Lenovo has been awarded the prestigious EcoVadis Platinum Medal, a recognition that places the technology giant among the top 1% of companies worldwide for its outstanding sustainability practices. With a score of 85 out of 100, this achievement underscores Lenovo’s leadership in environmental, social, and governance (ESG) practices and highlights its ongoing commitment to sustainable business operations.
A Mark of Excellence in Sustainability
EcoVadis, a leading global provider of sustainability ratings, evaluates companies on a range of factors including environmental responsibility, labor and human rights, ethics, and sustainable procurement. Lenovo’s Platinum Medal reflects the company’s comprehensive approach to sustainability, particularly in the areas of greenhouse gas (GHG) management and decarbonization efforts.
In particular, Lenovo’s GHG management system has been recognized as best-in-class, a testament to the company’s robust strategies for carbon management. The award reflects Lenovo’s substantial progress towards its ambitious goal of achieving net-zero greenhouse gas emissions by 2050. As part of this commitment, Lenovo was among the first companies to have its science-based climate goals validated by the Science Based Targets initiative (SBTi) in early 2023, reinforcing its dedication to meeting global climate goals.
Strong Performance Across Sustainability Criteria
Lenovo’s sustainability performance extends beyond carbon management. The company has embedded environmental and social responsibility throughout its operations, from its global supply chain to product innovation. Lenovo’s efforts in sustainable procurement, ethical labor practices, and commitment to human rights are central to its overall sustainability strategy.
This recognition is part of a broader trend of accolades for Lenovo’s environmental and social governance practices. In January 2024, Lenovo maintained its AAA rating in MSCI’s rankings, and in September 2024, it received the highest score in the IT sector for environmental and social achievements in the Hang Seng Corporate Sustainability Index.
Building a Sustainable Future
Laura Quatela, Senior Vice President and Chief Legal & Corporate Responsibility Officer at Lenovo, commented on the significance of the Platinum Medal, stating, “This award is a critical milestone for Lenovo. Our focus on collaboration, accountability, and transparency in sustainability will continue to drive our efforts forward. We are committed to achieving our short-term and long-term sustainability objectives.”
Lenovo’s sustainability strategy is built on a foundation of credibility and collaboration, ensuring that its sustainability goals are not only ambitious but also actionable. As part of its ongoing commitment to a sustainable future, Lenovo continues to improve its sustainability management systems, demonstrating tangible results across key areas of environmental and social responsibility.
Conclusion
Lenovo’s EcoVadis Platinum Medal is a significant endorsement of its sustainability initiatives, reflecting the company’s leadership in environmental responsibility and decarbonization. With an eye on achieving net-zero emissions by 2050, Lenovo is positioning itself as a trailblazer in corporate sustainability within the global technology sector. As the company continues to make strides in its sustainability journey, this recognition serves as both a testament to its progress and a motivator for future success.
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