RVBA-LENOV

Lenovo — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (3/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	5,849
Scope 2 (market-based)	12,409
Scope 3	17.7M
Cat 1 · Purchased goods	6M
Cat 2 · Capital goods	880,586
Cat 3 · Fuel + energy	8,616
Cat 4 · Upstream transport	348,268
Cat 5 · Waste in operations	1,864
Cat 6 · Business travel	43,241
Cat 7 · Employee commuting	55,207
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	10.3M
Cat 12 · End-of-life	152,987
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	17.7M
Net carbon footprint	17.7M
Avoided emissions (Scope 4)	11,647

Energy (kWh)

Electricity	337.5M
Fuel (stationary + mobile)	25.5M
Heat / steam	13.5M
Total energy	396.9M
Renewable energy	(336.7M)
Non-renewable / hydrocarbon	60.2M
Renewable electricity %	94%

Nature

water consumption m3	22,000m³
waste generated t	54,717tonnes
water withdrawal m3	1.5Mm³

Governance

audit assurance climate levelⓘ	2scale 0-2
esg linked executive pay yn	1boolean

P&L highlights (USD)

Revenue

69.1B

Events 2025· 10

No project-based carbon credits retired in reporting year; future neutralization planned

Lenovo did not retire any project-based carbon credits in FY24/25. The net-zero target plan states Lenovo intends to neutralize residual emissions with permanent carbon removals at the end of the target (2050) and plans to purchase and cancel carbon credits for both beyond-value-chain mitigation and end-of-target neutralization. Short-term focus is on emission reduction (achieving the 90% absolute reduction) rather than neutralization.

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Primary: On-site solar generation and operational energy efficiency

Lenovo implemented 34 emission reduction initiatives in FY24/25 totaling ~1,094 tCO2e estimated savings (excluding renewables), plus 35 MW renewable capacity (+40% YoY). Initiatives include BEMS, HVAC upgrades, lighting, compressed air efficiency, and process equipment replacement at manufacturing sites. Shenzhen Factory solar generated 1.33 GWh (1,267 tCO2 saved); Wuhan 1.28 GWh (672 tCO2); Beijing HQ purchased 16.07 GWh green electricity (9,708 tCO2 saved).

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Dependent: Supplier engagement — driving SBTi adoption across purchased goods Scope 3

Lenovo's largest Scope 3 category is purchased goods and services (5.97 MtCO2e, ~34% of Scope 3). Strategy targets 66.5% intensity reduction per USD gross profit by FY29/30. In FY24/25, 51% of suppliers by procurement spend committed to SBTi-validated targets, up from 0% in FY23/24 baseline. Engagement covers top 98% of procurement spend (108 Tier-1 suppliers). Uses CDP Supply Chain program, quarterly ESG scorecards, supplier capacity-building training, and integration into procurement decisions. Target Int 2 currently 59% achieved relative to base year (538 vs 885 tCO2e/USD M gross profit).

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Primary: Internal carbon pricing exploration and Lenovo 360 Circle channel partner engagement

Lenovo is exploring an internal carbon price in the next two years. To engage its channel partners (responsible for >80% of revenue and significant Scope 3 share), Lenovo launched Lenovo 360 Circle — a community-driven sustainability initiative with 524 members across 51 countries by FY24/25 (+53% YoY in members with dedicated sustainability resources). Provides training (14 courses, 65 modules, 5.5 hours content) and aligns partners with UNGC Connect/Learn/Lead framework to scale circular economy and net-zero practices through the channel ecosystem.

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Aligned with SDG 6 (Clean Water and Sanitation) and Paris Agreement

Lenovo's environmental policies and engagement activities are aligned with Sustainable Development Goal 6 on Clean Water and Sanitation and the Paris Agreement, as stated in commitment documents and supplier engagement frameworks.

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94% renewable electricity via on-site solar PPAs, retail green tariffs, and EACs (I-RECs, GOs, US-RECs, NFCs)

Lenovo achieved 94% renewable electricity in FY24/25, exceeding its 90% by FY25/26 maintenance target. The strategy uses a hierarchical approach: (1) on-site energy efficiency, (2) on-site solar generation via third-party PPAs at Hefei, Wuhan, Shenzhen, Tianjin (China), Budapest (Hungary), Monterrey (Mexico), Morrisville and Whitsett (US), generating ~19,846 MWh; (3) retail green electricity contracts (Germany Medion site hydropower, Tianjin GECs); and (4) unbundled EAC purchases — I-RECs in China (211,915 MWh), Brazil (11,537 MWh), India (5,375 MWh), Mexico (24,882 MWh); GOs in EU markets (Hungary, Germany, Czechia, Denmark, France, Italy, Netherlands, Romania, Slovakia, Spain); US-RECs (27,271 MWh Green-e wind); Japan NFCs (9,276 MWh). All EAC vintages within ~15-year commissioning windows.

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Dependent: Product energy efficiency reducing use-of-sold-products emissions

Use of sold products (10.27 MtCO2e) is Lenovo's largest single Scope 3 category (~58% of Scope 3). Strategy targets 35% intensity reduction by FY29/30 on average for comparable products. Roadmap: 50% energy efficiency improvement for desktops by FY29/30, 50% for servers, 30% for notebooks, 30% for Motorola products. Lenovo offers ENERGY STAR qualified products: ~88% of notebooks, ~85% of desktops, ~100% of workstations, ~52% of monitors, ~71% of server platforms. Target Int 1 currently 85% achieved (129 vs 184 kgCO2e per comparable product).

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Dependent: Lenovo Neptune liquid cooling for data centers

Lenovo Neptune direct warm water-cooled technology captures up to 98% of system heat, reduces power consumption up to 40%, and enables operation without specialized data center air conditioning. At LRZ supercomputing centre, achieved 35% energy cost reduction. Drives both customer Scope 1/2 reductions and Lenovo Scope 3 cat 11 reductions. Lenovo expects to develop, produce, and market Neptune technologies for at least the next 10 years, anticipating 1-5% revenue uplift from customer demand for power-efficient infrastructure.

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Primary: Upstream transport optimization — modal shift and route efficiency

Upstream transportation and distribution (348,268 tCO2e) target is 25% intensity reduction per tonne-km by FY29/30. Roadmap covers four levers: demand management, low-carbon transport modes, low-carbon fuel, and utilization/consolidation. FY24/25 actions: implemented two route optimization or weight reduction initiatives; enabled five low-carbon transport modes across business groups; improved fleet utilization across ISG and IDG in AP, EMEA, and AG regions. Target Int 3 currently 215% achieved relative to base year (120 vs 260 gCO2e/tonne-km), well ahead of plan.

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ISO 14001:2015 certified EMS and ISO 50001 energy management

Lenovo maintains an ISO 14001:2015 certified global environmental management system covering all manufacturing, R&D, and HQ sites, plus ISO 50001 certified energy management systems across factories and R&D centers.

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2024

annual report ↗integrated report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	5,849
Scope 2 (market-based)	12,409
Scope 3	17.7M
Cat 1 · Purchased goods	6M
Cat 2 · Capital goods	880,586
Cat 3 · Fuel + energy	8,616
Cat 4 · Upstream transport	348,268
Cat 5 · Waste in operations	1,864
Cat 6 · Business travel	43,241
Cat 7 · Employee commuting	55,207
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	10.3M
Cat 12 · End-of-life	152,987
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	17.7M
Net carbon footprint	17.7M
Avoided emissions (Scope 4)	190,296

Energy (kWh)

Electricity	357.3M
Fuel (stationary + mobile)	25.5M
Heat / steam	14.1M
Total energy	396.9M
Renewable energy	(19.8M)
Non-renewable / hydrocarbon	377.1M
Renewable electricity %	94%

Nature

waste generated t	54,717tonnes
water withdrawal m3	1.5Mm3
water consumption m3	22,000m3
waste recycled t	49,194tonnes
waste landfill t	1,021tonnes
waste hazardous t	686tonnes

Social

workforce female pct	37%
workforce management female pct	25%
employee turnover pct	6%
training hours per employee	10hours
h s total recordable injury rate	0per 200000 hours
h s lost time injury rate	0per 200000 hours
h s fatalities	0count
gender pay gap mean pct	3%
community investment amount	15.5MUSD

Governance

audit assurance climate levelⓘ	2level
esg linked executive pay yn	1yn
workforce board female pct	17%
board independence pct	75%

P&L highlights (USD)

Headcount (FTE)	72,000people
Revenue	69.1B
Cost of revenue	(47.1B)
Gross profit	22B
Total operating expenses	(7.8B)

Balance sheet highlights (USD)

Property, plant & equipment	2B
Right-of-use (leased) assets	571.3M
Total assets	38.8B
Total debt	3.6B
Cash & equivalents	3.6B

Market & shares

Market cap (FY-end)

112.5B

Events 2024· 42

Dependent: Use of sold products — energy efficiency

Reduce Scope 3 use-of-sold-products emissions 35% on average for comparable products by FY 2029/30. Strategy: design products meeting/exceeding ENERGY STAR, 80 Plus PSU certifications, Neptune liquid cooling capturing up to 98% of server heat and reducing power consumption up to 40%, and engaging customers to use more renewable energy.

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Primary: Operational energy efficiency and on-site renewables

Hierarchical combination of energy efficiency, on-site renewable energy generation, and renewable energy commodities to deliver -50% absolute Scope 1+2 by FY 2029/30. Initiatives in FY 2024/25 included replacing energy-efficient equipment, optimizing AC/UPS/transformers, digital energy management via Lenovo ESG Navigator, ISO 50001 certification at multiple manufacturing sites, and 34.5 MW solar installations.

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Neutralize residual 10% of emissions via carbon capture, reforestation

Lenovo's long-term 2050 net-zero target is to reduce all GHG emissions by 90% (Scope 1, 2, 3) and neutralize remaining 10% through carbon capture, reforestation, or other means. Carbon removals are not detailed by volume or vintage; SBTi-aligned approach reserves removals for residual emissions only, not for near-term reductions which are pursued via efficiency and renewables.

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94% renewable electricity via on-site solar, PPAs, and RECs/I-RECs/GOs/NFCs

Lenovo aims for 90% renewable electricity globally by FY 2025/26 and reached 94% in FY 2024/25. Strategy: 34.5 MW of operational on-site solar; PPAs with utilities (Tianjin Smart Campus in China and Budapest office in Hungary at 100% renewable); and purchases of RECs, International RECs (I-RECs), Guarantees of Origin (GOs), and Non-fossil certificates (NFCs) supporting wind/solar projects in Brazil, China, India, Japan, Europe, Mexico, and US.

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Dependent: Upstream transportation and logistics decarbonization

Reduce Scope 3 upstream transport emissions 25% per tonne-km by FY 2029/30. Levers: modal shift from air to sea/rail freight (expanded rail in China, Europe, Latin America); alternative fuels (Sustainable Aviation Fuel) across Brazil/China/APAC/EMEA/LatAm; ultra-light pallets; direct shipments to Italy/Spain/France; partnerships with GLEC, Smart Freight Centre, EPA SmartWay.

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Acquisition of FCNT smartphone business

Acquired certain assets/liabilities of FCNT Limited for US$14 million in cash to accelerate growth in Japan smartphone business.

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UN SDG alignment

Reports alignment with UN SDGs 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 16, and 17 across environmental, social, and governance pillars.

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Dependent: Supply chain decarbonization (purchased goods)

Reduce Scope 3 emissions from purchased goods and services 66.5% per million USD gross profit by FY 2029/30. Approach includes Supplier Code of Conduct climate requirements, annual supplier climate data collection via CDP Supply Chain, ESG scorecards with sustainability multiplier on supplier report cards, and expanding suppliers committed to SBTi (target 95% by spend; achieved 51% in FY2024/25).

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Primary: Circular economy: recycled materials and product take-back

By FY 2025/26, 100% of PC products will contain post-consumer recycled content (PCC); cumulative 300M lb PCC plastics in products. Use of closed-loop PCC, ocean-bound plastics, and recycled metals/rare earths. Enable recycling/reuse of 800M lb end-of-life products by FY 2025/26 (cumulative since 2005). Asset Recovery Services and TruScale-as-a-Service extend product life.

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Server packaging weight methodology change

In FY 2024/25 server packaging weight methodology changed to a weighted-average approach, decreasing reported average from 4,614 to 2,920 grams.

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see 32 more events →

2023

annual report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	4,969
Scope 2 (market-based)	17,997
Scope 3	15.1M
Cat 1 · Purchased goods	6.5M
Cat 2 · Capital goods	863,700
Cat 3 · Fuel + energy	12,700
Cat 4 · Upstream transport	360,152
Cat 5 · Waste in operations	2,135
Cat 6 · Business travel	41,630
Cat 7 · Employee commuting	56,585
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	7.1M
Cat 12 · End-of-life	124,265
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	15.1M
Net carbon footprint	15.1M

Energy (kWh)

Electricity	337.3M
Fuel (stationary + mobile)	22.8M
Heat / steam	17.3M
Total energy	377.3M
Renewable energy	(17M)
Non-renewable / hydrocarbon	360.4M
Renewable electricity %	92%

Nature

water withdrawal m3	1.4Mm3
water consumption m3	20,000m3
waste generated t	48,452tonnes
waste recycled t	42,362tonnes
waste landfill t	1,277tonnes
waste hazardous t	672tonnes

Social

workforce female pct	37%
workforce management female pct	22%
employee turnover pct	5%
training hours per employee	9hours
h s total recordable injury rate	0per 200000 hours
h s lost time injury rate	0per 200000 hours
h s fatalities	0count
gender pay gap mean pct	2%
community investment amount	17.9MUSD

Governance

workforce board female pct	17%
board independence pct	75%
audit assurance climate levelⓘ	1level

P&L highlights (USD)

Headcount (FTE)	69,500people
Revenue	56.9B
Cost of revenue	(51.4B)
Gross profit	5.4B
Total operating expenses	(7.8B)

Balance sheet highlights (USD)

Property, plant & equipment	2B
Right-of-use (leased) assets	659.4M
Total assets	38.9B
Total debt	4B
Cash & equivalents	4.3B

Events 2023· 21

Women in executive roles 27% by FY2025/26

By FY2025/26 grow global representation of women in executive roles to 27% (from 21% in 2020). Grow US executives from historically underrepresented ethnic/racial groups to 35% (from 29% in 2020).

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Dependent: Upstream transportation: 25% reduction per tonne-km

Levers include modal shift to lower carbon modes of transport, optimization of transport planning, increase of vehicle utilization, and improvement of vehicle fuel efficiency.

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Dependent: Purchased goods & services: 66.5% reduction per million US$ gross profit

Second-largest Scope 3 category at ~43% of FY23/24. Lever: climate change requirements in Supplier Code of Conduct; annual supplier climate data collection; climate KPIs in supplier ESG scorecards; expand SBTi commitment among suppliers. Aim to remove 1M tons of GHG from supply chain by FY2025/26 (vs FY2018/19).

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SDG alignment across environmental, social, governance pillars

Reports alignment with SDGs 1, 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14, 16, 17 across material topics.

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Business Ambition for 1.5°C signatory

Lenovo signed Business Ambition for 1.5°C pledge alongside SBTi Net-Zero validation.

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SBTi Net-Zero Standard validation — first PC/smartphone maker

Lenovo received SBTi Net-Zero Standard validation in January 2023, becoming the first PC and smartphone maker and 139th company globally validated. Commits to reduce absolute Scope 1, 2, and 3 GHG emissions 90% by FY2049/50 from FY2018/19 base year, with near-term targets: 50% absolute Scope 1+2 reduction by FY2029/30, 35% use-of-sold-products intensity reduction, 66.5% purchased goods intensity reduction per USD gross profit, 25% upstream transport intensity reduction per tonne-km.

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Net-zero by 2050 commitment validated by SBTi

In January 2023, Lenovo announced its commitment to achieving net-zero greenhouse gas emissions by 2050 after validation of emissions reduction targets by SBTi. Near-term scope 1 and 2 targets consistent with limiting warming to 1.5°C, scope 3 in line with SBTi best practices.

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SBTi-validated Net-Zero by 2050 target approved

Lenovo is in the first group of companies to receive net-zero validation from SBTi, making it the first PC and smartphone maker and 139th company globally with targets validated by the Net-Zero Standard. Commits to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2049/50 from a FY2018/19 base year.

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Supplier SBTi commitment KPI

Lenovo's procurement team set KPI to drive supplier SBTi commitments. Target moved from 45% (FY22/23 base) to 49% (FY23/24) of suppliers by spend committed to or having set SBTs. Ultimate goal is 95% by spend.

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Net-zero by 2050 target validated by SBTi

On January 19, 2023, Lenovo announced its commitment to reach net-zero emissions by 2050, in alignment with SBTi Net-Zero Standard. First PC and smartphone maker to have targets validated to the Net-Zero Standard. Commits to reduce absolute GHG Scope 1, 2, and 3 emissions by 90% by FY2049/50 from FY2018/19 base year.

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see 11 more events →

2022

Climate · carbon footprint (tCO2e)

Scope 1	6,303
Scope 2 (market-based)	19,540
Scope 3	18.7M
Cat 1 · Purchased goods	8.7M
Cat 2 · Capital goods	833,800
Cat 3 · Fuel + energy	12,924
Cat 4 · Upstream transport	538,156
Cat 5 · Waste in operations	1,808
Cat 6 · Business travel	38,846
Cat 7 · Employee commuting	45,568
Cat 9 · Downstream transport	325,900
Cat 11 · Use of sold products	8.5M
Cat 12 · End-of-life	157,000
Cat 13 · Downstream leased	891,667
Cat 15 · Investments	32,616
Gross carbon footprint	18.8M
Offsets retired	(30,786)
Net carbon footprint	18.7M

Energy (kWh)

Electricity	349.1M
Fuel (stationary + mobile)	29.2M
Heat / steam	14.5M
Total energy	392.8M
Renewable energy	(13.3M)
Non-renewable / hydrocarbon	379.5M
Renewable electricity %	90%

Nature

water withdrawal m3	1.5Mm3
water consumption m3	18,000m3
waste generated t	51,099tonnes
waste recycled t	44,644tonnes
waste landfill t	953tonnes
waste hazardous t	679tonnes

Social

workforce female pct	37%
workforce management female pct	21%
employee turnover pct	7%
training hours per employee	6hours
h s total recordable injury rate	0per 200000 hours
h s lost time injury rate	0per 200000 hours
h s fatalities	1count
gender pay gap mean pct	3%
community investment amount	28.3MUSD

Governance

internal carbon price usd per tco2eⓘ	5USD per tCO2e
audit assurance climate levelⓘ	2scale 0-2
esg linked executive pay yn	1boolean

Circularity

circular revenue pct

42%

P&L highlights (USD)

Headcount (FTE)	77,000people
Revenue	61.9B

Balance sheet highlights (USD)

Total debt

142B

Events 2022· 19

Dependent: Supplier emission reductions (Supply Chain CDP + SBTi push)

~70% of DT scope 1-3 emissions come from purchases. New Supplier Code of Conduct (May 2022) mandates verified scope 1-3 disclosure via CDP and reduction plans aligned with DT's -55% by 2030 target. 445 suppliers invited to CDP Supply Chain Program in 2022, covering ~80% of POV. 20% sustainability weighting in tender evaluation. Suppliers achieved 164 Mt CO2e reductions in 2022 (vs 206 Mt in 2021). Participates in JAC, Supplier Development Program, supports CDP SBTi campaign.

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USD 625M Green Bond issued (10-year)

July 20, 2022: USD 625M 10-year Green Bond issued; 100% allocated, 100% refinancing. Proceeds fund solar energy project (3.24 MWh annual, 920 MT CO2e avoided) and green buildings (4.39M sq ft covering Beijing and Shenzhen campuses).

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SBTi near-term targets validated (Scope 1+2 -50% by 2030)

Near-term targets validated by SBTi in Jan 2022: Scope 1+2 absolute -50% by FY2029/30, Scope 3 use of sold products -35% per comparable product, Scope 3 purchased goods -66.5% per million USD gross profit, Scope 3 upstream transport -25% per tonne-km, all vs FY2018/19 base year.

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USD 625 million green bond issued — proceeds 100% allocated

Lenovo issued a USD 625 million 10-year green bond in July 2022 as part of a USD 1.25 billion dual tranche notes offering. 100% of proceeds allocated to renewable energy (solar) and green building eligible projects under the Lenovo Green Finance Framework.

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First-time reporting of scope 3 cat 15 (Investments)

Scope 3 category 15 (investments) reported for the first time in 2022 at 32,616 tCO2e, covering DT's share in BT.

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Primary: Building optimization and office space reduction

Reduction of office spaces plus building energy efficiency improvements. ESG KPI tracking energy intensity (kWh per terabyte IP data) — 91 kWh/TB in 2022, down 11% YoY. Expanding photovoltaic systems at DT locations with power storage and intelligent load management. Tests of fuel cells, waste-heat energy generation, gas turbines and ice-storage at PASM.

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Dependent: Increase device energy efficiency and product lifetime (use-of-sold + downstream leased)

Use of sold + downstream leased assets emissions are major scope 3 categories. Levers include: new Speedport Smart 4 router (~10% less under full load, sleep mode, 90% recycled plastic housing), TV box G7 (61% less electricity than G6), Fairphone 4 (Blue Angel certified modular smartphone), and refurbished smartphones under Green Magenta label (75% of mobile carbon footprint is in production phase). Target: 25% refurbished share by 2030.

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100% renewable electricity via PPAs, GOs and RECs since 2021

DT achieved 100% renewable electricity across its networks in 2021. In 2022, 12.26 TWh of renewable electricity was consumed. Sourcing mix includes physical PPAs (895,595 MWh in Germany from wind), virtual PPAs in the US (~2.3 TWh from wind/solar with Enel, Duke, NextEra, Dominion), unbundled GOs (Norway hydro, Greek/Spanish/Polish renewables), retail green tariffs, I-RECs (3.65 TWh in US), and small on-site solar (4.5 GWh). Target: increase share of renewable electricity from green PPAs to 50% by 2025. Member of RE100.

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T-Mobile US SBTi-validated 55% scope 1-3 reduction by 2030

Upon achieving prior SBT four years ahead of schedule, T-Mobile US set new SBTi-validated target to reduce absolute Scope 1, 2 and 3 GHG emissions 55% by 2030 from 2020 base year, including Sprint acquisition.

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Indirect use-phase emissions excluded per SBTi

Per SBTi Target Validation Protocol, indirect use-phase emissions from third-party devices (2.6 Mt CO2e in 2022) are no longer included in reported scope 3 use phase emissions. T-Mobile excluded 325,718 tCO2e in 2022.

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see 9 more events →

2021

Climate · carbon footprint (tCO2e)

Scope 1	6,069
Scope 2 (market-based)	21,160
Scope 3	17.4M
Cat 1 · Purchased goods	7.8M
Cat 2 · Capital goods	360,000
Cat 3 · Fuel + energy	12,000
Cat 4 · Upstream transport	737,979
Cat 5 · Waste in operations	1,810
Cat 6 · Business travel	20,255
Cat 7 · Employee commuting	41,043
Cat 11 · Use of sold products	8.3M
Cat 12 · End-of-life	181,000
Gross carbon footprint	17.5M
Net carbon footprint	17.5M

Energy (kWh)

Electricity	323.7M
Fuel (stationary + mobile)	24.5M
Heat / steam	18.7M
Total energy	366.9M
Renewable energy	(9.4M)
Non-renewable / hydrocarbon	357.5M
Renewable electricity %	91%

Nature

water withdrawal m3	1.6Mm3
water consumption m3	98,000m3
waste generated t	49,528tonnes
waste recycled t	43,705tonnes
waste landfill t	1,709tonnes
waste hazardous t	125tonnes

Social

workforce female pct	37%
workforce management female pct	20%
employee turnover pct	11%
training hours per employee	5hours
h s total recordable injury rate	0per 200000 hours
h s lost time injury rate	0per 200000 hours
h s fatalities	0count
community investment amount	20.9MUSD

P&L highlights (USD)

Headcount (FTE)	75,000people
Revenue	71.6B

Events 2021· 4

RE100: 100% renewable electricity achieved

DT achieved 100% renewable electricity target in 2021 (originally set in 2019). Goal now is to keep at 100% and increase PPA share to 50% by 2025.

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CEO Water Mandate endorser and SBTN Corporate Engagement Program participant

Lenovo endorsed the UN CEO Water Mandate in 2021 and joined the Science Based Targets Network (SBTN) Corporate Engagement Program, contributing to SBTN method/tool development and committed to Forward Faster initiative water resilience targets.

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Sustainability-linked bond issuance program

From 2021 DT places bonds linked to climate targets. Bond targets: scope 1+2 at least 90% reduction 2017-2025; scope 3 per customer at least 25% reduction 2017-2025.

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Joined SBTN Corporate Engagement Program & endorsed UN CEO Water Mandate

Lenovo joined SBTN's Corporate Engagement Program in 2021 and endorsed the UN CEO Water Mandate in 2021. In 2023, Lenovo tested the SBTN Steps 1 and 2 Readiness Check Framework with BSR.

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2020

annual report ↗

Climate · carbon footprint (tCO2e)

Scope 1	7,269
Scope 2 (market-based)	21,519
Scope 3	24M
Cat 1 · Purchased goods	6.5M
Cat 2 · Capital goods	736,500
Cat 3 · Fuel + energy	11,050
Cat 4 · Upstream transport	815,262
Cat 5 · Waste in operations	1,770
Cat 6 · Business travel	11,900
Cat 7 · Employee commuting	39,800
Cat 9 · Downstream transport	315,588
Cat 11 · Use of sold products	15.6M
Cat 12 · End-of-life	303,500
Cat 13 · Downstream leased	1.1M
Gross carbon footprint	24M
Net carbon footprint	24M

Energy (kWh)

Electricity	292.8M
Fuel (stationary + mobile)	33.2M
Heat / steam	20.8M
Total energy	346.7M
Renewable energy	(9.1M)
Non-renewable / hydrocarbon	337.6M
Renewable electricity %	88%

Nature

water withdrawal m3	1.4Mm3
water consumption m3	134,000m3
waste generated t	51,685tonnes
waste recycled t	46,198tonnes
waste landfill t	2,334tonnes
waste hazardous t	37tonnes

Social

workforce female pct	37%
workforce management female pct	21%
employee turnover pct	8%
h s total recordable injury rate	0per 200000 hours
h s lost time injury rate	0per 200000 hours
h s fatalities	0count
community investment amount	11.8MUSD

P&L highlights (USD)

Headcount (FTE)	71,500people
Revenue	60.7B

Events 2020· 4

SBTi near-term 2030 targets approved

Lenovo received SBTi approval for near-term 2030 emissions reduction targets in 2020. Scope 1+2: -50%; Scope 3 use of sold products -35%/comparable product; Scope 3 purchased goods & services -66.5%/M$ gross profit; Scope 3 upstream transport -25%/tonne-km. Base year FY2018/19.

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90% renewable electricity by FY25/26 target

Lenovo set target that by FY2025/26, 90% of global operations' electricity will be obtained from renewable sources. Achieved and maintained at 94% in FY24/25.

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Sprint merger into T-Mobile US

Sprint was acquired by T-Mobile in 2020. Baseline for 2017 needed adjustment. This expanded the reporting boundary and emissions footprint significantly.

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90% renewable electricity target by FY2025/26

Lenovo committed by FY 2025/26, 90% of global operations' electricity will be obtained from renewable sources. Target achieved early (92% in FY23/24) and being maintained.

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