Lexmark
Lexmark International, Inc., commonly known as Lexmark, is a leading provider of printing and imaging solutions headquartered in the United States. Founded in 1991, the company has established a strong presence in North America, Europe, and Asia, focusing on the development of innovative technologies in the printing industry. Specialising in managed print services, enterprise software, and advanced printing solutions, Lexmark is recognised for its commitment to sustainability and efficiency. The company’s core products include multifunction printers, laser printers, and comprehensive document management solutions, all designed to enhance productivity and reduce operational costs. With a reputation for quality and reliability, Lexmark has achieved significant milestones, including numerous industry awards for innovation. Its strategic focus on customer-centric solutions positions Lexmark as a formidable player in the competitive printing market.
DitchCarbon Score
How does Lexmark's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lexmark's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lexmark's reported carbon emissions
In 2023, Lexmark International, Inc. reported total carbon emissions of approximately 1,608,323,370 kg CO2e across all scopes. This includes 7,940,900 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 29,071,930 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, approximately 1,603,000,000 kg CO2e, stem from Scope 3, which includes emissions from the use of sold products and other indirect sources. Lexmark has made significant strides in reducing its carbon footprint, achieving a 43% reduction in Scope 1 and 2 emissions from 2015 levels by the end of 2022, surpassing its initial target of 40% by 2025. The company is committed to further reductions, aiming for a 27.5% decrease in absolute Scope 1 emissions by 2030 from a 2019 baseline. Additionally, Lexmark plans to increase its annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030. In alignment with global climate initiatives, Lexmark has set a long-term goal of achieving net zero greenhouse gas emissions by 2050. This commitment includes a specific target to reduce Scope 3 emissions from the use of sold products by 22% per printer sold within the same timeframe. Lexmark's emissions data is cascaded from its parent company, Xerox Holdings Corporation, reflecting a corporate family relationship that influences its sustainability initiatives and reporting practices.
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| 2005 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 28,679,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 185,223,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lexmark is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
