Lexmark International, Inc., commonly known as Lexmark, is a prominent player in the computer and related services industry, headquartered in the United States. Founded in 1991, Lexmark has established itself as a leader in providing innovative printing and imaging solutions, serving a diverse range of sectors globally.
With a strong focus on managed print services, document management, and enterprise software, Lexmark distinguishes itself through its commitment to sustainability and efficiency. The company has achieved significant milestones, including advancements in cloud-based solutions and smart printing technologies, which enhance productivity for businesses of all sizes.
Recognised for its robust market position, Lexmark continues to receive accolades for its cutting-edge products and exceptional customer service, solidifying its reputation as a trusted partner in the evolving landscape of digital transformation.
+22 vs industry average
Lexmark’s score of 64 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Computer Services is among the least carbon-intensive industries
Industry performance
The Computer Services industry has reduced its overall emissions by 11% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lexmark's reported carbon emissions
Lexmark, headquartered in the US and operating in the Computer and related services industry, has made significant commitments to reducing its carbon footprint.
For the reporting year 2023, Lexmark reported total Scope 1 and 2 emissions of approximately 59,392,000 kg CO2e. This included Scope 1 emissions totalling approximately 7,941,000 kg CO2e and Scope 2 emissions (market-based) of approximately 29,072,000 kg CO2e. Their Scope 3 emissions for the same year were substantial, amounting to approximately 1,608,314,000 kg CO2e.
Looking at previous years, Scope 1 and 2 emissions for 2022 were approximately 70,448,000 kg CO2e (location-based), with Scope 3 emissions at approximately 2,129,648,000 kg CO2e. In 2021, Scope 1 and 2 emissions were approximately 68,202,000 kg CO2e (location-based), and Scope 3 emissions were approximately 1,959,650,000 kg CO2e. In 2020, total Scope 1 and 2 emissions were approximately 80,569,000 kg CO2e, with Scope 3 emissions totalling approximately 9,842,214,000 kg CO2e from the use of sold products alone.
Lexmark has established several key emissions reduction targets. The company has a goal to reduce Scope 1 and 2 emissions by 40% between 2015 and 2025. By the end of 2022, they had already achieved a reduction of 43% against this target. Furthermore, Lexmark is committed to reducing absolute Scope 1 GHG emissions by 27.5% by 2030, using a 2019 base year. They also aim to increase their annual sourcing of renewable electricity to 80% by 2025 and 100% by 2030. In addition, Lexmark has a Scope 3 target to reduce GHG emissions from the use of sold products by 22% per printer sold by 2030, also from a 2019 baseline.
Lexmark is pursuing a net-zero CO2 emissions goal for 2050, accompanied by rapid reductions in non-CO2 greenhouse gas emissions. They are also committed to carbon neutrality by 2035. These targets are aligned with Science Based Targets initiative (SBTi) standards.
It is noted that Lexmark's emissions data and targets are inherited from its corporate family, specifically from Lexmark International, Inc.
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Lexmark’s Climate Goals (2030 & 2050)
8 goals2025
40% reduction in all scopes
We have been focused on a previous goal to decrease Scopes 1 and 2 emissions by 40% from 2015 to 2025.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 8 climate goals
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Lexmark
Frequently asked questions
Common questions about Lexmark’s sustainability data and climate commitments
Data year: 2024
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