We develop products and services to address the numerous challenges facing the medical field, including a shortage of healthcare professionals, an aging population, rising healthcare costs, and disparities in healthcare access across regions. Additionally, we recognize global business trends and challenges such as the need for increased focus on circularity, measurement and data sharing, water stewardship, biodiversity, social sustainability, and sustainability education and training. In 2024, we continued to invest in addressing Scope 3 emissions and effectively engaging consumers, while also addressing geopolitical tensions as potential barriers to sustainability investments in our supply chain.
I am proud that Canon Medical Systems continues promoting circular economy initiatives to reduce environmental impact throughout the product lifecycle.
Additionally, our plan to reduce Scope 1 and 2 CO2 emissions by 42% is progressing steadily. We have also set a target to reduce Scope 3 CO2 emissions by 25% by 2030, compared to our 2022 level.
Furthermore, we value coexistence with society and will fulfill our corporate social responsibility by strengthening relationships with local communities, employees, and customers through our corporate activities.
A strong governance structure is essential for a company to achieve sustainable growth. Canon Medical Systems has established a unified governance structure throughout the global group, enhancing management transparency and strengthening the relationship of trust with all stakeholders.
In addition, by strengthening internal controls and compliance, we aim to achieve sustainable growth while fulfilling our social responsibilities through early risk detection and prompt and appropriate responses. In this way, we strengthen governance and enhance credibility from a global perspective.
As we continue to face future challenges, we will promote environmental friendliness, social responsibility, and sustainable growth, and remain a trusted company in line with Canon Inc.
I am confident that our efforts will enhance the quality of life for people worldwide and contribute to the healthy development of society. I want to express my sincere gratitude to all our stakeholders for their ongoing support, and I am eager to collaborate with you throughout this endeavor.
Toshio Takiguchi, President and CEO, Canon Medical Systems Corporation