Canon

Canon's reported carbon emissions

Canon, a global leader in the electrical machinery and apparatus industry, headquartered in Japan, is actively addressing its carbon emissions and climate impact. For the fiscal year 2025, Canon reported total greenhouse gas emissions of approximately 7,774,000,000 kg CO2e. This total comprises Scope 1 emissions of about 184,000,000 kg CO2e, Scope 2 emissions of approximately 817,000,000 kg CO2e, and Scope 3 emissions amounting to roughly 11,604,000,000 kg CO2e. Canon has established ambitious climate commitments, including a near-term target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% and absolute Scope 3 GHG emissions (specifically categories 1 and 11) by 25% by 2030, using 2022 as the base year. These targets have been submitted to and approved by the Science Based Targets initiative (SBTi), aligning with the criteria for limiting global warming to 1.5°C. Furthermore, Canon aims to achieve net-zero CO2 emissions across its entire product lifecycle by 2050. The company's sustainability reports detail a commitment to reducing its environmental footprint. For instance, Scope 1 and 2 emissions have shown reduction progress, with Scope 1 and 2 emissions reduced by approximately 13.5% and Scope 3 emissions by approximately 17.0% in 2024 compared to 2022. Canon is also implementing initiatives such as improving the lifecycle CO2 emissions index per product, increasing the raw materials and usage CO2 emissions improvement index per product, and enhancing energy consumption efficiency at operational sites. Looking at historical data, Canon's total emissions in 2024 were approximately 7,828,000,000 kg CO2e, with Scope 1 at around 198,000,000 kg CO2e, Scope 2 at approximately 733,000,000 kg CO2e, and Scope 3 at roughly 6,897,000,000 kg CO2e. In 2023, total emissions were around 7,834,000,000 kg CO2e, comprising Scope 1 of about 203,000,000 kg CO2e, Scope 2 of approximately 755,000,000 kg CO2e, and Scope 3 of roughly 6,876,000,000 kg CO2e. Prior to 2023, Scope 3 emissions were reported at approximately 5,998,000,000 kg CO2e in 2022, showing an upward trend in Scope 3 emissions in recent reporting years, while Scope 1 and 2 emissions have seen fluctuations. For example, Scope 1 and 2 emissions in 2022 totalled approximately 1,068,000,000 kg CO2e, decreasing from approximately 1,060,000,000 kg CO2e in 2021.