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Lenovo among first Group of companies to achieve Net-zero targets!

Lenovo says they are among the first group of companies to achieve Net-zero targets.
Lenovo among first Group of companies to achieve Net-zero targets!
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Lenovo says they lead in sustainability!

The brand says they now lead as an example in a world where corporate responsibility and environmental sustainability have become increasingly vital. They displayed their dedication to building a better and more sustainable planet.

The firm has published its 17h annual Environmental, Social, and Governance (ESG) Report, emphasizing its success in a variety of sectors such as renewable energy adoption, empowering local communities, and bridging the digital divide.

As a global company, we have seen the impact of climate change on our stakeholders and feel the urgency to combat it together,” said Yuanqing Yang, Lenovo’s CEO and Chairman. “In the last fiscal year, we were proud to affirm our commitment to reaching net-zero emissions by 2050 with net-zero targets validated by the Science Based Targets initiative (SBTi) and their first-of-its-kind Net-Zero Standard.

Lenovo's top role in sustainability strengthened this year when it became one of the first to have net-zero targets approved by the Science Based Targets initiative. The business is on track to meet its 2030 short-term emissions reduction goals, which include cutting Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions intensities by 66.5% from purchased goods and services, 35% from sold products, and 25% from upstream transportation and distribution. In order to lower its scope 3 (value chain) emissions, which are typically the highest and hardest to measure in an intricate, global supply chain, Lenovo is working with its suppliers.

The brand reaffirms its dedication to promoting sustainability with its entirety of innovations. By expanding the number of items using 'closed loop' recycled content from end-of-life IT and electronics, it has sped up its transition to a circular economy in the fiscal year 2022–2023. Recycled plastic was effectively blended into approximately 300 items by the international service provider, with the ThinkPad X1 laptops introduced at CES 2023 serving as a prime example. The battery enclosure of these laptops contains up to 97 percent Post Consumer Content (PCC) plastic, and the speaker enclosures and AC adaptor contain up to 95 percent PCC plastic.

In order to create a lasting impact, Lenovo believes in working together along its whole value chain. Thats the reason why the brand created the Lenovo 360 Circle, a sustainability community that supports and empowers Lenovo's downstream ecosystem. Lenovo 360 Circle enables channel partners to fully access Lenovo's sustainability agenda by fusing people, initiatives, and resources. The group encourages cooperation to handle environmental problems collectively and quicken the decarbonization of the IT sector.

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