Canon has been awarded the Platinum rating for the second consecutive year for its sustainability efforts by France-based global sustainability ratings organization EcoVadis. The award places Canon within the top 1% of companies assessed globally.
EcoVadis assesses over 150,000 companies spanning 185 countries and 250 industries according to various criteria across the four themes of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. As worldwide interest in corporate sustainability efforts increases, companies around the world now take into consideration the EcoVadis rating of potential clients and partners.
According to the company, in the environmental field, Canon aims to achieve net-zero greenhouse gas (GHG) emissions throughout entire product life cycles (Scope 1, 2, and 3) by 2050. Canon has also set science-based GHG emissions reduction targets in line with SBTi standards: by 2030, a 42% reduction in Scope 1 and 2 emissions and a 25% reduction in Scope 3 emissions (Category 1 and 11) compared to 2022 levels.
Canon has formulated the Canon Group Human Rights Policy as a declaration of its stance on human rights and implements human rights due diligence throughout the entire Group while carrying out activities to spread awareness among Group employees both in Japan and overseas through such methods as e-learning.