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.
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.
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.
Lexmark's score of 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lexmark International, Inc. reported total carbon emissions of approximately 59,392,000 kg CO2e, comprising 7,941,000 kg CO2e from Scope 1 and 51,451,000 kg CO2e from Scope 2 emissions. The company has made significant commitments to reduce its carbon footprint, aiming for a 27.5% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030, using 2019 as the baseline year. Additionally, Lexmark plans to transition to 100% renewable electricity sourcing by 2030 and reduce Scope 3 emissions from the use of sold products by 22% per printer sold within the same timeframe. Historically, Lexmark's emissions have fluctuated, with Scope 1 emissions peaking at about 28,679,000 kg CO2e in 2005 and gradually decreasing to the current levels. The company’s commitment to sustainability aligns with industry standards, as it seeks to contribute to global efforts to limit temperature rise to well below 2°C.
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Add to project2005 | 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 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 committed to some reduction initiatives 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.