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Canon Inc
Canon's GHG Emissions Data Preview
In 2024, Canon completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Canon has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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bVerified Sources Behind Canon’s Greenhouse Gas (GHG) Emissions Data
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Insights into Canon's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCanon amounted to1,045,113metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Canonincreased by 0.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Canon's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Canon's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Canon were 197,992 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Canon's Scope 1 emissions increased by 22.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Canon's Scope 2 emissions?
In 2024, Canon reported Scope 2 greenhouse gas (GHG) emissions of 732,929 tCOâ‚‚e using the market-based method and 847,121 tCOâ‚‚e using the location-based method.a
Has Canon reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Canon's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Canon's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does Canon use for Scope 2 reporting?
In 2024, Canon reported its Scope 2 emissions using the market-based method and using the location-based method.a
Canon's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Canon's Value Chain Emissions
In 2024, Canon reported 7,172,953 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Canon includes a breakdown across 15of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Canon's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Canon's Scope 3 emissions?
In 2024, Canon reported total Scope 3 emissions of 7,172,953 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 66.36%of these emissions originated from upstream activities such as purchased goods and capital goods, while 33.64%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Canon reduced its Scope 3 emissions over time?
Since 2019, Canon's Scope 3 emissionshave remained relatively stable, indicating that Canon's emissions have plateaued with no significant change in its value chain footprint.ac
Compared to the previous year (2023), Canon's Scope 3 emissions remained relatively stable, indicating that Canon's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Canon disclose?
In 2024, Canon reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Canon's Scope 3 emissions?
In 2024, the largest contributors to Canon's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 3,200,909 tCOâ‚‚e(44.62%)
- Use of Sold Products (Cat. 11): 2,196,011 tCOâ‚‚e(30.62%)
- Capital Goods (Cat. 2): 732,848 tCOâ‚‚e(10.22%)
Canon's Scope 3 Emissions by Categories
Insights into Canon’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Canon reported Scope 1 greenhouse gas (GHG) emissions of 197,992 tCOâ‚‚e and total revenues of USD 28,726 millions. This translates into an emissions intensity of 6.89 tCOâ‚‚e per millions USD.a
Canon's Scope 1 Emissions Intensity Compared to Peers
How does Canon's GHG emissions intensity compare to its peers?
In 2024, Canon reported a Scope 1 emissions intensity of 6.89 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Canon rank on GHG emissions intensity within its industry?
In 2024, Canon ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Canon is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Canon's Total Carbon Footprint
In 2024, Canon reported a total carbon footprint of 8,218,066 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.31% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Canon's total carbon footprint was Scope 3 emissions, accounting for 87.28% of the company's total carbon footprint, followed by Scope 2 emissions at 10.31%.a