Lexmark has been declared a sustainability leader in the Quocirca 2023 Sustainability Vendor Landscape report. This recognition comes after Lexmark achieved CarbonNeutral manufacturer certification for its Mexico manufacturing plant and Lexington headquarters, increased its renewable energy usage, and received validation from the Science Based Targets initiative on emission targets.
The report also noted Lexmark’s reduction in energy consumption and emissions, and sustainable product design, and applauded initiatives like the Lexmark Cartridge Collection Programme and Lexmark Equipment Collection Programme.
- Lexmark has been named a Leader in the 2023 Sustainability Vendor Landscape report by Quocirca for the second consecutive year.
- Lexmark achieved CarbonNeutral® certification for its manufacturing plant in Mexico and its headquarters in Kentucky, as well as significant increases in renewable energy use.
- Lexmark’s sustainable product design, energy efficiency, and recycling programs were praised, and the company has committed to reducing single-use packaging, increasing the use of recycled plastics, and obtaining EPEAT and ENERGY STAR® certifications.
Stepping Up Sustainability Game
Today’s news brings us a notable achievement from the world of imaging and IoT solutions. With two consecutive years of recognition for sustainability efforts, a prominent player has once again proven its commitment to sustainable practices.
Lexmark Leads in Sustainability for Second Year Running
For the second year in a row, Lexmark, the global imaging and IoT solutions leader, has been named a Leader in the 2023 Sustainability Vendor Landscape report by Quocirca, the renowned print and market insight research firm. This accolade follows their inclusion in the 2022 Quocirca Sustainability Vendor Landscape, reinforcing their consistent efforts in the field of sustainability.
Significant Strides in 2023
In 2023, Lexmark has made three significant advances in its sustainability game. These include obtaining CarbonNeutral® manufacturer certification for its Mexican manufacturing plant and its Lexington, Ky. headquarters. The manufacturer also significantly ramped up its use of renewable energy. Lastly, Lexmark’s targets for Scope 1, 2, and 3 emissions received validation from the respected Science-Based Targets initiative (SBTi).
Quocirca Director Louella Fernandes remarked on Lexmark’s efforts:
“Lexmark sets a remarkable standard in the industry with its ambitious carbon neutrality goals, clearly demonstrating commitment to not only minimising its own energy consumption but also empowering customers, partners, and the wider industry to seize sustainability opportunities and overcome challenges.”
Progress in Sustainable Product Design and Energy Efficiency
The Quocirca report also highlighted Lexmark’s impressive strides in sustainable product design and energy efficiency. Between 2015 and the end of 2022, the company achieved a 26% reduction in energy consumption and a 43% reduction in Scope 1 and 2 emissions.
High Praise for Sustainability Programmes
Lexmark’s Cartridge Collection Programme (LCCP), Equipment Collection Programme (LECP), and Evergreen Remanufactured Hardware Programme were also commended in the report. Other commendable commitments include reducing single-use packaging by 50% by 2025, aiming for 50% Post-Consumer Recycled (PCR) plastics in Lexmark’s product portfolio by 2025, and ensuring 100% EPEAT and ENERGY STAR® certification within the hardware portfolio.
Lexmark Chief Sustainability Officer John Gagel expressed pride in their achievements:
“Lexmark has an extensive track record of eco-friendly practices, and we are proud to be acknowledged once again by Quocirca as a sustainability leader in the industry.”
Final Thoughts
Lexmark’s recognition as a sustainability leader for the second year running is no small feat. Their commitment to reducing their carbon footprint, enhancing energy efficiency, and promoting recycling is commendable. As we move towards a future where sustainability is no longer a choice but a necessity, it’s encouraging to see companies like Lexmark leading the way. Their efforts serve as a reminder to us all that each step we take towards sustainability counts.
FAQ
Q: What recognition has Lexmark received in the 2023 Sustainability Vendor Landscape report?
A: Lexmark has been named a Leader in the 2023 Sustainability Vendor Landscape report by Quocirca, marking two consecutive years that it has been recognized as a sustainability leader.
Q: What are the three significant advances highlighted for Lexmark in the report?
A: The report highlights three significant advances for Lexmark in 2023: achieving CarbonNeutral® manufacturer certification for its manufacturing plant in Mexico and its headquarters in Lexington, Ky, significantly increasing its use of renewable energy, and receiving validation from the Science Based Targets initiative (SBTi) for its targets for Scope 1, 2, and 3 emissions.
Q: What progress has Lexmark made in sustainable product design and energy efficiency?
A: Lexmark achieved a 26% energy consumption reduction from 2015 to the end of 2022 and a 43% reduction in Scope 1 and 2 emissions between 2015 and 2022. This demonstrates the company’s commitment to sustainable product design and energy efficiency.
Q: Which Lexmark programs received high praise in the report?
A: The Lexmark Cartridge Collection Programme (LCCP), Lexmark Equipment Collection Programme (LECP), and Lexmark Evergreen Remanufactured Hardware Programme received high praise in the report for their contribution to sustainability efforts.
Q: What are some other priorities and commitments noted by Quocirca for Lexmark?
A: Quocirca noted Lexmark’s commitment to reducing single-use packaging by 50% by 2025, achieving 50% Post-Consumer Recycled (PCR) plastics in its product portfolio by 2025, increasing PCR and reuse to 50% in cartridges and supplies by 2025, and continuing a goal of 100% EPEAT and ENERGY STAR® certification within the hardware portfolio.
Q: How does Lexmark demonstrate its commitment to the environment?
A: Lexmark Chief Sustainability Officer John Gagel stated that Lexmark’s commitment to the environment starts with the deliberate design of durable products and encompasses the services, solutions, and programs that minimize paper usage, encourage efficient utilization, and boost customers’ sustainability efforts.
Q: What does the Quocirca Sustainability Vendor Landscape report analyze?
A: The Quocirca Sustainability Vendor Landscape report analyzes sustainability in the broader print manufacturer ecosystem and provides an overview of the print industry’s sustainability efforts, with a focus on accelerating net-zero corporate sustainability and enhancing product circularity for customers.
