Lenovo has announced new commitments to climate change mitigation, circular economy development, and sustainable materials.
The company shared its ESG progress and outlined plans to leverage smarter technology to create a brighter, more sustainable future for all in its annual Environmental, Social, and Governance Report.
Lenovo has committed to increasing energy efficiency by 50% for desktops and servers and 30% for notebooks and Motorola products by fiscal year 2029/30. Additionally, the company announced a goal of obtaining 90% of its electricity from renewable sources and eliminating one million tonnes of GHG emissions from its supply chain by fiscal year 2025/26.
These goals reinforce the company’s science-based 2030 targets, which include a 50% reduction in scope 1 and 2 emissions and a 25% reduction in emissions intensity across the value chain in three key areas: products, suppliers, and transportation.
The company is examining a path to net-zero climate emissions targets after being selected by the Science Based Targets initiative to evaluate science-based methodologies for achieving net-zero emissions.
“The urgency of combating climate change, protecting natural resources, investing in our communities, and conducting business with the highest ethical standards has only increased,” says Yang Yuanqing, chief executive.
“It is now up to global businesses and their leaders to continue strengthening our operations and communities over the coming months, years, and decades.”
Lenovo will continue to move toward a circular economy through supply chain and product design innovation, while also optimising the use of sustainable materials to reduce waste.
By FY 2025/26, 100% of PC products and 90% of plastic packaging will be made from recycled materials. By FY 2025/26, smartphone packaging will use 50% less single-use plastic and will shrink by 10% in size and volume. Additionally, Lenovo will facilitate the recycling and reuse of 363 million kilogrammes of end-of-life products and will have incorporated 136 million kilogrammes of post-consumer recycled plastics into its products.
Lenovo’s commitment to fostering an inclusive environment is fueled by social impact goals in addition to environmental goals. Lenovo has set new representation targets for FY 2025/26, with women accounting for 27% of global executive roles (up from 21% in 2020), and underrepresented minorities accounting for 35% of executive roles in the United States (compared to 29 percent in 2020). Lenovo’s Product Diversity Office, which will launch in 2020, aims to have 75% of its products vetted by inclusive design experts to ensure they work for everyone, regardless of physical attributes or ability, by fiscal year 2025/26.
By empowering under-represented communities with access to technology and STEM education, the company’s philanthropic approach enables smarter technology for all. Lenovo announced a goal of impacting 15 million lives through philanthropic programmes and partnerships by fiscal year 2025/26, with an additional goal of transforming the lives of one million people through career training, job skills development, and device ownership.