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.
+19 vs industry average
Lexmark’s score of 59 is higher than 69% 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 19% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lexmark's reported carbon emissions
Lexmark, a US-based company in the Computer and related services (72) industry, reported its greenhouse gas (GHG) emissions for 2023, with total emissions amounting to approximately 1.68 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, Lexmark's Scope 1 emissions were approximately 7.94 million kg CO2e, primarily from stationary combustion. Scope 2 emissions, calculated on a market-based approach, were about 29.07 million kg CO2e, while the location-based calculation was approximately 51.45 million kg CO2e. Scope 3 emissions were substantial, totalling approximately 1.61 billion kg CO2e, with the use of sold products being the largest contributor.
Looking at earlier years, Lexmark's total emissions in 2022 were approximately 2.14 billion kg CO2e, with Scope 1 emissions at about 13.00 million kg CO2e and Scope 2 (market-based) at roughly 45.27 million kg CO2e. Scope 3 emissions in 2022 were approximately 2.13 billion kg CO2e. In 2021, total emissions were around 1.97 billion kg CO2e, with Scope 1 at approximately 11.46 million kg CO2e and Scope 2 (market-based) at about 61.19 million kg CO2e. Scope 3 emissions in 2021 were approximately 1.96 billion kg CO2e.
Lexmark has established several climate commitments and reduction targets. The company is committed to reducing absolute Scope 1 GHG emissions by 27.5% by 2030 from a 2019 base year. Additionally, Lexmark aims to increase its annual sourcing of renewable electricity to 80% by 2025 and 100% by 2030. They also have a commitment to reduce absolute Scope 3 GHG emissions from the use of sold products by 22% per printer sold by 2030, also from a 2019 baseline.
Lexmark has achieved some of its prior goals, having already reduced Scopes 1 and 2 emissions by 43% by the end of 2022 against a previous goal of a 40% reduction from 2015 to 2025. The company has also set a goal for carbon neutrality by 2035 and is pursuing a net-zero CO2 emissions goal for 2050, with rapid reductions in non-CO2 GHG emissions.
Emissions data for Lexmark is reported directly by the organisation.
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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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