Company Profiles

Canon

Japan

As a leading supplier of office equipment, Canon excels in its environmental stewardship. Canon focuses on creating energy- and resource-efficient products, as well as eliminating hazardous substances. The company actively promotes recyclability in design, utilizes green procurement policies, and is aggressively working to reduce its climate change impact. Over 90% of Canon's entire product line is Energy Star certified, and energy consumed by its business machine products has decreased 30% from the year 2000. Canon's comprehensive Life-Cycle Assessment system drives environmental improvements for its products. The company also exemplifies the business case for the environment. In 2004 Canon saved ¥2.05 billion from energy conservation efforts, and in 2005 the company generated savings for its consumers in the amount of ¥37.2 billion via the reduced energy demands of its products. While Canon does a remarkable job recycling the products collected, Portfolio 21 has asked the company to increase the number of collection sites and programs available for individual consumers, and to reduce its use of waste-to-energy processing.

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 8/31/07 and may not reflect current opinions or subsequent events.