Melville, NY (June 1, 2022) — Realizing a sustainable society by creating new value through business and research and development activities is the focus of the sustainability report for 2022 recently published by Canon Inc., the parent company of Canon U.S.A. Inc., a leader in digital imaging solutions.
The report highlighted Canon’s commitment to reducing the environmental impact of products through their respective life cycles while respecting the human rights of all stakeholders involved in its business activities.
Contributing to solving social issues through its business and research-and-development comprised the report’s key tenet of creating value. Initiatives in the medical field were specifically emphasized, with a focus on diagnostic imaging, health information technology and in-vitro diagnostics to help contribute to maintaining wellness and preventing and recovering from disease.
Climate concerns also garnered in-depth analysis. Among the report’s stated goals for Canon was the reduction of C02 emissions by recycling used toner cartridges and remanufacturing multifunction devices. For the past 14 years, Canon has set an environmental target of improving lifecycle C02 emissions per product per year by three percent, with the company continuing to achieve that target through initiatives such as conversation-in-design, production, and distribution.
The 148-page report features information disclosures in line with the Task Force on Climate-related Financial Disclosures (TCFD), intellectual property strategies, human resources strategies, financial strategies, and other information required for integrated reporting.
“Canon’s commitment to addressing climate concerns remains steadfast as we continue our efforts to decrease our environmental footprint,” said Shinya Fukuda, vice president and general manager, Canon U.S.A. Inc. “Keeping our philosophy of Kyosei in mind, Canon U.S.A. will continue to emphasize corporate social responsibility as a key tenet of our operation.”
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About Canon U.S.A. Inc.
Canon U.S.A. Inc. is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.6 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), as of 2021 has ranked in the top-five overall in U.S. patents granted for 36 consecutive years† and was one of Fortune magazine’s World’s Most Admired Companies in 2022. Canon U.S.A. was featured in Newsweek’s Most Loved Workplaces list for 2021, ranking among the top 100 companies for employee happiness and satisfaction at work. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility.
