Its goal is also to purchase 90% of electricity from renewable sources and clear one million tons of GHG emissions from its supply chain by FY 2025/26.
Lenovo says these goals support its 2030 science-based targets, which include reducing scope 1 and 2 emissions by 50% and decreasing emissions intensity throughout the value chain by 25% in three main areas (products, suppliers and transportation).
The company is exploring a path to net-zero targets after being chosen by the Science Based Targets initiative (SBTi) to road test science-based methodology for achieving net-zero emissions.
“It is now up to global businesses and their leaders to continue building resilience into our operations and among our communities in the months, years, and decades to come,” explains Lenovo CEO Yang Yuanqing.
Lenovo says it will continue transitioning to a circular economy through supply chain and product design innovation while optimising the use of sustainable materials to minimise waste.
By FY 2025-26, Lenovo wants 100% of its PC products will contain post-consumer recycled materials and 90% of plastic packaging will be made from recycled materials.
Smartphone packaging will use 50% less single-use plastics and will see a 10% reduction in size and volume by FY 2025-26.
Lenovo will enable the recycling and reuse of 363 million kilograms of end-of-life products and will have used 136 million kilograms of post-consumer recycled content plastics in its products.
Lenovo’s social impact goals also propel its commitment to fostering an inclusive environment.
By FY 2025-26, Lenovo wants more diversity in their workforce. By establishing representation goals within the company, women will account for 27% of global executive roles (up from 21% percent in 2020) while underrepresented minorities will stand at 35% of executive roles in the US (compared to 29% in 2020).
Following the 2020 launch of Lenovo’s Product Diversity Office, the company aims to have 75% of its products vetted by inclusive design experts to ensure they work for everyone, regardless of physical attributes or ability, by FY 2025/26.
Lenovo also wants to provide career training, job skills building, and device ownership to 15 million people through its philanthropic programs and partnerships.
For more information on Lenovo's initiatives, watch the video below: