Canon Receives Top-level Supplier Engagement Leader Award by International Non-profit Organization CDP Program Recognizing Supplier Engagement
SINGAPORE, 27 March 2023 — Canon Inc. announced today that the company has been named a Supplier Engagement Leader in the 2022 CDP Supplier Engagement Rating by the U.K. based non-profit organization CDP1 in recognition of Canon’s effective engagement with suppliers towards efforts to respond to climate change.
The Supplier Engagement Rating recognizes companies that work effectively with suppliers towards efforts to respond to climate change. Companies from around the world are surveyed, with only those in the top 8% earning the title of Supplier Engagement Leader.
Under its corporate philosophy of kyosei, Canon aims to realize a society that achieves a beneficial balance between lifestyle enrichment and the environment. In 2008, the company launched its Action for Green environmental vision. With the target of an average annual 3% improvement in the index of lifecycle CO2 emissions per product unit, Canon aims to sustainably reduce product lifecycle CO2 emissions not only at its own facilities, but also emissions of its partners throughout the company’s supply chain. In addition, key environmental data including CO2 emissions is verified and guaranteed2 by a third party entity.
Furthermore, in regards to its suppliers, Canon pursues environmental activities and initiatives based on its understanding and adherence to the Canon Supplier Code of Conduct and the Canon Green Procurement Standards, both of which are modeled after the RBA Code of Conduct.
Canon recognizes that such initiatives for sustainability led to its selection as a Supplier Engagement Leader.
Together with its suppliers, Canon promotes initiatives towards net-zero CO2 emissions throughout the lifecycle of its products.
About Canon Singapore Pte. Ltd.
Canon is a global leader in photographic and digital imaging solutions. Canon Singapore Pte. Ltd. is the headquarters for South & Southeast Asia driving sales, marketing and service strategies. Besides handling the domestic market, the company covers 22 other countries and regions including subsidiaries in India, Malaysia, Thailand and Vietnam. The parent company Canon Inc. has a global network of more than 300 companies and employs about 180,000 people worldwide. Canon is guided by its kyosei philosophy that focuses on living and working together for the common good.
More information is available at https://sg.canon.
1 Established in 2000. Acting on behalf of such organizations as institutional investors and major consumer businesses, the CDP supports a singular global system whereby businesses and cities measure, disclose, manage and share important environmental information including climate change countermeasures, water resource conservation and forestry protection. In 2022, 18,700 corporate enterprises responded to information requests.
2 Canon has received third-party assurance from Lloyd’s Register Quality Assurance Limited (LRQA). For more information, please visit the following website: https://global.canon/en/environment/third-party-guarantee.html.