Canyon
Canyon Bicycles GmbH, commonly known as Canyon, is a leading manufacturer of high-performance bicycles headquartered in Koblenz, Germany. Founded in 1985, Canyon has established itself as a prominent player in the cycling industry, particularly in Europe and North America. The company is renowned for its innovative direct-to-consumer model, which allows cyclists to purchase premium bikes at competitive prices. Canyon's core offerings include road, mountain, and triathlon bikes, distinguished by their cutting-edge design and engineering. The brand has garnered numerous accolades for its commitment to quality and performance, positioning itself as a favourite among professional athletes and cycling enthusiasts alike. With a focus on sustainability and technological advancement, Canyon continues to push the boundaries of cycling, making it a notable name in the global market.
DitchCarbon Score
How does Canyon's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Canyon's score of 16 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Canyon's reported carbon emissions
Canyon Bicycles GmbH, headquartered in Germany, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas (GHG) emissions across its value chain by 2050. Although specific carbon emissions data for the most recent year is not available, the company has established significant near-term and long-term reduction targets. For the near term, Canyon aims to reduce absolute Scope 1 and 2 GHG emissions by 51% by 2032, using 2022 as the baseline year. Additionally, the company plans to decrease Scope 3 emissions by approximately 58.2% per bicycle produced within the same timeframe. Looking towards the long term, Canyon has committed to a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 97% reduction in Scope 3 emissions per bicycle produced. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global goal of limiting temperature rise to 1.5°C. Canyon's comprehensive approach to emissions reduction reflects its commitment to sustainability and responsible manufacturing practices within the consumer durables sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Canyon is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
