Initiatives to Realization of Carbon Neutrality

In January 2024, we updated our metrics for the realization of carbon neutrality to “Reduce Scope 1 and 2 emissions by 42% by 2030 (from 2022 levels),” and added “Reduce Scope 3 (Category 1, 11) emissions by 25% by 2030 (from 2022 levels).”

Canon MJ is working to reduce CO₂ emissions not only internally, but also throughout the entire value chain. In 2024, we started conducting engagement with major suppliers with the aim of calculating and reducing their CO₂ emissions. We collected information on our suppliersʼ environmental response infrastructure and information necessary for our own Scope 3 reduction, and based on such information, we revised our own calculation logic for Scope 3 emissions.We will continue to engage with suppliers with the aim of reducing CO₂ emissions throughout the value chain.

Canon MJ used the “2024 problem” in logistics as an opportunity to improve the logistics of consumer products such as cameras, lenses, and printers. We reduced the number of vehicles used for transportation and deliveries between our warehouses and business partner warehouses by approximately 400, and as a result, reduced CO₂ emissions by 266 tons compared to the previous year. Through repeated discussions with stakeholders, we reviewed transportation loading efficiency, delivery methods, and product return operations, which contributed to the improvement of the working environment not only for our own company, but also for logistics companies. Going forward, we will continue to make further improvements to our logistics operations with the aim of rolling out these improvements across the entire Canon MJ Group.

As a member of the Japan Business Machine and Information System Industries Association (JBMIA), Canon MJ is participating in a joint delivery project, aiming for a higher loading efficiency and the use of fewer delivery vehicles, which are difficult to achieve when cargo is delivered only by one company. In 2024, this project received the Logistics Digital Transformation and Standardization Award (Ministry of Economy, Trade and Industry) at the Excellent Logistics Partnership Commendation Program 2024 organized by the Ministry of Economy, Trade and Industry and the Ministry of Land, Infrastructure, Transport and Tourism.

In 2024, we began offering services at the Nishi-Tokyo Data Center, owned and operated by Canon ITS, that provide environmental value, such as reducing CO₂ emissions by utilizing renewable energy. This service enables customers to substantially reduce the CO₂ emissions from their electricity usage by purchasing Non-Fossil Certificates from Canon ITS.

DigitalWork Accelerator (DWA), developed by the Canon MJ Group and provided to customers, is a cloud service that digitally consolidates and manages various documents exchanged between companies, enabling smooth information coordination and advanced information utilization. In addition to complying with the Act on Preservation for Documents by Means of Computers, the service also realizes safe and secure data sharing between companies and the preservation of information assets. Digitizing operations that were previously performed on paper helps to reduce energy related to printing on paper. In 2024, we visualized the effects of reducing CO₂ emissions through the introduction of DWA at the Canon MJ Financing & Accounting Headquarters. By introducing DWA to our customers, we aim to contribute to energy conservation across society as a whole.

At Canon MJ, we have created Global Warming Action Plan and submitted them to the Tokyo Metropolitan Government under its Obligation to Reduce the Total Amount of Greenhouse Gas Emissions and Emissions Trading System. We disclose the following plans for the Canon MJ headquarters (CANON S TOWER), which is covered by the system.