October 12, 2023 – Lenovo is happy to announce that it was included within the 2023 Cling Seng Company Sustainability Index with an AA rating. This index is primarily based on a strong course of that features consideration of the outcomes from a sustainability evaluation undertaken by Hong Kong High quality Assurance Company (HKQAA), an impartial {and professional} evaluation physique, utilizing its proprietary sustainability evaluation and score framework. Amongst 517 Hong Kong-listed corporations, Lenovo acquired the strongest rating within the IT trade for its environmental and social achievements.
Corporations’ performances are evaluated on seven topics underneath the classes of Environmental, Social and Governance: Company Governance, Human Rights, Labour Practices, The Atmosphere, Truthful Working Practices, Shopper Points and Neighborhood Involvement and Growth. New practices have been added this yr corresponding to worker well-being, round enterprise strategy, and waste audit.
Inclusion within the Cling Seng Company Sustainability Index demonstrates Lenovo’s long-term dedication to driving a extra sustainable future for all. Lenovo has elevated funding in renewable power, tripling its photo voltaic power era since FY 2018/19. Lenovo is concentrated on integrating sustainable supplies and minimizing waste by progressive product design. Lenovo is growing its participation within the round economic system by persevering with to develop the variety of merchandise that combine ‘closed loop’ recycled content material (from end-of-life IT and electronics) of their design (as much as almost 300 from 246 the prior fiscal yr). Lenovo has additionally grown its neighborhood investments, saying a greater than USD $30M in affect by its world philanthropy efforts, and impacting greater than 16 million lives.
Study extra about Lenovo’s ESG efficiency on Lenovo StoryHub and the FY 2022/23 ESG Report.
About Lenovo
Lenovo (HKSE: 992) (ADR: LNVGY) is a US$62 billion income world expertise powerhouse, ranked #217 within the Fortune World 500, using 77,000 individuals around the globe, and serving tens of millions of shoppers on daily basis in 180 markets. Centered on a daring imaginative and prescient to ship smarter expertise for all, Lenovo has constructed on its success because the world’s largest PC firm by additional increasing into progress areas that gas the development of ‘New IT’ applied sciences (shopper, edge, cloud, community, and intelligence) together with server, storage, cell, software program, options, and companies. This transformation along with Lenovo’s world-changing innovation is constructing a extra inclusive, reliable, and smarter future for everybody, in all places. To seek out out extra go to https://lenovo.com, and skim concerning the newest information by way of our StoryHub.
