Lenovo — full event log

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.

sustainability_report p.371

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).

sustainability_report p.373

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).

sustainability_report p.361

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.

sustainability_report p.166

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.

sustainability_report p.125

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.

sustainability_report p.262

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).

sustainability_report p.350

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.

sustainability_report p.94

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.

sustainability_report p.359

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.

sustainability_report p.8

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.

sustainability_report p.22

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.

sustainability_report p.24

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.

sustainability_report p.22

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.

sustainability_report p.24

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.

sustainability_report p.25

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

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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.

sustainability_report p.16

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).

sustainability_report p.22

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.

sustainability_report p.30

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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Pay gap analysis coverage expanded from 15 to 21 countries to include broader representation of indirect labor population with comparable compensation policies.

sustainability_report p.95

In FY24/25, Lenovo set a new target to reduce water withdrawal per capita at manufacturing sites globally by 1.8 m³ per person by FY2029/30 (from 32.72 m³/person in FY18/19 to 30.91 m³/person). Current reporting year achievement: 26.76 m³/person, already exceeding target.

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Lenovo partnered with Wine to Water to provide safely managed drinking water, sanitation, and hygiene education to at least 50,000 people annually. Achieved 62,355 in FY24/25, exceeding the 50,000 target.

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Enhanced calculation methodology to increase accuracy by utilizing a fiscal year end cutoff date starting from FY 2024/25 for lost days due to work injury.

sustainability_report p.97

Target to remove one million tons of GHG emissions from supply chain by FY 2025/26 (vs FY 2018/19 baseline) reported as off track; a corrective plan is being implemented.

sustainability_report p.119

Lenovo endorsed the United Nations' Women's Empowerment Principles (WEPs) and signed the Declaration of Amsterdam supporting LGBTIQ+ workplace inclusion.

sustainability_report p.57

Lenovo was recognized at the leadership level from CDP for its climate change (A-) and supplier engagement (A) practices and at the management level for its water security (B). Fourth year running as leader for supplier engagement and climate change.

sustainability_report p.40

Lenovo was named an EPEAT Climate+ Champion with more than 400 products registered on day one of Climate+ eligibility, independently verified against science-based criteria on climate change mitigation.

sustainability_report p.40

Completed acquisition of entire interests in Lenovo Leasing Co., Ltd for US$124 million in cash. Engaged in IT equipment leasing in Chinese Mainland.

sustainability_report p.235

After meeting and exceeding 2020 executive representation targets (20% target, 21% achieved), Lenovo set new goal to reach 27% female executive representation by 2025.

sustainability_report p.69

Since 2009, Lenovo has continued its role as a signatory supporter to the United Nations Global Compact, aligning operations with the ten principles covering human rights, labor, environment, and anti-corruption.

sustainability_report p.39

Lenovo's Climate and Energy Policy focuses on five key areas including internal operations. Near-term Scope 1 and 2 emissions reduction targets are consistent with limiting warming to 1.5°C and were validated by SBTi in June 2020 and again in January 2023.

sustainability_report p.34

Lenovo's climate strategy targets energy suppliers and their operational emissions as one of five key areas where the company can demonstrate influence in driving emissions reductions and support for a global transition to a low-carbon economy.

sustainability_report p.34

Lenovo works with the electronics industry on supply chain issues through Responsible Business Alliance (RBA) membership. The Group deployed EcoVadis' ESG Risk Management Platform and Supplier ESG Management Module on GSC ESG Digitalization Platform to assess suppliers, identify risks, recommend improvements. CDP recognized Lenovo as leader for supplier engagement for the fourth year running.

sustainability_report p.27

By combining bamboo fiber technology, self-locking box, and other innovative technologies, the packaging team accomplished plastic-free primary packaging on ThinkPad X1 and Z series in FY 2022/23. In FY 2023/24, plastic-free primary packaging was expanded to all ThinkPad series (except E series) and select smartphones.

sustainability_report p.40

Management will broaden sustainability initiatives to incorporate innovative ESG features, such as a CO2 offset service and Reduced Carbon Transit, into the Group's service offerings designated to help customers meet their ESG goals and deliver sustainable outcomes.

sustainability_report p.19

Lenovo Asset Recovery Services helps customers develop and implement sustainable disposition strategies for technology hardware, recycling tech in a more socially and environmentally responsible way. Environmentally preferred materials programs drive use of recycled and renewable materials in products and packaging supporting transition to a circular economy.

sustainability_report p.4

Lenovo achieved 92% renewable electricity in FY23/24, up from 90% the prior year, exceeding its 90%-by-FY2025/26 target ahead of schedule. The mix combines on-site solar PPAs at facilities in Beijing, Hefei, Wuhan (China), Morrisville, Whitsett (USA), and Budapest (Hungary) generating ~17 GWh, plus unbundled energy attribute certificates: I-RECs in China (210,982 MWh), Brazil (11,364 MWh wind), Mexico (19,725 MWh wind), India (4,000 MWh wind), Germany (1,698 MWh hydro), Hungary (8,955 MWh), Romania (3,149 MWh), Slovakia (1,301 MWh); US-RECs (23,815 MWh Green-e wind); GOs in Germany/Hungary/Spain; and NFCs in Japan (9,406 MWh). Total solar generation capacity grew 48% YoY to 25 MW.

sustainability_report p.274

Joined the Science Based Targets Network (SBTN) Corporate Engagement Program, pledging alignment with SBTN's goals and contributing to development of SBTN methods and tools. Also endorsed UN CEO Water Mandate and UNGC Forward Faster water resilience target.

sustainability_report p.27

Lenovo aligns with UN Sustainable Development Goal 6 on Clean Water and Sanitation through Water Resiliency Policy, UN CEO Water Mandate endorsement, and Wine to Water partnership targeting access to safely managed drinking water for 25,000 people annually.

sustainability_report p.122

In FY 2024/25, a new long-term target was set to achieve a reduction of 1.8 metric tons in water withdrawal per capita at manufacturing sites globally by FY 2029/30 (baseline FY 2018/19).

sustainability_report p.27

In December 2024, Lenovo's Tianjin Smart Campus (TJSC) was certified as 'Eco-Level Carbon Neutrality Factory' by CESI Certification based on PAS 2060:2014 Specification and T/DZJN 108-2022.

sustainability_report p.25

From FY 2024/25, Lenovo's partnership with Wine to Water aims to bring access to safely managed drinking water services, improved sanitation and/or hygiene education to at least 25,000 people annually. Reached 11,031 in FY23/24 (44% of target).

sustainability_report p.418

Lenovo successfully issued a USD 625 million 10-year green bond in July 2022. 100% of proceeds fully allocated to eligible Green projects in accordance with the Green Finance Framework, including solar energy projects and green building projects.

sustainability_report p.164

Lenovo expanded solar generation capacity 48% YoY to 25 MW in FY23/24, with installations at manufacturing/R&D sites in Beijing, Hefei, Wuhan (China via energy performance contracting), Morrisville and Whitsett (North Carolina, USA), and Budapest (Hungary, commissioned 2022). On-site generation delivered ~17 GWh consumed in FY23/24.

sustainability_report p.333

Lenovo's net-zero target plan states: 'In short term, we will mainly focus on emission reduction instead of neutralization.' The company plans to purchase and cancel carbon credits for both neutralization at end-of-target and beyond-value-chain mitigation, but has not yet specified removal volumes, vintages, or durable-vs-nature-based mix. In FY23/24, Lenovo cancelled NO project-based carbon credits. The only offset-like activity was purchasing 4,443 MWh of green power (equivalent to 2,683 tCO2) for Beijing ETS compliance and 3,331 allowances under Beijing pilot ETS.

sustainability_report p.361

Use-of-sold-products is Lenovo's largest emissions category (7.1M tCO2e, ~47% of Scope 3). SBTi target commits to -35% intensity per comparable product by FY2029/30 vs FY2018/19. R&D roadmap: improve energy efficiency of desktops by 50%, servers by 50%, notebooks by 30%, Motorola products by 30% by FY2029/30. Lenovo offers ENERGY STAR qualified notebooks (91%), desktops (82%), workstations (100%), monitors (50%), servers (82%). Liquid-cooling Neptune technology reduces server power consumption by up to 40%.

sustainability_report p.159

Purchased goods & services emit 6.5M tCO2e (~43% of Scope 3). SBTi target: -66.5% intensity per million USD gross profit by FY2029/30. Lenovo engages top 98% of procurement spend (110 suppliers) via CDP Climate Change Questionnaire (97% response rate FY23/24) and RBA audits. KPI to drive supplier SBTi commitments reached 49% of spend in FY23/24 (up from 45% baseline), with goal of 95%. Suppliers' ESG performance reviewed quarterly via supplier scorecard tied to procurement decisions.

sustainability_report p.181

Upstream transport is targeted to reduce 25% per tonne-km by FY2029/30 (SBTi). Roadmap includes demand management, low-carbon transport modes, low-carbon fuel, and utilization/consolidation. In FY23/24, Lenovo replaced more than 50% of emergent air delivery in Asia Pacific with roll-on/roll-off shipping; more than 96% of ISG shipments in North America and China transported by road. Intensity dropped from 0.00026 to 0.000154 tCO2e/tonne-km (163% of target achieved).

sustainability_report p.349

34 emission reduction initiatives implemented in FY23/24 across facilities. HVAC upgrades saved 1,169 tCO2e (USD 364k savings, USD 1.4M invested), lighting upgrades 157 tCO2e, operational adjustments 2,637 tCO2e. Beijing campus ISO 50001 certified since 2018 completed 6 energy projects in FY23/24 saving 1,293,819 kWh / 781 tCO2 annually (LED replacements, automatic HVAC controls, insulation).

sustainability_report p.363

ISG's high performance computing and Neptune water cooling technology continue to set the industry benchmark, leveraging warm-water liquid cooling for energy-efficient AI infrastructure deployment in data centers.

sustainability_report p.17

CDP recognized Lenovo for Climate Change Leadership (A) and Water (A-) in 2024.

sustainability_report p.7

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).

sustainability_report p.15

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

sustainability_report p.13

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).

sustainability_report p.13

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

sustainability_report p.6

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

sustainability_report p.12

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.

sustainability_report p.347

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.

sustainability_report p.35

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.

sustainability_report p.337

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.

sustainability_report p.358

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.

sustainability_report p.12

Near-term 2030 emissions reduction targets originally set in 2020 were updated in 2023. New targets: Scope 1+2 -50%, Scope 3 use of sold products -35% per comparable product, Scope 3 purchased goods -66.5% per million US$ gross profit, Scope 3 upstream transport -25% per tonne-km. Base year FY2018/19.

sustainability_report p.12

Lenovo received an A- from CDP for climate change for 2023, marking 5th consecutive year in CDP leadership band. CDP Water 'B' rating. CDP Supplier Engagement 'A' (Leaderboard) for 4th consecutive year.

sustainability_report p.18

By FY2025/26: 100% of PC products to contain post-consumer recycled content; 300M pounds PCR plastics cumulative since 2005; 800M pounds end-of-life products recycled/reused cumulative; 90% PC plastic packaging from recycled materials.

sustainability_report p.14

By FY2025/26, 90% of Lenovo's global operations' electricity will be obtained from renewable sources. Pathway combines on-site renewable energy generation, power purchase agreements (PPAs) with providers, and procurement of renewable energy credits. Hierarchical approach prioritises energy efficiency first, then on-site generation, then renewable energy commodities.

sustainability_report p.13

By FY2049/50, Lenovo will reduce absolute Scope 1, 2 and 3 emissions by 90%, then neutralize remaining 10% of emissions through carbon capture, reforestation, or other means. Removals strategy described at high level; no specific volumes, durable removal type (DAC/BECCS), or vintage policy disclosed in this presentation.

sustainability_report p.12

Largest Scope 3 category at ~47% of FY23/24 Scope 3. Lever: reduce product emissions through energy efficiency improvements (50% improvement target for desktops/servers by FY2029/30; 30% for notebooks/Motorola), and engage customers to use more renewable energy.

sustainability_report p.13

Lever: hierarchical combination of energy efficiency improvements at sites, on-site renewable energy generation, and renewable energy commodity procurement. Scope 1+2 is ~1% of total footprint so target focuses on absolute reduction from FY2018/19 base year.

sustainability_report p.13

Recycled/reused 94,000 metric tons of customer products in FY23/24. Targets by FY2025/26: 84% of repairs at customer site; 76% of repairable PC parts repaired for future use; 800M pounds cumulative end-of-life recycling/reuse since 2005. All ThinkPad lines except E series achieved plastic-free primary packaging.

sustainability_report p.14

Board of Management decided in March 2023 to set a new interim target for 2030 to reduce scope 1-3 emissions by 55% against 2020. Currently under SBTi review (TM US already approved).

sustainability_report p.1

With the new 2030 target decided in 2023, base year will shift to 2020 next year. Indirect use phase emissions from devices not bought from DT will be excluded per SBTi.

sustainability_report p.204

On January 19, 2023, Lenovo announced its SBTi validated target to reach net-zero greenhouse gas emissions by 2050, with a 90% reduction across Scope 1, 2, and 3 emissions. First PC and smartphone maker validated by SBTi.

sustainability_report p.21

~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.

sustainability_report p.399

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).

sustainability_report p.20

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.

sustainability_report p.340

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.

sustainability_report p.163

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

sustainability_report p.206

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.

sustainability_report p.165

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.

sustainability_report p.59

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.

sustainability_report p.311

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.

sustainability_report p.141

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.

sustainability_report p.216

DT has held CDP A-list status since 2016. Reasonable assurance maintained on scope 1 and scope 2 market-based emissions; limited assurance on scope 3 and scope 2 location-based.

sustainability_report p.57

DT is Lead Member and founding member of German UN Global Compact Network. Aligns with UN SDGs including 7, 8, 9, 11, 12, 13. Founding member of GeSI.

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Decisions in 2022 include working on device and network circularity with target of full circularity for devices and network components by 2030. Refurbished smartphone offers expanded under Green Magenta label.

sustainability_report p.6

Per new Supplier Code of Conduct, suppliers must minimize negative impacts on biodiversity, deforestation, climate change and water scarcity. DT endorses Pro Wildlife initiative.

sustainability_report p.420

DT's networks consumed over 12 TWh of electricity in 2022, with 100% from renewable sources. This is the single largest scope 2 lever for the operator, achieved via PPAs (increasing share targeted to 50% by 2025), on-site solar, GOs and RECs.

sustainability_report p.286

From 2023 onwards, all new benefit cars in Germany must be electric vehicles. T-Systems restricted ordering of new fossil-fuel business cars to exceptional cases from May 2022, setting EVs as standard. Bonus/malus system since 2010 incentivizes low-emission selection. The Board decided on full electrification of the business vehicle fleet in Germany in 2022.

sustainability_report p.8

PLASMA project started 2018 reduced DT Germany electricity consumption by 274 GWh through 2021 and 114 GWh additional in 2022. Measures include 3G network switch-off (June 2021), migration to IP, dynamic spectrum sharing for 5G, AI-based smart energy management, replacement of air-conditioning with direct air-cooling fan doors, and compliance with EU Broadband Code of Conduct. PASM ISO 50001 certified since 2013.

sustainability_report p.89

Supplier Code of Conduct published May 22, 2022 requires verified scope 1-3 GHG emissions disclosure via CDP, reduction plans aligned with DT's -55% by 2030 target, and minimization of biodiversity, deforestation, climate and water impacts.

sustainability_report p.7

DT's net-zero plan envisions reducing scope 3 emissions by at least 90% by 2040, with remaining emissions compensated by 'credible long-term carbon removals.' For scope 1&2 by 2025, up to 95% reductions plus credible carbon removals for the rest. In 2022 DT retired ~30,786 tCO2e of project-based credits (VCS Dagushan hydro China, GS Anhua biodigester China, CDM Paraiso hydro Brazil, VCS Brazil ceramic fuel switch). These are emission-reduction credits rather than durable removals; DT does not yet disclose DAC/BECCS/biochar volumes.

sustainability_report p.170

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.

sustainability_report p.163

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.

sustainability_report p.124

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.

sustainability_report p.48

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.

sustainability_report p.123

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.

sustainability_report p.22

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.

sustainability_report p.365

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

sustainability_report p.141

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.

sustainability_report p.356

Original SBTi-approved absolute target to reduce scope 1+2 by 90% from 2017 baseline by 2030. Achieved early in 2022 (104.7% of target).

sustainability_report p.117