact on our environment.
With a keen interest in tech, I make it a point to keep myself updated on the latest developments in technology and gadgets. That includes smartphones or tablet devices but stretches to even AI and self-driven automobiles, the latter being my latest fad. Besides writing, I like watching videos, reading, listening to music, or experimenting with different recipes. The motion picture is another aspect that interests me a lot, and I'll likely make a film sometime in the future.
