TOKYO, June 30, 2022—Canon Inc. announced today that the company has been awarded the Gold rating for its sustainability efforts by France-based international environmental organization EcoVadis. The award places Canon within the top 5% of companies globally.
EcoVadis assesses various criteria across the four themes of "Environment," "Labor & Human Rights," "Ethics " and "Sustainable Procurement." As worldwide scrutiny of corporate sustainability efforts increases, companies around the world now take into consideration the EcoVadis rating of potential clients and partners.
The 2022 survey evaluated over 90,000 companies from 200 industries spanning 160 countries, with the Canon Group receiving especially high marks in the areas of "Environment" and "Sustainable Procurement." What's more, this is the seventh year in which the Canon Group has received the Gold rating.
Going forward, Canon will strive to help achieve a sustainable society through all of its corporate activities.
Canon's initiatives for sustainability
Canon has been leading efforts to address environmental and social issues.
Canon has been working to reduce CO2 emissions throughout the product lifecycle encompassing the supply chain with the aim of achieving net zero emissions by 2050. This improvement is attributable to our having undertaken various environmental activities that include developing smaller and lighter products, streamlining logistics operations engaging in energy-saving initiatives at production sites, developing products that are energy-saving during use, and recycling products.
Moreover, Canon is committed to strengthening its initiatives to protect the dignity and rights of people and fulfilling its corporate social responsibility within the supply chain and honoring its RBA Code of Conduct* as a member of the Responsible Business Alliance (RBA), an industry coalition dedicated to ensuring socially responsible global supply chains.
For more information, please refer to the Sustainability page of Canon's global website, as well as the Canon Sustainability Report 2022.
Canon Press Release Source: Canon Global