Olympus Achieves 100% Renewable Energy at Manufacturing Site in Vietnam Recognized by I-REC for CO2 Emissions Reductions through Renewable Energy Initiatives

July 1, 2025

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TOKYO, July 1, 2025 - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced that Olympus Vietnam Co., Ltd. (OVNC), an Olympus group company, has achieved 100% renewable energy usage for the period from July 2024 to March 2025. This achievement is verified through the International Renewable Energy Certificate (I-REC), an internationally recognized certification administered by the International Tracking Standard Foundation (I-TRACK).

OVNC has been gradually shifting to renewable energy through various initiatives, including the implementation of an onsite corporate Power Purchase Agreement (PPA)¹ model that utilizes rooftop space at the facility. Building on these efforts, OVNC has now achieved full renewable electricity coverage for its business activities. These initiatives are expected to reduce CO2 emissions by approximately 4,800 tons, equivalent to around 10% of Olympus’ total emissions. Olympus has already converted all electricity used at its domestic development and manufacturing sites² to renewable energy, and this achievement brings the company another step closer towards its goal of carbon neutrality. OVNC will continue to utilize I-REC and promote further CO2 reduction efforts, contributing to the realization of a carbon neutral society and circular economy.

1 A contractual arrangement in which electricity consumers purchase renewable energy power directly from power generators. In the on-site PPA model, power generation facilities are installed on the customer's premises, roof, or other space.

2 Excluding some service locations, some sales locations, etc.

Comment from Yasuo Takeuchi, Director, Representative Executive Officer, Executive Chairperson and ESG Officer

"Olympus is actively developing various initiatives to advance our ESG goals, in alignment with Our Purpose of making people's lives healthier, safer, and more fulfilling. By achieving 100% renewable energy usage at OVNC, we are progressing closer to our 2031 goal of net-zero greenhouse gas emissions from site operations. Olympus will continue to expand its use of renewable energy and advance environmental initiatives that reduce our ecological footprint and contribute to the realization of a carbon neutral society.”

About I-REC

I-REC is an international renewable energy attribute certificate issued in over 60 countries, including those in Asia, South America, Africa. It serves to verify the output and attributes of each megawatt hour generated from renewable sources. Electricity consumption covered by I-REC is recognized as renewable electricity.

About Olympus

At Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide innovative solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global LinkedIn and X accounts.