Canon is working to convert 100% of the power used at the sites where it manufactures its printing products to renewable energy. In addition to this initiative, Canon newly obtained a renewable energy certificate (REC) which securitizes the environmental value of renewable energy. This allowed the company to convert[2] 100% of the power used in FY2023 at five locations among four manufacturing sites—Canon Suzhou, Canon Vietnam (Thang Long Factory and Tien Son Factory), Canon Hi-Tech Thailand (Ayutthaya Factory), and Canon Prachinburi Thailand—to renewable energy. Canon will continue to proactively utilize renewable energy and work to realize a sustainable society. [1] FY2023 Results [2] The usage rate of renewable energy in 2022 was approximately 58.1%.
