Canyon Bicycles GmbH, commonly known as Canyon, is a leading manufacturer of high-performance bicycles headquartered in Koblenz, Germany. Established in 1985, the company has made significant strides in the cycling industry, particularly in the realms of road, mountain, and triathlon bikes. Canyon is renowned for its direct-to-consumer sales model, which allows for competitive pricing without compromising on quality.
With a strong presence across Europe and expanding operations in North America, Canyon has positioned itself as a key player in the cycling market. The brand is celebrated for its innovative designs and cutting-edge technology, offering a range of products that cater to both amateur cyclists and professional athletes. Notable achievements include multiple awards for design and performance, solidifying Canyon's reputation as a pioneer in the cycling community.
+10 vs industry average
Canyon Bicycles GmbH’s score of 47 is higher than 68% 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
Motor Vehicle Retail Services has below-average carbon intensity
Industry performance
The Motor Vehicle Retail Services industry has reduced its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Canyon Bicycles GmbH's reported carbon emissions
In 2022, Canyon Bicycles GmbH reported total carbon emissions of approximately 83.5 million kg CO2e, comprising 726,000 kg CO2e from Scope 1, 88,000 kg CO2e from Scope 2, and about 82.8 million kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. For near-term targets, Canyon Bicycles GmbH has committed to reducing absolute Scope 1 and 2 emissions by 51% by 2032, using 2022 as the baseline year. Additionally, it aims to decrease Scope 3 emissions by 58.2% per bicycle produced within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions per bicycle produced by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the consumer durables sector. The emissions data and targets are cascaded from Canyon Bicycles GmbH, ensuring a cohesive approach to climate action across its operations.
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Canyon Bicycles GmbH’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Canyon Bicycles GmbH yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Canyon Bicycles GmbH
Frequently asked questions
Common questions about Canyon Bicycles GmbH’s sustainability data and climate commitments
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