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Canyon Bicycles GmbH, headquartered in Germany, is a prominent name in the cycling industry, specialising in the design, sale, maintenance, and repair of high-performance bicycles and related accessories. Established in 2002, the company has grown rapidly, becoming renowned for its innovative approach and direct-to-consumer sales model, primarily serving markets across Europe and beyond.
While primarily recognised for its cutting-edge road, mountain, and e-bikes, Canyon also offers a comprehensive range of parts and accessories, setting it apart through quality and technological integration. Its commitment to engineering excellence and customer satisfaction has positioned Canyon as a leading player in the competitive bicycle industry, continually pushing the boundaries of cycling performance and design.
48
DitchCarbon score
+9 vs industry average
Canyon Bicycles GmbH’s score of 48 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Motor Vehicle Retail Services has below-average carbon intensity
Industry performance
0.167
20182025
The Motor Vehicle Retail Services industry has reduced its overall emissions by 38% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Canyon Bicycles GmbH's reported carbon emissions
Canyon Bicycles GmbH, headquartered in Germany, reported its 2022 Scope 1 emissions as 726,000 kg CO2e, Scope 2 emissions as 88,000 kg CO2e, and Scope 3 emissions as 82,800,000 kg CO2e.
The company has set Science Based Targets initiative (SBTi) approved targets. Canyon Bicycles GmbH commits to reaching net-zero greenhouse gas (GHG) emissions across its value chain by 2050.
For near-term targets, Canyon Bicycles GmbH aims to reduce absolute Scope 1 and 2 GHG emissions by 51% by 2032, using 2022 as a base year. Additionally, it commits to reducing Scope 3 GHG emissions by 58.2% per bicycle produced within the same timeframe.
For long-term targets, Canyon Bicycles GmbH intends to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year. The company also plans to reduce Scope 3 GHG emissions by 97% per bicycle produced by 2050.
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Canyon Bicycles GmbH’s Climate Goals (2030 & 2050)
4 goals2032
58.2% reduction in scope 3 downstream
Canyon Bicycles GmbH commits to reduce scope 3 GHG emissions 58.2% per bicycle produced within the same timeframe.
Insufficient data58.2%
2032
51% reduction in Scope 1
Canyon Bicycles GmbH commits to reduce absolute scope 1 GHG emissions 51% by 2032 from a 2022 base year.
Insufficient data51%
2032
51% reduction in Scope 2
Canyon Bicycles GmbH commits to reduce absolute scope 2 GHG emissions 51% by 2032 from a 2022 base year.
Insufficient data51%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
2032 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Canyon Bicycles GmbH5 days ago
48
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Frequently asked questions
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