Latest news with #CanonInc
Al Bawaba
05-06-2025
- Business
- Al Bawaba
Canon Achieves EcoVadis Platinum Status
Canon announces that it has been awarded the prestigious Platinum rating for its sustainability efforts by global sustainability ratings organisation EcoVadis. This accolade places Canon in the top 1% of companies assessed is the first time Canon has achieved the Platinum level, demonstrating its dedication to sustainability and its position as a leader in the industry. The elevation to Platinum status followed a recent reassessment of its scorecard. The company's overall EcoVadis score has increased to 85% from 81%, reflecting the company's ongoing commitment to environmental, social, and ethical strong performance in the EcoVadis key assessment areas, highlights its comprehensive approach to sustainability:• Environment: Canon received a score of 90/100 for its environmental policy and performance, reflecting its commitment to sustainable product design and energy efficiency, and the circular economy.• Labour & Human Rights: Canon received a score of 82/100 for its Labour & Human Rights performance, reflecting its commitment to fair labour practices, diversity and inclusion.• Ethics: Canon received a score of 84/100 for its ethics performance, reflecting its commitment to ethical business conduct, transparency, and anti-corruption measures.• Sustainable Procurement: Canon received a score of 82/100 for its sustainable procurement performance, reflecting its commitment to responsible sourcing, supplier engagement, and conflict minerals due diligence. "We are incredibly proud to receive the EcoVadis Platinum rating," said Peter Bragg, EMEA Sustainability & Government Affairs Director at Canon EMEA. "This recognition validates our long-term commitment to sustainable business practices and our continuous efforts to improve our environmental and social impact. Achieving Platinum status and joining the top 1% of rated organisations will continue to drive our future focus on sustainability'. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Washington Post
24-04-2025
- Business
- Washington Post
Canon: Q1 Earnings Snapshot
TOKYO — TOKYO — Canon Inc. (CAJPY) on Thursday reported first-quarter earnings of $481.5 million. The Tokyo-based company said it had profit of 51 cents per share. The office machine company posted revenue of $7.06 billion in the period. Canon shares have fallen almost 8% since the beginning of the year. The stock has increased slightly more than 4% in the last 12 months.
Yahoo
24-04-2025
- Business
- Yahoo
Canon: Q1 Earnings Snapshot
TOKYO (AP) — TOKYO (AP) — Canon Inc. (CAJPY) on Thursday reported first-quarter earnings of $481.5 million. The Tokyo-based company said it had profit of 51 cents per share. The office machine company posted revenue of $7.06 billion in the period. Canon shares have fallen almost 8% since the beginning of the year. The stock has increased slightly more than 4% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CAJPY at Sign in to access your portfolio
Mid East Info
14-03-2025
- Business
- Mid East Info
Canon begins using scrap-recycled steel in printing products and supplying steel scrap from used MFDs to steel manufacturers in an effort to promote resource recycling
Canon Inc. announced today that the company will begin using recycled steel material (electric furnace steel sheets) in some printing products, including office multifunction devices (MFDs), home inkjet printers, large-format inkjet printers and commercial printing presses, that will be released in 2025. Going forward, Canon will gradually increase the number of products utilizing recycled steel. Electric furnace steel sheets are recycled materials produced in an electric furnace from steel scrap that has been collected from used products. Its use thereby reduces the input of new resources and increases the resource recycling rate. Furthermore, since CO2 emissions from the production of electric furnace steel sheets are about one-fifth of those from blast furnace steel sheets—common steel materials made from iron ore—their contribution to decarbonization is attracting attention. Steel is the second most used material by weight in Canon's printing products, following plastic. Canon has studied the characteristics of electric furnace steel sheets and optimized the processing method so that they could be used in products. The production of electric furnace steel sheets requires steel has been thoroughly separated from other materials including plastic and copper. Currently, Canon Ecology Industry Co., Ltd., one of Canon's group companies, finely separates steel scrap from collected used office MFDs and sells the refined steel scrap to Tokyo Steel Manufacturing Co., Ltd. (Tokyo Steel), an electric furnace steelmaker. The total amount of collected steel scrap provided to Tokyo Steel from April 2020 to March 2024 was more than 5,000 tons. Canon will supply steel scrap to Tokyo Steel, and in turn use the electric furnace steel sheets produced by Tokyo Steel to develop, design, and manufacture more sustainable products thereby promoting the recycling and effective use of limited resources. Resource Recycling Targets of Canon's Digital Printing Business: The resource recycling rate is a numerical figure indicating what proportion of the sales volume by weight of Canon's Printing Business utilizes recycled materials or components. Canon has set targets of 20% for 2025 and 50% for 2030, after recording a value of around 16% in fiscal 2022. Pursuing those targets, its globally located recycling operation sites are working to improve the sorting accuracy of recycled resources (ferrous, non-ferrous, plastic, etc.), improve the reuse rate of parts in recycled office multifunction devices, and increase the type and production volume of internally recycled materials. As a result of these activities to improve reuse and recycling, the resource recycling rate in 2023 improved to approximately 17%. Initiatives aimed at net zero CO2 emissions: Since 1988, Canon has adopted the corporate philosophy of Kyosei and based on this philosophy has been at the forefront of initiatives to protect the environment to build harmonious relationships with the Earth and the natural environment. Since 2008, the company has been working to achieve an annual average improvement of 3% in lifecycle CO2 emissions per product. As a result, since 2008 it has achieved an average annual rate of 3.95% (2008-2023) and a cumulative improvement of 44.4%. Canon will continue working to cut its CO2 emissions across product lifecycles and aims to achieve net zero emissions by 2050 through various activities.
Zawya
13-03-2025
- Business
- Zawya
Canon begins using scrap-recycled steel in printing products
DUBAI, UAE – Canon Inc. announced today that the company will begin using recycled steel material (electric furnace steel sheets) in some printing products, including office multifunction devices (MFDs), home inkjet printers, large-format inkjet printers and commercial printing presses, that will be released in 2025. Going forward, Canon will gradually increase the number of products utilizing recycled steel. Electric furnace steel sheets are recycled materials produced in an electric furnace from steel scrap that has been collected from used products. Its use thereby reduces the input of new resources and increases the resource recycling rate. Furthermore, since CO2 emissions from the production of electric furnace steel sheets are about one-fifth of those from blast furnace steel sheets—common steel materials made from iron ore — their contribution to decarbonization is attracting attention. Steel is the second most used material by weight in Canon's printing products, following plastic. Canon has studied the characteristics of electric furnace steel sheets and optimized the processing method so that they could be used in products. The production of electric furnace steel sheets requires steel has been thoroughly separated from other materials including plastic and copper. Currently, Canon Ecology Industry Co., Ltd., one of Canon's group companies, finely separates steel scrap from collected used office MFDs and sells the refined steel scrap to Tokyo Steel Manufacturing Co., Ltd. (Tokyo Steel), an electric furnace steelmaker. The total amount of collected steel scrap provided to Tokyo Steel from April 2020 to March 2024 was more than 5,000 tons. Canon will supply steel scrap to Tokyo Steel, and in turn use the electric furnace steel sheets produced by Tokyo Steel to develop, design, and manufacture more sustainable products thereby promoting the recycling and effective use of limited resources. Resource Recycling Targets of Canon's Digital Printing Business The resource recycling rate is a numerical figure indicating what proportion of the sales volume by weight of Canon's Printing Business utilizes recycled materials or components. Canon has set targets of 20% for 2025 and 50% for 2030, after recording a value of around 16% in fiscal 2022. Pursuing those targets, its globally located recycling operation sites are working to improve the sorting accuracy of recycled resources (ferrous, non-ferrous, plastic, etc.), improve the reuse rate of parts in recycled office multifunction devices, and increase the type and production volume of internally recycled materials. As a result of these activities to improve reuse and recycling, the resource recycling rate in 2023 improved to approximately 17%. Initiatives aimed at net zero CO2 emissions Since 1988, Canon has adopted the corporate philosophy of Kyosei and based on this philosophy has been at the forefront of initiatives to protect the environment to build harmonious relationships with the Earth and the natural environment. Since 2008, the company has been working to achieve an annual average improvement of 3% in lifecycle CO2 emissions per product. As a result, since 2008 it has achieved an average annual rate of 3.95% (2008-2023) and a cumulative improvement of 44.4%. Canon will continue working to cut its CO2 emissions across product lifecycles and aims to achieve net zero emissions by 2050 through various activities. -Ends- Media enquiries, please contact: Canon Middle East Mai Youssef e. Burson e. About Canon Middle East Canon Middle East, a subsidiary of Canon Europe, is the operational headquarters for Canon in the Middle East based in Dubai, UAE. Founded in 1937, the desire to continuously innovate has kept Canon at the forefront of imaging excellence throughout its 80-year history with its commitments to invest in the right areas and capture growth opportunities. From cameras to commercial printers, and business consultancy to healthcare technologies, Canon enriches lives and businesses through imaging innovation. Canon's corporate philosophy is Kyosei – 'living and working together for the common good'. In EMEA, Canon Europe pursues sustainable business growth, focusing on reducing its environmental impact and supporting customers to reduce theirs using Canon's products, solutions and services. Canon invests heavily in R&D, delivering the richest and most innovative products and services to satisfy customers' creative needs. From amateur photographers to professional print companies, Canon enables each customer to realise their own passion for image. Further information about Canon Middle East is available at
