Business Wire

Lenovo's CO2 Offset Service Receives First-Of-Its-Kind DEKRA Validation in Sustainability

Share

As the demand for environmentally-conscious products and services grows, Lenovo today announced the DEKRA validation of its global CO2 Offset Service. Conducted by the Business Assurance Services unit of this international testing, inspection, and certification organization, this is the first DEKRA audit of its kind for an electronics manufacturer. Consisting of an in-depth assessment of Lenovo’s carbon footprint calculation process, DEKRA has validated the accuracy of the related claims and verified the service’s CO2 compensation process.

Originally launched as a pilot in the Nordics in 2019, the now globally available Lenovo CO2 Offset Service helps companies offset the carbon emissions associated with their Lenovo hardware through one of several ecological projects supported by the United Nations. This service is unique in that, while it does not actively lower carbon emissions for the customer, it does the heavy lifting of calculating the average emissions of each purchased device across its lifecycle over a period of five years. That carbon impact is then offset via a contribution to the selected environmental project and clearly communicated to the customer in metric tonnes for easy traceability, thus compensating emissions of the Lenovo hardware purchased.

“Obtaining an internationally recognized validation certificate from DEKRA is paramount for a service like this, as our customers have to be able to trust our CO2 offset claims in order to confidently attribute the compensation to their own sustainability goals. By serving as a trusted partner in this regard, we aim to make sustainability more tangible, transparent, and traceable for organizations around the world,” said John Stamer, Vice President of International Commercial Services within Lenovo’s Solutions & Services Group.

To date, 18 months after launching the service, Lenovo’s commercial customers have offset 356,411 metric tonnes of carbon dioxide across their purchases of Think PCs (desktops, workstations, laptops) and monitors. That’s the equivalent of the amount of greenhouse gas emitted from over 77,000 passenger vehicles driven over the course of one year.i

“Within the sustainable services arm of DEKRA, we conduct objective, third-party audits and assessments in order to verify the sustainability performance of different organizations. Lenovo’s CO2 Offset Service provided a unique opportunity for us to evaluate a process that, in a similar regard, supports other companies’ sustainability efforts, and we hope that the resulting validation statement further instills confidence in their ability to do that,” said Roman Zadrozny, Executive Vice President DEKRA Group, Head of Service Division Audit.

For more information on Lenovo’s sustainability efforts, please refer to its 2021 Environmental, Social and Governance Report. Additional information on the Lenovo CO2 Offset Service can also be found on the Lenovo website.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$60 billion revenue Fortune Global 500 company serving customers in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that power (through devices and infrastructure) and empower (through solutions and software) millions of customers every day and together create a more inclusive, trustworthy and sustainable digital society for everyone, everywhere. To find out more visit https://www.lenovo.com and read about the latest news via our StoryHub.

Lenovo is a trademark of Lenovo. All other trademarks are the property of their respective owners. ©2021, Lenovo Group Limited.

i According to the Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Charlotte West, cwest@lenovo.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

IFF Declares Dividend for Second Quarter 20241.5.2024 22:15:00 CEST | Press release

IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 10, 2024 to shareholders of record as of June 21, 2024. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet. Learn more at iff.com, Twitter, Facebook, Instagram, and LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20240501801418/en/Contact information Media Relations: Paulina Heinkel 332.877.5339 Media.request@iff.com Investor Rela

Qualcomm Earnings Release Available on Company’s Investor Relations Website1.5.2024 22:00:00 CEST | Press release

Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its second quarter of fiscal 2024 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov. As previously announced, Qualcomm will host a conference call to discuss its fiscal second quarter results which will be broadcast live on May 1, 2024, beginning at 1:45 p.m. Pacific Time (PT) at http://investor.qualcomm.com/events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13745532. About Qualcomm Qua

Oceansix Announces Full-Year 2023 Financial Results1.5.2024 20:24:00 CEST | Press release

Oceansix Future Paths Ltd. (“Oceansix” or the “Company”), a leader in sustainable technology and manufacturing, today announced its financial results for the year ended December 31, 2023. The Company is publicly traded on the TSX Venture Exchange (TSXV: OSIX), the New York OTCQB (AKMYF), and the Frankfurt Stock Exchange (WKN: A3EFB0). Annual Financial Highlights: Sales Growth: Significant growth of sales in our key subsidiary, Flome, showcasing strong market performance and product demand. Bottom Line Improvement: Adjusted bottom line shows considerable progress, factoring in recoverable impaired amounts and other incomes. E-commerce Focus: The e-commerce project remains central to our strategy, with promising updates expected soon. Shareholder Support: Strong commitment from existing shareholders to support and expand their stakes in the company, underlining confidence in our growth trajectory. Financial Statements and Detailed Analysis The full consolidated financial statements and t

LambdaTest Enhances Security and Performance with SOCKS5 Proxy and HTTP/2 Support1.5.2024 18:00:00 CEST | Press release

LambdaTest, a leading cloud-based unified testing platform, announced enhanced functionalities within its LambdaTest Tunnel feature. These advancements include comprehensive support for SOCKS5 proxies and built-in HTTP/2 protocol handling, empowering developers and QA professionals with a more secure, performant, and future-proof testing environment. LambdaTest Tunnel now seamlessly integrates with SOCKS5 proxies, offering an additional layer of security for data transmission during testing. This is particularly valuable for users working within complex network environments or those requiring unrestricted access to internal web applications. Additionally, the tunnel feature simplifies testing modern web applications by offering automatic support for HTTP/2, the latest web protocol. This eliminates the need for manual configuration and ensures accurate performance testing that reflects real-world browser-server interactions. “The addition of SOCKS5 proxy support and automatic HTTP/2 han

Rocket Software Closes $2.275B Acquisition of OpenText’s Application Modernization and Connectivity Business1.5.2024 16:05:00 CEST | Press release

Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, has expanded upon its position as a partner of choice empowering the world's leading businesses on their modernization journeys. Closing the acquisition of the Application Modernization and Connectivity (AMC) business of OpenText, formerly part of Micro Focus, Rocket Software now offers customers modernization software solutions spanning the mainframe to the cloud. With a total purchase price of $2.275 billion, before taxes, fees and other adjustments, the deal increases the company’s revenue by over 60% and expands its customer base to more than 12,500 companies and network to more than 750 partners worldwide. In addition, the company welcomes more than 770 new software engineers, go-to-market professionals and other supporting team members and is hiring hundreds of additional Rocketeers to complement its existing team. “Rocket Software’s customers are global market leaders that are consta

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye