Lenovo has released its comprehensive FY 2024/25 Environmental, Social, and Governance (ESG) Report, demonstrating significant progress toward its 2030 emissions reduction targets and reaffirming its commitment to achieve net-zero greenhouse gas emissions by 2050, aligned with the Science Based Targets initiative.
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Lenovo’s FY 2024/25 ESG Report Shows Strong Sustainability Progress
As the first generation of ESG key performance indicators approaches completion, this report marks a pivotal moment in Lenovo’s sustainability journey, showcasing measurable achievements across environmental, social, and governance dimensions.
Lenovo’s ESG Achievements & Recognition
| Category | Achievement | Organization |
|---|---|---|
| Environmental | Platinum Recognition | EcoVadis |
| ESG Rating | AAA Rating | MSCI ESG Ratings |
| Governance | Gold Award | Hong Kong Institute of CPAs |
| Supply Chain | #8 Global Ranking (ESG Score 9/10) | Gartner Top 20 Global Supply Chains |
| Social Impact | Best Workplace for People with Disabilities | Disability:IN (US, UK, Brazil) |
Environmental Progress Through Circular Economy
Lenovo continues accelerating environmental progress through active participation in the circular economy. The company maintains its focus on closed-loop recycled materials in products while empowering customers with sustainability services that facilitate repair, recycling, and reuse, effectively extending product lifecycles and keeping materials in circulation.
Social Impact and Community Engagement
The company’s social impact continues scaling globally. Lenovo’s annual Love on Month of Service achieved record-breaking results with a 44% increase in people reached through volunteerism by employees worldwide, demonstrating the company’s commitment to community engagement.
Governance and AI Leadership
Lenovo has strengthened its governance framework around its Smarter AI for All vision. In 2024, the company introduced a comprehensive AI governance policy aligned with commitments to the Canadian Government, UNESCO, and the European Commission.
Doug Fisher’s appointment as Chief AI Officer, in addition to his Chief Security Officer role, further embeds responsible innovation across the business.
Leadership Statement
Dave Carroll, Lenovo SVP, Chief Legal Officer and Corporate Responsibility Officer, emphasized the significance: “This year marks a significant milestone for Lenovo’s ESG journey. With our first generation of key performance indicators nearing completion, we’re proud of the progress we’ve made and are focused on building the foundation for our next chapter of ESG leadership.”
Future Commitments
Looking ahead, Lenovo remains committed to collaborative ESG approaches through partnerships with customers and suppliers, including initiatives like the Lenovo 360 Circle, advancing a shared vision for a more sustainable and inclusive future.
The full FY 2024/25 ESG Report is available at Lenovo’s investor relations website. For more updates on sustainability initiatives, visit Lenovo’s StoryHub.
FAQs
What is Lenovo’s target for net-zero emissions?
Lenovo aims to achieve net-zero greenhouse gas emissions by 2050, aligned with Science Based Targets initiative.
What recognition did Lenovo receive for its ESG efforts in 2024?
Lenovo earned Platinum Recognition from EcoVadis, AAA rating from MSCI, and ranked #8 in Gartner’s Global Supply Chains.
