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Lenovo Commits to net-zero emissions by 2050 validated by SBTi

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19.2559C6.93719 19.4122 7.14915 19.5 7.37016 19.5H13.2968C13.5178 19.5 13.7298 19.4122 13.8861 19.2559C14.0424 19.0996 14.1302 18.8877 14.1302 18.6667C14.1302 18.4457 14.0424 18.2337 13.8861 18.0774C13.7298 17.9211 13.5178 17.8333 13.2968 17.8333Z" fill="#4E444E"/> </svg> <span>Larger Font Size</span></div> </a></li></ul></li></ul><div class="toggle-navigation text-right"><div class="open"> <svg width="24" height="24" viewBox="0 0 24 24" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M3 5H21" stroke="white" stroke-width="1.5" stroke-linecap="round"/> <path d="M3 12H21" stroke="white" stroke-width="1.5" stroke-linecap="round"/> <path d="M3 19H21" stroke="white" stroke-width="1.5" stroke-linecap="round"/> </svg></div><div class="close"> <svg width="10" height="10" viewBox="0 0 10 10" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M8.53553 1.46449L1.46447 8.53556M8.53553 8.53556L1.46447 1.46449" stroke="white" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"/> </svg></div></div></nav><div id="main-content"><div id="singular-header" class="release-header"><div class="banner-bgs"><div class=""></div><div class="banner-image lazyload" style="background-image:inherit;" data-bg-image="url(&#039;https://news.lenovo.com/wp-content/uploads/2022/08/Brand-Image-BambooForest_G546200473-scaled.jpg&#039;)"></div></div><div class="banner-copy-wrapper "><div class="banner-copy-mobile-bg" style="background-image: url('');"></div><div class="container"><div class="grid-noBottom"><div class="col-6_md-12"><div class="banner-copy"><div class="breadcrumbs"> <span> <span> <a href="https://news.lenovo.com/" class="home">Lenovo StoryHub</a> / <a href="https://news.lenovo.com/pressroom/press-releases/" class="">Press Releases</a> / <a href="https://news.lenovo.com/storyhub/citizenship/">Corporate Citizenship</a> / </span> </span></div><h1>Lenovo Commits to Net-Zero Emissions by 2050, Validated by Science Based Targets initiative</h1><p>Lenovo announced its goal to reach net-zero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi),</p></div></div></div></div></div></div><div class="container"><div id="singular-content" class="grid-noBottom"><div id="singular-article" class="col-8_md-12" data-push-left="off-2_md-0"><div id="singular-info" class="grid-noBottom"><div class="col"> <span class="article-date">19 January 2023</span></div><div class="col text-right"> <span>Read in:</span> <a class="lang-item en-item lang-selected" href="https://news.lenovo.com/pressroom/press-releases/lenovo-commits-net-zero-by-2050-validated-by-science-based-targets-initiative/">English</a> <a class="lang-item pt-item" href="https://news.lenovo.com/pressroom/press-releases/lenovo-commits-net-zero-by-2050-validated-by-science-based-targets-initiative/?lg=pt">Portuguese</a></div></div><div id="tm-player"></div> <script>var textSelector = '#singular-article'; var js = document.createElement('script'); js.type = 'text/javascript'; js.setAttribute('data-player-id', '2900003190'); js.src = 'https://trinitymedia.ai/player/trinity/2900003190/?textSelector=' + encodeURIComponent(btoa(textSelector)); document.getElementById("tm-player").appendChild(js);</script> <article id="post-22673" class="trythis"><div class="wpb-content-wrapper"><div class="vc_row wpb_row vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="wpb_text_column wpb_content_element" ><div class="wpb_wrapper"><p><em><span class="TextRun SCXW203693983 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW203693983 BCX0">Lenovo is in the first group of companies to receive net-zero validation from </span><span class="NormalTextRun SCXW203693983 BCX0">Science</span><span class="NormalTextRun SCXW203693983 BCX0"> Based Targets initiative</span><span class="NormalTextRun SCXW203693983 BCX0">, making it <span class="TextRun Highlight SCXW9982432 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW9982432 BCX0">the first PC and smartphone maker</span></span><span class="TextRun SCXW9982432 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW9982432 BCX0"> and </span></span>one of only 139 </span></span><span class="TextRun SCXW203693983 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW203693983 BCX0">companies around the world with targets validated by the Net-Zero Standard</span><span class="NormalTextRun SCXW203693983 BCX0">.</span></span><span class="EOP SCXW203693983 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></em></p><p><b><span data-contrast="none">January 19, 2023 </span></b><span data-contrast="none">–&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span><span data-contrast="none">Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced its goal to reach net-zero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi), a partnership between the UN Global Compact, CDP, World Resources Institute and World Wide Fund for Nature – making it <span class="TextRun Highlight SCXW32710311 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW32710311 BCX0">the first PC and smartphone maker</span></span> and one of only 139 </span><span data-contrast="none">companies in the world with a net-zero target validated by SBTi.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">By working with SBTi and aligning to their Net-Zero Standard (the world’s first), Lenovo is taking a scientific, collaborative and accountable approach to reducing emissions.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">“As a global technology leader, Lenovo has been committed to reducing its emissions for more than a decade,” said Lenovo Chairman Yuanqing Yang. “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.”&nbsp;&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><div class="video-container"><iframe title="Lenovo committed to Net-Zero emissions by 2050" width="500" height="281" data-src="https://www.youtube.com/embed/rjkhs-TNmn8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" data-load-mode="1"></iframe></div><p><span data-contrast="none">Aligning goals to the SBTi helps hold companies accountable for their emissions reduction. Without aligning to SBTi, it is difficult to validate or know when a net-zero target is reached. This is because:</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p><ol><li><b><span data-contrast="none">Standardization</span></b><span data-contrast="none">: SBTi is the first body to standardize what net-zero means as it relates to the effort to limit global warming to 1.5 degrees Celsius.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></li><li><b><span data-contrast="none">Adaptation</span></b><span data-contrast="none">: SBTi’s standard is dynamic and responsive to companies’ collective effort and the changing temperature of the planet.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></li><li><b><span data-contrast="none">Accountability</span></b><span data-contrast="none">: While 2050 seems far away for many, many leaders making commitments today may not be in their positions in 27 years. Aligning goals to reduce climate change to an external body provides accountability and continuity.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></li></ol><p><span data-contrast="auto">“Climate science tells us that we need rapid and deep emissions cuts if we are to achieve global net-zero and prevent the most damaging effects of climate change,” said Luiz Amaral, Chief Executive Officer of the Science Based Targets initiative. “Lenovo’s net-zero targets match the urgency of the climate crisis and set a clear example that their peers must follow.”</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p><p><span data-contrast="none">Lenovo’s long-term 2050 goals coincide with its </span><a href="https://news.lenovo.com/pressroom/press-releases/science-based-targets-initiative-for-next-generation-emission-reduction-targets/"><span data-contrast="none">near-term, SBTi-validated 2030 </span><span data-contrast="none">emissions reduction goals</span></a><span data-contrast="none">, all of which are outlined below:</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><b><span data-contrast="none">Overall Net-Zero Target</span></b><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">Lenovo commits to reach net-zero GHG emissions across the value chain by FY2049/2050.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><b><span data-contrast="none">Near-Term Targets</span></b><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">Lenovo commits to reduce absolute scope 1 and scope 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. Lenovo commits to reduce scope 3 GHG emissions from purchased goods and services 66.5% per million US$ gross profit within the same timeframe. Lenovo further commits to reduce scope 3 GHG emissions from upstream transportation and distribution 25% per tonne-km of transported product by within the same timeframe.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><b><span data-contrast="none">Long-Term Targets</span></b><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">Lenovo commits to reduce absolute scope 1, 2, and 3 GHG emissions by 90% by FY2049/50 from a FY2018/19 base year.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">Lenovo is an early adopter of the science-based emissions reduction approach, after receiving approval for near-term 2030 emissions reduction goals in 2020 and helping to road test the first of its kind Net-Zero Standard.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="auto">“Success in achieving net-zero depends on a </span><span data-contrast="none">transparent, science-based</span><span data-contrast="auto"> and collaborative framework that will keep organizations accountable for the long run. SBTi </span><span data-contrast="none">has created</span><span data-contrast="auto"> that framework and will empower companies to </span><span data-contrast="none">expedite emissions reduction,” commented Carolina Milanesi, Founder of The Heart of Tech, an ESG-focused consultancy.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p><p><span data-contrast="none">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. These strategies have been outlined in the company’s </span><a href="https://news.lenovo.com/journey-to-net-zero-supply-chain-sustainability/"><span data-contrast="none">Journey to Net-Zero video series</span></a><span data-contrast="none">, which demonstrates how Lenovo’s experts are changing business processes to meet net-zero targets.&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">Lenovo’s emissions measurements will contribute to a wider body of collaborative data to understand and limit climate change, in accordance with the Paris Agreement’s goal to limit warming to no more than 1.5 degrees Celsius above pre-industrial levels. More than 4,000 companies around the world are in the process of aligning their emissions reduction goals to SBTi’s science-based methodology and validation processes.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">In addition to its work to reduce emissions, Lenovo has been recognized in </span><span data-contrast="auto">Gartner’s Top 25 Global Supply Chain, Fortune’s World’s Most Admired Companies, and as a </span><a href="https://news.lenovo.com/pressroom/press-releases/lenovo-recognized-leader-in-climate-change-and-water-security-cdp/"><span data-contrast="none">leader in Climate Change and Water Security</span></a><span data-contrast="auto"> by CDP.&nbsp;</span><span data-contrast="none"> Read more about Lenovo’s efforts to create a smarter, more sustainable future for all in </span><span data-contrast="auto">the company’s FY 2021-22 ESG Report.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}">&nbsp;</span></p><p><span data-contrast="none">For more information visit </span><a href="https://news.lenovo.com/"><span data-contrast="none">Lenovo StoryHub</span></a><span data-contrast="none">.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p><p><b><span data-contrast="none">About Lenovo</span></b><span data-contrast="none">&nbsp;</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p><p><span data-contrast="none">Lenovo (HKSE: 992) (ADR: LNVGY) is a US$70 billion revenue global technology powerhouse, ranked #171 in the Fortune Global 500, employing 82,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver smarter technology for all, Lenovo has built on its success as the world’s largest PC company by further expanding into key growth areas including server, storage, mobile, solutions and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and sustainable digital society for everyone, everywhere. To find out more visit </span><a href="https://www.lenovo.com/"><span data-contrast="none">https://www.lenovo.com</span></a><span data-contrast="none">,and read about the latest news via our </span><a href="http://storyhub.lenovo.com/"><span data-contrast="none">StoryHub</span></a><span data-contrast="none">.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}">&nbsp;</span></p></div></div></div></div></div></div></div></article></div><div id="singular-meta" class="col-2_md-12_md-first_lg-last"><div id="singular-social" class="md-hidden"> [ssba]</div></div></div><div class="grid-noBottom-middle" style="margin: 0;"><div class="smarter-blade lazyload" style="background-image:inherit;" data-bg-image="url(&#039;https://news.lenovo.com/wp-content/uploads/2024/05/storyhub-banner-datawaves.jpg&#039;)"><div class="smarter-blade-content"><h2><a href="https://news.lenovo.com/campaign/lenovo-powers-lenovo-our-digital-transformation-journey/" target="_blank">Lenovo powers Lenovo</a></h2> <span>As a global technology leader, Lenovo is pioneering the use of groundbreaking AI to enhance our own operations, so we can help enterprises transform and embrace <em>smarter AI for all</em>. </strong><br><br><a href="https://news.lenovo.com/campaign/lenovo-powers-lenovo-our-digital-transformation-journey/" target="_blank">Learn more about our AI-powered transformation.</a></span></div></div></div><div class="singular-related-wrapper"><aside id="singular-related"><h2>Related stories</h2><div class="grid-noBottom-spaceBetween"><div class="col-4_md-12"><div class="card card-regular card-post"> <a href="https://news.lenovo.com/qa-working-towards-a-net-zero-future-together/" class="card-link card-regular-link" onclick="firedCustom_doNothing('StoryClicked_interaction', 'Story: Q&#038;A: Working Towards a Net-Zero Future Together');"><div class="card-image card-regular-image card-post-image"> <img data-src="https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032-150x150.jpg" data-srcset="https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032-600x338.jpg 600w, https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032-1024x576.jpg 1024w, https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032-768x432.jpg 768w, https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032-1536x864.jpg 1536w, https://news.lenovo.com/wp-content/uploads/2023/01/RainbowPath_16x9_G1048690032.jpg 1920w" data-sizes="100vw" alt="SBTi Brand Image" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 150px; 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