Energy Efficiency, GHG Emissions, Industrial - January 19, 2023
Lenovo Commits to Net Zero Emissions By 2050, SBTI Gives Approval
Lenovo announced its goal to reach net-zero GHG emissions by 2050, which was validated and approved by the Science Based Targets initiative (SBTi).
The electronics company commits to reaching net-zero GHG emissions across the value chain by FY2049/2050 by reducing Scope 1 and 2 GHG emissions 50% by FY2029/2030 from a FY2018/2019 base year.
Lenovo also commits to reduce Scope 3 GHG emissions from use of sold products 35% on average for comparable products within the same timeframe, from purchased goods and services 66.5% per million US$ gross profit within the same timeframe and from upstream transportation and distribution 25% per ton-km of transported product within the same timeframe.
"As a global technology leader, Lenovo has been committed to reducing its emissions for more than a decade," said Lenovo Chairman Yuanqing Yang in a statement. "In the fight against climate change, we believe collaboration and accountability are the two critical elements needed for collective success. We remain dedicated to following climate science, standardizing our measurements, and seeking ongoing validation for our targets and progress."
Primary strategies for reducing Lenovo's emissions include reducing the environmental impact of its products, harnessing innovation to increase sustainability in its manufacturing, and decreasing emissions across its operations and value chain.
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