Canon Named a Leader in IDC MarketScape: Worldwide Sustainability Programs and Services Hardcopy
Canon Inc. announced on 13 February 2024 that it was named a “Leader” in “IDC MarketScape for Worldwide Sustainability Programs and Services Hardcopy 2023 Vendor Assessment1,” the latest report from IDC, a US-based IT research firm. This report marks the first corporate assessment from the perspective of sustainability.
The survey evaluated 11 of the world's hardcopy vendors across metrics such as corporate strategies, business operations and products in the context of sustainability. As sustainability initiatives have recently become crucial in business decision-making, companies who are procuring printing-related products or services can use the results of this survey as a guide when selecting vendors.
According to IDC MarketScape, “Organizations should consider Canon if they are looking for a hardcopy vendor that offers a holistic approach to cover every facet of sustainability, spanning business operations, products and business models, and governance/compliance. Canon should also be considered by those organizations looking for a supplier that can help the company advance its own sustainability objectives through the deployment of innovative solutions and technology.”
Since 1988, Canon has adopted the corporate philosophy of “kyosei” and has aspired to create a society in which all people live and work together harmoniously for the common good for many years to come, regardless of culture, custom, language or ethnicity. Based on this corporate philosophy, Canon has also 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, it has achieved a cumulative improvement of 44.2% (preliminary figures2) by 2023. By 2030, it aims to reduce emissions by 50% from the 2008 baseline, and by 2050 aims to cut its CO2 emissions across product lifecycles to net zero by working together with society.
Canon is committed to continue actively working toward the realization of a sustainable society through all of its corporate activities.
About IDC MarketScape
IDC MarketScape’s vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Canon Hongkong Company Limited
Canon Inc. (TSE:7751 / NYSE:CAJ) was founded in 1937 in Japan. Its predecessor, Precision Optical Instruments Laboratory, produced Japan's first 35 mm focal-plane-shutter camera “Kwanon” in 1934. From there, Canon Inc. expanded into the photocopying and printing industries, launching Japan's first plain-paper copier NP-1100 in 1970 and the world's first inkjet printer BJ-80 in 1985. Through the years, Canon Inc. has acquired in-depth experience in digital imaging product manufacturing, research and development. Pioneering in innovative products development, Canon Inc. hold the most technology patents in the imaging industry. Canon Inc. also makes significant contribution to promote photography. Today, Canon Inc. has a strong global presence, representing one of the most important market players in the imaging, office and industrial product categories. As of 31 December 2021, Canon's global revenue was US$30.55 billion.
In 1971, Canon Hongkong Co., Ltd. (Canon Hong Kong) was established as one of the first Canon offices in Asia. Canon Hong Kong is a Total Imaging Solution provider, providing professional pre-sales, marketing and after-sales services for all Canon products and solutions in Hong Kong and Macau. With the solely owned subsidiary Canon Business Solutions (Guangdong) Co., Ltd. established in 2018, the company continues to deliver intelligent total business solutions and professional services to Greater Bay Area. Canon Hong Kong adheres to Canon’s corporate philosophy of “Kyosei”, encouraging the company and staff to engage social, charitable and environmental activities for the community. Implementing internationally-recognized management system, Canon Hong Kong has achieved ISO 9001, ISO 14001, ISO 45001 and ISO 27001 (Canon Digital Production Center) certifications.
For more information about Canon Hong Kong, please visit our website: https://hk.canon.
1 IDC MarketScape for Worldwide Sustainability Programs and Services Hardcopy 2023 Vendor Assessment（doc # US49892223, Dec 2023）
2 As of January 31, 2024
