Canon achieves Science Based Targets initiative’s (SBTi) seal of approval on emission reduction targets

Canon’s (https://en.Canon-CNA.com/) CO₂ emission reduction targets have been externally validated by the Science Based Targets initiative (SBTi) as being in accordance with the 1.5 °C Paris Agreement.

• The Canon Group Science Based Targets have been verified by the SBTi. Specifically, these were the company’s 2030 targets of 42% absolute CO₂ reduction for scope 1 and 2 and 25 % for scope 3 (Category 1 and 11) versus base year 2022.
• Canon will continue to reduce CO₂ emissions in line with Canon's near-term environmental goals and SBTi standards, contributing to the decarbonisation of society as a whole.

Separately to the SBTi targets, Canon continues to reduce its product lifecycle CO₂ emissions per product by 3% year on year. If sustained, this will equate to roughly a 50% reduction in emissions from 2008 levels by 2030. Currently, the company is on track to achieve this target, having recorded an average improvement of 4.1% between 2008 – 2022. The cumulative reduction since 2008 amounts to 43%.

In the longer term, Canon is committed to working towards a low carbon future and aims to be net zero by 2050.

Read more about Canon’s sustainability commitments here (https://apo-opa.co/3urasIR).

SBTi is an international initiative that encourages companies to set greenhouse gas emission reduction targets based on climate science. It is jointly managed by four organizations: the United Nations Global Compact (UNGC), World Resources Institute (WRI), World Wide Fund for Nature (WWF), and CDP.

Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).

Media enquiries, please contact:
Canon Central and North Africa
Mai Youssef
E-mail: Mai.youssef@canon-me.com

APO Group - PR Agency
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E-mail: Rania.ElRafie@apo-opa.com

About Canon Central and North Africa:
Canon Central and North Africa (CCNA) (https://en.Canon-CNA.com/) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe. The formation of CCNA in 2016 was a strategic step that aimed to enhance Canon’s business within the Africa region - by strengthening Canon’s in-country presence and focus. CCNA also demonstrates Canon’s commitment to operating closer to its customers and meeting their demands in the rapidly evolving African market.

Canon has been represented in the African continent for more than 15 years through distributors and partners that have successfully built a solid customer base in the region. CCNA ensures the provision of high quality, technologically advanced products that meet the requirements of Africa’s rapidly evolving marketplace. With over 100 employees, CCNA manages sales and marketing activities across 44 countries in Africa.

Canon’s corporate philosophy is Kyosei (https://apo-opa.co/3SvVhrS) – ‘living and working together for the common good’. CCNA pursues sustainable business growth, focusing on reducing its own environmental impact and supporting customers to reduce theirs using Canon’s products, solutions and services. At Canon, we are pioneers, constantly redefining the world of imaging for the greater good. Through our technology and our spirit of innovation, we push the bounds of what is possible – helping us to see our world in ways we never have before. We help bring creativity to life, one image at a time. Because when we can see our world, we can transform it for the better.

For more information: https://en.Canon-CNA.com/