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1、 Lenovo Group Limited2024/25 Environmental,Social and Governance ReportHKD COUNTER STOCK CODE 992RMB COUNTER STOCK CODE 80992Table of contents1.0 Executive letters4A letter from our Chairman and CEO6A letter from our Chief Legal&Corporate Responsibility Officer82.0 About this report11About this repo
2、rt12Organizational profile13Material topics13Aligning with the United Nations Sustainable Development Goals163.0 Environmental17Environmental management system(EMS)19Climate change20Waste26Water27Environmentally conscious products28Packaging35Product end-of-life management(PELM)36Circular economy37B
3、iodiversity 38Environmental highlight394.0 Social40Labor practices42Health and safety43Employment and talent management practices47Global philanthropy and community engagement52Inclusive workplace565.0 Governance60ESG governance62Business practices66Product quality management72Innovation74Governance
4、 highlights756.0 Global supply chain78Supply chain ESG practices80Supplier inclusion907.0 Consolidated metrics92FY 2024/25 consolidated metrics938.0 EMS performance,objectives,and targets111FY 2024/25 EMS performance,objectives,and targets1139.0 Long-term KPI progress122Long-term ESG key performance
5、 indicators(KPI)12310.0 Appendix128FY 2024/25 memberships and associations129Scope of the report130Supplemental climate-related disclosures131GRI content index134The Hong Kong Stock Exchanges ESG Reporting Guide content index1391.0Executive lettersA letter from our Chairman and CEOA letter from our
6、Chief Legal&Corporate Responsibility Officer6 86Lenovo Group Limited 2024/25 Environmental,Social and Governance Report2025 marks Lenovos 20th anniversary of our journey as a global corporate citizen.Today,we are a technology powerhouse enabling hybrid AI for all through the delivery of smart device
7、s,infrastructure,solutions and services across more than 180 markets.We are powered by a global and culturally diverse workforce from our top leadership to our in-market teams.And we are committed to demonstrating our corporate citizenship through alignment to best-in-class industry standards in ESG
8、.Responsible governance in the era of AIAs our business focuses on enabling smarter AI for all,we continue to govern our use and application of AI across our business.Building on the creation of the Responsible AI Committee in 2022,in 2024 we implemented a company-wide policy governing the use of AI
9、 in our workforce and our technology.The policy covers ethical,legal,safety and privacy concerns related to AI,and aligns to additional external commitments we have signed on to this year including European Commissions AI Pact,Government of Canadas Voluntary Code of Conduct on the Responsible Develo
10、pment and Management of Advanced Generative AI Systems,and UNESCOs Commitment for Responsible AI.By blending external recommendations with our own values of inclusion,sustainability,privacy and security,our AI policy is working to safeguard and ensure AIs future and potential benefit for humanity.In
11、novating for Social ImpactAt Lenovos Tech World event in October 2024,I was proud to once again feature an impactful example of AIs potential to serve humanity.Through Lenovos collaboration with the Scott-Morgan Foundation and DeepBrain AI,we created an AI Avatar that holds game-changing possibiliti
12、es to enable communication for people with severe physical disabilities.I continue to be moved by the potential of AI to enable,connect and preserve human communication,and how this brings our smarter technology for all vision to life.In addition to inspiring new technology innovations,in 2024 we al
13、so shared a policy that ensures AI solutions embedded in our own technology are reviewed to mitigate any unintended or exclusionary biases based on a users background or ability.A letter from our Chairman and CEOExecutive letters About this report Environmental Social Governance Global supply chain
14、Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix7Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportAI for SustainabilityAIs transformative impact is not limited to human and social impact issues.It also stands to revolutionize our abili
15、ty to measure and better manage our impact on the planet.In 2024,we harnessed the power of generative AI through Lenovo Intelligent Sustainability Solutions Advisor(LISSA)solution to estimate emissions across the IT lifecycle.In October,we proudly shared the Lenovo ESG Navigator solution in select m
16、arkets after developing and applying it in our own factories.The tool helps monitor key ESG metrics at our customers factory sites and delivers near-real-time insights on greenhouse gas(GHG)emissions and energy use.While we embed sustainability and AI in our services-led transformation,we are also i
17、nnovating to improve energy efficiency for computing with the next era of Lenovo NeptuneTM liquid cooling technology.The latest generation reshapes our traditional water cooling and data center design with 100%heat removal,allowing customers to run 100KW+server racks without specialized air conditio
18、ning.The improved efficiency and simplification of the new Lenovo NeptuneTM liquid cooling enables supercomputing for organizations of all sizes with scalable solutions and services.Progress and recognitionsI am proud to see the dedication and commitment of our teams reflected in the achievements re
19、ceived this fiscal year:EcoVadis awarded Lenovo with a Platinum Medal in its global sustainability ratings.CDP recognized Lenovo for Climate Change Leadership(A)and Water(A-).Lenovo is ranked#10 in Gartners 2024 Global Supply Chain Rankings.MSCI awarded Lenovo with AAA in its ESG Assessment Ratings.
20、Lenovo received the Gold Award in the Most Sustainable Companies/Organizations category of the Best Corporate Governance and ESG Awards,organized by the Hong Kong Institute of Certified Public Accountants(HKICPA).The age of AI is here,and the tenets of responsible self-governance,human-centered inno
21、vation,and prioritizing sustainability will ensure that we realize our vision of delivering smarter AI for all.Our consistent,values-based approach and the authentic strength of our global diversity are core to our resilience as we work toward our future goals and a smarter,more sustainable future.Y
22、uanqing YangChairman and Chief Executive OfficerLenovo Group Limited8Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportA letter from our Chief Legal&Corporate Responsibility OfficerLenovo set its first emissions reduction targets in 2010 and weve seen many changes in the fifteen
23、 years that have followed.Claims and commitments have been made,standards have been created,and climate change has grown as a disruptive risk for businesses around the world.Through many trends and shifts,Lenovo has continued to measure and share our greenhouse gas(GHG)emissions annually in this rep
24、ort.In 2020,we met our first generation of GHG emissions reduction targets and set our second generation of targets aligned to the Science Based Targets initiatives Net-Zero Standard.For all the changes weve seen and all those yet to come,credibility and collaboration have persevered as the hallmark
25、s of all our sustainability.In the past few years,Artificial Intelligence has enabled sweeping changes and efficiencies across industries,bringing benefits to the sustainability space.Weve seen use cases for AI that enable stronger measurement,more efficient data consolidation,and improve our unders
26、tanding of how our environmental impact could help us overcome the most challenging battles in the fight against climate change.In 2023,after having our net-zero emissions reduction targets validated by the Science Based Targets initiative,Lenovo shared its Climate Transition Plan.This plan continue
27、s to guide our work to measure and manage emissions across our global enterprise.Our close planning and oversight have kept us on-track for our near-term 2030 emissions reduction targets.Executive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS
28、performance,objectives and targets Long-term KPI progress Appendix9Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportAs we look ahead to FY 2025/26,we approach several new milestones in our ESG journey.Next year will mark the completion of the first generation of corporate ESG t
29、argets.It will also be a year of transition for our Chief Legal and Corporate Responsibility Officer role,as I retire from Lenovos management at the end of this fiscal year,and am succeeded in this role by David Carroll.Under his leadership,we will look forward to learning from this first generation
30、 of business goals and continuing our track record of improvement with the next generation of targets.Just like our first emissions reduction targets set in 2010,we will continue to measure,manage,and communicate our performance and insights,collaborating along the way to create a smarter,more susta
31、inable future for all.Laura QuatelaSenior Vice President,Chief Legal&Corporate Responsibility OfficerLenovo Group LimitedThis year Lenovo hosted its first Lenovo 360 Circle Summit in Brussels,bringing together stakeholders from two of our strongest collaborative initiatives in sustainability the Len
32、ovo 360 Circle and the Supply Chain Emissions Reduction Program.The Lenovo 360 Circles channel partner community has been working together since 2022 to accelerate progress towards common sustainability goals.Together with the Supply Chain Emissions Reduction Program,which focuses on engaging suppli
33、ers as they seek to make climate disclosures,set science-based targets,and deploy renewable energy,we can create alignment and share best practices with important stakeholders across our value chain.The conversations,cooperation,and sincere commitment to making a positive impact during the Summit de
34、monstrated the change we can make through our global scale and networks.As a global corporate citizen,Lenovo understands the importance of making a positive social impact and invests in the wellbeing and empowerment of communities around the world.We are on-track to directly impact more than 15 mill
35、ion lives through our philanthropic strategy from 2020-2025,made possible by programs like the annual employee-led Love on Month of Service and its record-breaking impact in 2024.Our employee engagement programs build our We Are Lenovo culture and create an inclusive workplace.Lenovo continues to be
36、 focused on fostering inclusion in our global workplaces and understands the importance of creating an environment where all can succeed.Embracing people of all backgrounds and abilities is critical to Lenovos vision of providing smarter technology for all.Were proud of the recognition weve received
37、 as we make progress towards stronger global inclusion in our workforce.10Lenovo Group Limited 2024/25 Environmental,Social and Governance Report11Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply
38、chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix2.0Aboutthis reportAbout this reportOrganizational profileMaterial topicsAligning with the United Nations Sustainable Development Goals1213131612Lenovo Group Limited 2024/25 Environmental,Social and Gove
39、rnance ReportExternal assuranceAccredited third parties have provided verification services for certain energy,greenhouse gas(GHG)emissions,waste,and water data in this report.Please see the Environmental section of this report for more details.Scope of this reportFor purposes of this report,unless
40、the context otherwise requires,the terms“Lenovo”or“Lenovo Group”or the“Group”refers to Lenovo Group Limited together with its subsidiaries.The contents of this report apply to the Company,together with its principal Lenovo-branded and Motorola-branded subsidiaries(the Covered Entities),except where
41、noted.Where certain topics also include other principal subsidiaries,it is noted.The scope of the Covered Entities material topics and the boundaries within their value chain are detailed in the table included in the Appendix of this report.The table also includes the scope of coverage for the infor
42、mation that extends to subsidiaries directly or indirectly held by the Company and that are identified in the FY 2024/25 Annual Report.All disclosures and results are for the Groups progress in FY 2024/25 unless otherwise noted.The scope of this report was determined using a financial threshold with
43、 reference to the contributions of the subsidiaries or operations to the total revenue of the Group.Basis of calculationsAll financial data is denoted in US Dollars.Lenovo may in some instances face various challenges when measuring its performance.If there are contingencies associated with the data
44、 provided,those contingencies will be noted in the documentation.Contact informationFor questions or other information about this report,please contact:Ms.Jeannie Kwong,ESG Reporting Manager8001 Development Drive,Morrisville,NC 27560Email:2.0 About this reportAbout this reportThis is the 19th annual
45、 Environmental,Social,and Governance(ESG)Report of Lenovo Group Limited+(HKD counter stock code:992/RMB counter stock code:80992)(the Company),which covers the Fiscal Year(FY)2024/25(April 1,2024 March 31,2025).This report is considered a companion document to the Companys FY 2024/25 Annual Report.T
46、he annual ESG update can be found in the Managements discussion&analysis of the Annual Report.Report contentThe content of this report is guided by the then ESG Reporting Guide applicable to the Company for FY 2024/25(renamed as the ESG Reporting Code with effect from January 1,2025)as set out in Ap
47、pendix C2 to the Rules Governing the Listing Rules of Securities(Listing Rules)on The Stock Exchange of Hong Kong Limited(the Hong Kong Stock Exchange),the Global Reporting Initiative(GRI)Standards,and the needs of Lenovos stakeholders.This report has been prepared with reference to the GRI 2021 Sta
48、ndards and in accordance with the ESG Reporting Guide of the Hong Kong Stock Exchange.The GRI content index and the Hong Kong Stock Exchanges ESG Reporting Guide content index are included in the Appendix of this report.The Company has complied with all mandatory disclosure requirements and“comply o
49、r explain”provisions,including following the reporting principles,as set out in the ESG Reporting Guide of the Hong Kong Stock Exchange.Lenovo adheres to the following reporting principles in preparing the report:Materiality Lenovo conducts regular materiality assessments and stakeholder engagement
50、to identify and report on material ESG issues to investors and other stakeholders.Quantitative Lenovo,where appropriate,sets targets with the aim to reduce its impacts and to evaluate and validate its efforts in a measurable manner.Balance Lenovo aims to present information in a transparent and unbi
51、ased manner to provide a holistic view of its overall ESG performance.Consistency Lenovo aims to use consistent methodologies to allow for meaningful comparisons of ESG data over time and provide information where there are significant changes.+Lenovo Group Limited is the ultimate holding company of
52、 Lenovo Group.As a holding company,it does not design,develop,manufacture,or distribute products or services,or control any activities of the Companys subsidiaries in the design,development,manufacture,or distribution of products or services.13Lenovo Group Limited 2024/25 Environmental,Social and Go
53、vernance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixOrganizational profileLenovo is a US$69 billion revenue global technology powerhouse.Ranking#248 in the Fo
54、rtune Global 500 in 2024,Lenovo serves millions of customers every day in 180 markets.The Company is incorporated and listed in Hong Kong SAR,China,and Lenovos headquarters are in Beijing,China,and North Carolina,USA.Focused on a bold vision to deliver smarter technology for all,Lenovo has built on
55、its success as the worlds largest PC company with a full-stack portfolio of AI-enabled,AI-ready,and AI-optimized devices(PCs,workstations,smartphones,tablets),infrastructure(server,storage,edge,high performance computing and software defined infrastructure),software,solutions,and services.Lenovos co
56、ntinued investment in world-changing innovation is building a more equitable,trustworthy,and smarter future for everyone,everywhere.The Company acquired IBMs PC Division in May 2005.In January 2011,Lenovo announced a joint venture with NEC Corporation,which resulted in the creation of the largest PC
57、 group in Japan.In October 2014,the Company acquired both Motorola Mobility and IBMs X86 servers.In November 2017,Lenovo launched a joint venture with Fujitsu Limited.In 2022,the Company announced a strategic partnership with PCCW Limited to form a technology solutions powerhouse,leveraging the comb
58、ined strengths of both companies.Most recently in January 2025,the Company and Alat Technologies Company,a PIF company,announced the completion of a US$2 billion investment and reached strategic collaboration agreements.Material topicsLenovo recognizes the importance of understanding a variety of in
59、formed perspectives as it develops and drives its ESG programs.Through ongoing engagement with stakeholders,Lenovo identifies ESG-related material topics through a process that includes a range of inputs which align with its significant environmental,social,and governance impacts;or that substantive
60、ly influence the decisions of stakeholders.The process outcomes help guide the Groups ESG goals,targets,disclosure practices,and ongoing engagement with its stakeholders.For FY 2023/24,28 ESG topics were identified as potentially material to Lenovo based on considerations including but are not limit
61、ed to desktop research,results from customer surveys and investor outreach,benchmarking analysis,updates from non-governmental organizations(NGOs),industry,and regulators,internal strategy,and regular interactions between internal and external stakeholders.Through a survey,the topics were rated and
62、prioritized by 50 internal stakeholder representatives(representatives)who were selected based on considerations,as it relates to ESG,including the extent of regular interactions between the representatives and the represented stakeholder groups,and the extent of knowledge of and/or experience with
63、or in the represented stakeholder groups,Lenovo,and the IT industry.The topics were rated and prioritized by considering the degree of importance of each topic related to Lenovos business continuity,Lenovos stakeholders,and Lenovos impact on the economy,environment,and people,including human rights.
64、For FY 2024/25,28 representatives,selected based on the aforementioned considerations,were engaged via a survey to ensure that the material topics remain valid.The validity was confirmed resulting in no change to the material topics.For both reporting periods,the Board of Directors and the ESG Execu
65、tive Oversight Committee(ESG EOC)of the Company have reviewed and approved the materiality assessment process and results,ensuring that there is alignment with the Groups policies,business strategies,and risk priorities.Details regarding Lenovos ESG Governance and the role of the ESG EOC are include
66、d in the Governance section of this report.Lenovo is enhancing its materiality assessment process as it prepares for various upcoming regulatory requirements including Corporate Sustainability Reporting Directive(CSRD).Disclosures in subsequent reporting periods will reflect any changes made.14Lenov
67、o Group Limited 2024/25 Environmental,Social and Governance ReportThe material topics for the FY 2024/25 reporting year and associated report sections are detailed in the chart below.TopicsReport sectionEnvironmentClimate changeClimate changeEnergy managementClimate changeProduct end-of-life managem
68、ent and carbon footprintEnvironmentally conscious productsProduct end-of-life management(PELM)Product materialsEnvironmentally conscious productsProduct packagingPackagingProduct repairabilityEnvironmentally conscious productsSupply chain management environmentalSupply chain ESG practicesTransportat
69、ion and distributionClimate changeWaste managementWasteWater managementWaterSocialCommunity engagementGlobal philanthropy and community engagementInclusive workplaceInclusive workplaceHealth and safetyHealth and safetyHuman rightsLabor practicesLabor practicesLabor practicesHealth and safetyEmployme
70、nt and talent management practicesPhilanthropyGlobal philanthropy and community engagementGovernanceCyber security and data privacyBusiness practicesEthical Artificial Intelligence(AI)*Business practicesEthics and integrityESG governanceBusiness practicesInnovationInnovationProduct quality and safet
71、yProduct quality managementRegulatory complianceGovernanceReporting and disclosureAbout this reportConsolidated metricsStakeholder engagementMaterial topics*This topic was initially identified as a social matter in the FY 2023/24 materiality assessment,however,as the importance of AI has grown,the i
72、mpacts are being managed through the Companys governance practices.As a result,this topic is discussed in the Governance section.15Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidat
73、ed metrics EMS performance,objectives and targets Long-term KPI progress AppendixStakeholder engagementThe Group actively manages its relationships with internal and external stakeholders who may be impacted by the organizations ESG performance and whose actions can affect the organizations value.Di
74、rect and indirect stakeholder engagement is conducted through regular business practices or through interactions with relevant stakeholders.Stakeholder representativesCommunication methods and channelsRepresented stakeholder groupsCommunication topicsInvestorsInvestor Relations;Analysts;shareholders
75、;financial institutions;Hong Kong Exchanges and Clearing LimitedInterim and Annual Reports;Annual General Meeting(AGM)and other General Meetings;website;webcastsQuarterly,interim,and annual financial results;climate change;diversity and inclusion(D&I);corporate governance;ESG initiatives,goals,and t
76、argetsEmployeesHuman Resources;TalentAcquisition;Philanthropy;Social Impact subject matter expertsInternal emails;surveys;intranet;Employee Resource Groups;social mediaTraining and development;D&I;corporate governance;climate change;health and safety;employee engagementCustomersSales;Customer Suppor
77、tDirect interactions with customers via meetings or written responses;customer focus groups;responses to customer-requested surveys;website;social mediaProduct energy and carbon data;corporate climate change metrics;product recycled content information;supplier due diligence informationSupply chainS
78、uppliers;Global Supply ChainSurveys and audits;Responsible Business Alliance(RBA);Global Supply Chain;website;newslettersEnvironmental performance;human rights;labor practices;distribution;health and safety;D&I;climate change;supplier trainingCommunitiesNGOs;philanthropic organizations;civic and com
79、munity partnerships;regulators and legislatorsCommunity service events;surveys;emails;service campaigns;website;social mediaAccess to technology;STEM education;community engagement;natural disastersAdvocacy groupsGlobal,national,and local alliances;NGOsTechnical working groups;webinars;newslettersSu
80、pply chain due diligence;climate change;water management;product end-of-life management;circular economy;D&I;philanthropy Board of DirectorsCompany Secretary;Directors;LenovoExecutive Committee;ESG EOCBoard meetings and newsletters;emails;AGMCorporate governance;ESG oversight;climate change;ESG risk
81、s and opportunities;ethics and complianceRegulators andlegislatorsGovernment agencies;patent board;GovernmentAfairs;LegalCompliance assessment tools;regulatory tracking services;external legal resources;newsletters;webinarsRegulatory and compliance requirements and trends including those related to
82、data security and labor practiceIndustry associationsNational or local industry associations;certification or conformance groups;industry councils;standards development working groupsNewsletters;meetings;webinars;emailsPolicy recommendations;regulatory updates and standards development activities fo
83、r energy efciency;chemicals restrictions;ecolabelsThese lists depict representative examples and are not exhaustive.16Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportAligning with the United Nations Sustainable Development GoalsWith operations and supply chains that extend aro
84、und the world,Lenovo is uniquely positioned to support the global collective impact of business by aligning its practices to a sustainable and inclusive future.Since 2009,Lenovo has continued its role as a signatory supporter to the United Nations Global Compact(UNGC),a globally recognized platform
85、that provides a blueprint for businesses that want to achieve a more sustainable future for all.As a business participant in the UNGC,Lenovo strives to demonstrate continuous improvement as it aligns operations and practices with the ten principles of the UNGC.The principles promote a value system t
86、hat supports the fundamental responsibilities in the areas of governance,human rights,labor,environment,and anti-corruption in the markets where Lenovo operates.See here for information on Lenovos UNGC Communication on Progress(CoP).Lenovos ESG initiatives include activities that directly and indire
87、ctly support the United Nations Sustainable Development Goals(SDGs).This information can be found throughout the Environmental,Social,and Governance sections of this report.EnvironmentalSocialGovernance17Lenovo Group Limited 2024/25 Environmental,Social and Governance Report3.0EnvironmentalEnvironme
88、ntal management system(EMS)Climate changeWasteWaterEnvironmentally conscious productsPackagingProduct end-of-life management(PELM)Circular economyBiodiversityEnvironmental highlight1920262728353637383918Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About th
89、is report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix19Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global
90、 supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix3.0 EnvironmentalEnvironmental management system(EMS)Lenovo manages the environmental elements of its operations through a global environmental management system(EMS)that covers Lenovos worldwide
91、 product design,development,and manufacturing operations(including distribution,fulfillment,and internal repair operations)for computer products and devices,data center products,mobile devices,smart devices,accessories,and converged network equipment.The scope encompasses these same activities when
92、performed by its subsidiary and/or affiliate companies.All of Lenovos sites in the EMS scope are ISO 14001:2015 certified.See here to view Lenovos Global ISO 14001:2015 certificates.Lenovo has established,implemented,and maintained an Environmental Affairs Policy which can be viewed here.Within the
93、framework of Lenovos EMS,it annually conducts a Significant Environmental Aspect(SEA)evaluation process where it identifies and evaluates the aspects of its operations that have actual or potential significant impacts on the environment using a methodology that includes input from Lenovos Enterprise
94、 Risk Management(ERM)process.Metrics and controls are established for these significant environmental aspects.Performance relative to these metrics is tracked and reported.Performance targets are established for select environmental aspects annually with considerations including Environmental Affair
95、s Policy,regulatory requirements,customer requirements,stakeholder input,environmental and financial impact,and management directives.During FY 2024/25,Lenovos significant environmental aspects included:Product materials including use of recycled plastics and environmentally preferable materials whe
96、re possible Product packaging Product energy consumption and emissions Product end-of-life management Site air emissions,specifically greenhouse gas(GHG)emissions Site energy consumption Supplier environmental performance Product transportation Waste management Water management Impact of Lenovos net
97、-zero commitmentObjective and performance targets have been established for the aspects listed above.Lenovos performance against these objectives and targets is available in Section 8.0.Lenovos energy,GHG emissions(Scope 1 and 2),waste,and water data are externally verified to a reasonable level of
98、assurance.Lenovos GHG emissions(Scope 3)data is externally verified to a limited level of assurance.The FY 2024/25 Verification Statements for GHG,Energy,Waste and Water can be viewed here.20Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportLenovos Chief Legal&Corporate Responsi
99、bility Officer provides executive leadership for its ESG position,including climate change programs.In addition,the ESG Executive Oversight Committee(EOC),chaired by the Chief Legal&Corporate Responsibility Officer,provides strategic direction and facilitates the coordination of ESG efforts across L
100、enovo,including proposing recommendations for the effective management of ESG programs.The ESG EOC is comprised of senior management from across the business and functional areas and is chartered to promote a culture that encourages strong ESG performance,including compliance and leadership activiti
101、es.Regular updates on ESG issues,including updates on topics discussed by the ESG EOC,are also provided to the Board of Directors and its Committees from the Chief Legal&Corporate Responsibility Officer.Concentrated discussion on ESG issues,including climate change,assists the Board in making the mo
102、st appropriate decisions and providing oversight based on the long-term risks and opportunities that impact its stakeholders and the business.At least annually,the Board is briefed on Lenovos ESG KPIs including Lenovos climate strategy and progress towards its climate change mitigation goals.Climate
103、 changeLenovo recognizes that human activities are contributing to climate change and concurs with the findings of current climate science as described in the latest assessment report from the Intergovernmental Panel on Climate Change(IPCC).Lenovo also recognizes that if left unchecked,current trend
104、s in climate change present serious economic and societal risks and agrees that specific actions are needed to stabilize atmospheric GHG levels and hold global average temperatures to acceptable increases.Lenovo is working both internally and externally to help minimize and mitigate climate risks.It
105、 is committed to reducing the global carbon footprint of its business activities and has demonstrated its commitment by:Implementing a corporate Climate and Energy Policy Executing a long-term comprehensive Climate Change Strategy aligned to validated SBTi net-zero targets Setting corporate-wide obj
106、ectives and targets which support the above Policy and StrategyN2OCO2CH4SF6NF3FCsHFCsScope 3 Downstream Transportation and distribution Processing of sold products Use of sold products End-of-life treatment of sold products Leased assets Franchises InvestmentsLenovo GHGEmissionsScope 3 Upstream Purc
107、hased goods and services Capital goods Fuel and energy related activities not included in Scope 1 and 2 Transportation and distribution Waste generated in operations Business travel Employee commuting Leased assetsN2OCO2CH4SF6NF3FCsHFCsScope 3 Downstream3 Transportation anddistribution Processing of
108、 sold products Use of sold products End-of-life treatment of sold products Leased assets Franchises InvestmentsLenovo GHGEmissionsScope 3 Upstream3 Purchased goods and services Capital goods Fuel and energy relatedactivities not included in Scope 1 and 2 Transportation and distribution Waste generat
109、ed in operations Business travel Employee commuting Leased assetsScope 1 direct emissions from operations that are owned or controlled by LenovoScope 2 indirect emissions from the generation of purchased or acquired electricity,steam,heating or cooling consumed by LenovoNotes:Scope 3 categories in b
110、old black are tracked and evaluated and in some cases as described in the following sections actions are being taken to drive emissions reductions.Scope 3 categories in red are not relevant to Lenovo.21Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About thi
111、s report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixScience-based emissions reduction targets and net-zero strategyLenovo has responded to the Science Based Targets initiative(SBTi)s urgent call for c
112、orporate climate action by committing to align with 1.5 C and net-zero through the Business Ambition for 1.5 C campaign,an official partner of the United Nations Framework Convention on Climate Change(UNFCCC)Race to Zero campaign.SBTi is a partnership between the UN Global Compact,CDP,World Resource
113、s Institute and World Wide Fund for Nature.Lenovo is an early adopter of the science-based emissions reduction approach,after receiving SBTi approval for near-term 2030 emissions reduction targets in 2020.For near-term targets,Lenovos Scope 1 and 2 emissions reduction targets are consistent with lim
114、iting warming to 1.5 C,the most ambitious goal of the Paris Agreement,and its Scope 3 emissions reduction targets meet ambitious criteria according to the SBTis methodology,which means they are in line with current best practices.On January 19,2023,Lenovo announced its SBTi validated target to reach
115、 net-zero greenhouse gas(GHG)emissions by 2050.Lenovos net-zero target is to achieve a 90 percent reduction across Scope 1,2,and 3 emissions.Lenovo was the first PC and smartphone maker and one of the first 139 companies in the world to establish a net-zero target validated by SBTi.Lenovos long-term
116、 2050 net-zero target coincides with its near-term,SBTi-validated 2030 emissions reduction targets.In September 2023,Lenovo joined the UN Global Compact Forward Faster initiative to accelerate private sector action towards the SDGs,specifically committing to the climate action and water resilience t
117、argets within the initiative.By working with SBTi and aligning to their Net-Zero Standard,which is also the worlds first framework for corporate net-zero target setting,Lenovo is taking a scientific,collaborative,and accountable approach to reducing emissions.Aligning goals to the SBTi helps hold co
118、mpanies accountable for their emissions reduction.Without aligning to SBTi,it is difficult to validate or know when a net-zero target is reached.Lenovos mature ISO 14001 Environmental Management System(EMS)gives Lenovo a strong framework on which to set annual targets to help drive progress towards
119、its 2030 and 2050 SBTi goals.22Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportThese targets have a base year of FY 2018/19,near-term target year of FY 2029/30,and long-term net-zero target year of FY 2049/50.The following table details Lenovos Science-Based Targets,road maps
120、for their achievement,and progress against the targets in FY 2024/25.FY 2029/30TARGETSTATUS AS OF FY 2024/25BASE YEAR:FY 2018/19-50%-35%-66.5%-25%-90%ROAD MAPLENOVO EMISSIONS REDUCTION NEAR-TERM TARGETSReduce Scope 3 GHG emissions from upstream transportation and distribution by 25%per tonne-km of t
121、ransported productReduce Scope 3 GHG emissions(supply chain)from purchased goods and services 66.5%per million US$gross profitReduce Scope 3 GHG emissions(value chain)from use of sold products 35%on average for comparable productsReduce absolute Scope 1+Scope 2 GHG emissions(related to Lenovos opera
122、tions)by 50%Modal shift to lower carbon modes of transport Optimization of transport planning Increase of vehicle utilization Improvement of vehicle fuel efciencyAbove concepts continue to drive energy efciency at Lenovo sites and of products,and to expand supplier program.Inclusion of climate chang
123、e requirements in Supplier Code of Conduct Supplier climate data collected annually from subset of suppliers Climate change KPIs included in supplier ESG scorecards(evaluation process)Expand supplier program to greater number of suppliers/data capabilities and SBTi level of commitmentReduce product
124、emissions through energy efciency improvements,engaging customers to use more renewable energyHierarchical combination of energy efciency,on-site renewable energy generation,and renewable energy commoditiesFY2049/50TARGETSTATUS AS OF FY 2024/25BASE YEAR:FY 2018/19ROAD MAPLENOVO EMISSIONSREDUCTION LO
125、NG-TERM TARGETSReduce all GHG emissions by 90%-absolute reduction of Scope 1,2,and 3 emissions.Neutralize remaining 10%of emissions through carbon capture,reforestation,or other meansOn-TrackOn-Track*On-Track*On-Track*On-Track*Lorem ipsum*Lenovo is in the process of improving input data for this Sco
126、pe 3 category.The status reported here is the best available estimate at the time of publication.In the FY 2025/26 ESG Report,overall supporting data and target status will reflect any improved input data.23Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters Abou
127、t this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixOther air emissionsLenovos baseline environmental engineering specification prohibits the use of ozone-depleting substances in its products and
128、 manufacturing processes except in HVAC and fire-suppression equipment as permitted by law,and which are managed in accordance with local regulations,and intentional releases are prohibited.Lenovos EMS requires the release of chemical substances to be reported as an environmental incident,including
129、unintentional releases.Lenovos operational processes do not have significant(as defined by Lenovos SEA process)direct air emissions such as nitrogen oxides(NOx),sulfur oxides(SOx),and particulate matter(PM).In addition,Lenovo has no wet chemical or industrial processes that use volatile organic comp
130、ounds(VOC)and thus has no point sources of VOC.Household and cleaning products that contain small quantities of VOC are used at some of its facilities,however,associated fugitive emissions are minimal and are not quantified.Climate change risks and opportunities and managementThe significant risks a
131、ssociated with climate change are identified and evaluated as part of two main processes within Lenovos business management systems.These include its Group Risk Management and Control(GRMC)process and its annual climate-related risks and opportunities assessment.These two processes are connected,mea
132、ning that if climate change risks are identified in the global risk registration,they are considered in the climate-related risks and opportunities assessment and vice versa.1.Lenovos formal risk management process covers all areas of Lenovos strategic,operational,financial,legal,regulatory and comp
133、liance risks,among which include the risk of natural catastrophes to the security of people,and operational efficiencies,such as supply chain disruptions and the risk of non-compliance with ESG requirements or regulations.Each major business unit and function is required to identify risks and assess
134、 their impacts on Lenovos strategy execution,then develop mitigation plans for select identified risks.This process is managed by Lenovos Group Risk Management and Control(GRMC)team.2.Lenovos climate-related risks and opportunities assessment evaluates and prioritizes physical and transition risks a
135、nd opportunities related to climate change.This process is managed by Lenovos Global ESG team,and more details about the process are available in Section 10.0.The results are integrated in the aforementioned risk management process.Lenovos climate risk assessment in FY 2024/25 also included climate
136、scenario analysis to explore how physical and transition risks and opportunities of climate change can impact its business.The climate scenario analysis indicates that climate risks may result in negative impacts to Lenovo,however,the impact of opportunities under 1.5 C scenario is positive and much
137、 higher if Lenovo is proactive in exploring climate-related opportunities,including new products such as sustainability services offered to customers.Therefore,Lenovo has committed to reduce 90%of Scope 1,2,and 3 scope emissions to keep global warming potential within 1.5 C and continues to broaden
138、its product offerings in sustainability services and other areas.Lenovos ESG materiality assessment identifies energy and emissions as material topics that it should prioritize and focus on in its environmental programs.In support of UN Sustainable Development Goal(SDG)13 Climate Action,one of Lenov
139、os ESG pillars includes a climate action goal.More details about Lenovos materiality assessment and how its goals align with the SDGs are available in Section 2.0.More information about Lenovos identification and assessment of climate-related risks and opportunities,metrics,and actions to address cl
140、imate change are available in Section 10.0 and in Lenovos responses to the most recent CDP questionnaire.Lenovo scored an A,the“Leadership Level”for its climate change performance in the 2024 CDP questionnaire which reflects its performance toward environmental stewardship through climate change mit
141、igation practices in its operations and supply chain.24Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportEnergyUnder the EMS,energy-related targets are set annually.Since decreased energy use or increased renewable energy use impacts emissions,these energy-related targets are re
142、lated to Lenovos Scope 1 and 2 emissions reduction targets and similar actions are taken to achieve all three types of targets.For Lenovos specific energy targets and its performance against them see Section 8.0.By FY 2025/26,90%of our global operations electricity will be obtained from renewable so
143、urces.+May be accomplished through installation of onsite renewable energy generation,entry into power purchase agreements(PPA)with power providers and/or the purchase of renewable energy credits.Energy consumption also occurs throughout Lenovos value chain.Energy is used by Lenovos suppliers and it
144、s supply chain is encouraged to develop energy targets,use renewable energy,and report energy usage.Customers also use energy to power products and Lenovo has set targets to improve energy efficiency in many of its products.For more information,see Section 9.0 for Lenovos energy-related KPIs.Renewab
145、le energyLenovos renewable energy installations help reduce Scope 2 emissions at its facilities.Lenovo has 34.5 MW of solar electric installations that are currently operational.The image is of the solar panel installations at Lenovos Tianjin,China location.In addition to onsite solar generation cap
146、acity,Lenovo is proactively looking for opportunities for sourcing renewable electricity directly from utility suppliers.Currently,Lenovos Tianjin Smart Campus(TJSC)in Tianjin,China,and Lenovos Budapest office in Hungary are under purchase agreements with utility suppliers to provide 100 percent ren
147、ewable electricity for facilities.Where the use of onsite renewable energy sources or power purchase agreements are not technically or economically feasible,Lenovo chooses to purchase Renewable Energy Credits(REC),International Renewable Energy Credits(I-REC),Guarantees of Origin(GO),and Non-fossil
148、certificates(NFCs).In FY 2024/25,Lenovo purchased renewable commodities that supported 100 percent renewable energy projects consisting of wind and/or solar power in various parts of the world including Brazil,China,India,Japan,Europe,Mexico,and US.Operational energy efficiencyGiven that one of Leno
149、vos most significant environmental aspects is emissions associated with energy consumption,it has a goal to continually improve the energy efficiency of its operations.In FY 2024/25,Lenovos initiatives to help reduce energy consumption included the following methods:Energy Conservation Active Method
150、:Replaced energy efficient equipment(including electronically commutated fan and aging steam generator)Optimized equipment efficiency(including AC system,UPS system,and electricity transformers)Optimized operating scenarios to reduce running time(including water pumps,lighting system,and UPS system)
151、Employed digitalization,including multiple-level smart energy metering devices,Lenovo ESG Navigator,carbon 3D visualization,and campus energy management platform Energy Conservation Passive Method:Replaced existing windows with energy efficient windows Installed air curtains at entrances of manufact
152、uring site to reduce cooling system running time25Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix
153、 Management System and Certification Various manufacturing sites are ISO 50001:2018 certified Energy Conservation Education Employee awareness training Energy conservation promotion(emails and tip signs)Spotlight:TJSC Obtained“Eco-level Carbon Neutral Factory”CertificateIn December 2024,Lenovos Tian
154、jin Smart Campus(TJSC)was certified as“Eco-Level Carbon Neutrality Factory”by CESI Certification based on General Specifications for Assessment of Carbon Neutrality Factory(T/DZJN 108-2022)and PAS 2060:2014 Specification.TJSC has implemented 90 carbon reduction measures in nine areas,including renew
155、able energy,building design,manufacturing,warehouse management,campus management,and digital collaboration,which run through the entire process of design,planning,construction and operation of the campus.Measures included:Installation of solar panels with potential 4 megawatt peak(MWp)capability.Sou
156、rcing of renewable electricity directly from local utility supplier.Implementation of rainwater storage system and grey water system to help save freshwater.Installation of high-efficiency LED lamps.Installation of harmonic filtering equipment to help reduce energy loss.Installation of energy effici
157、ency chiller with a high Coefficient of Performance(COP)to help save energy.Deployment of Lenovo ESG Navigator,3D Visualization digital tools for carbon data management and carbon reduction.AI-supported Scope 1 and Scope 2 GHG emissions forecast.LogisticsLogistics is an important part of Lenovos glo
158、bal supply chain and a key component of Lenovos plan to meet net-zero by 2050.Lenovo is decarbonizing its logistics by deploying innovative solutions including demand management,low carbon transport,low carbon fuel,consolidation and utilization,and external partnerships.In FY 2024/25,the priorities
159、of Lenovos logistics included:Demand management Lenovo is reducing transportation activity by using ultra-light pallets for its Intelligent Device Groups(IDG)business groups products.Lenovo is implementing direct shipments to key European markets including Italy,Spain,and France to shorten transit d
160、istances.Low carbon transport Using rail and sea freight when feasible which are lower carbon transportation compared with road and air freight.Lenovo progressed its transition from air freight to road and sea freight and encouraged customers to use sea freight.Lenovo increased the usage of rail fre
161、ight in China,Europe,and Latin America,with the aim to reduce carbon emissions and other air pollutants by avoiding the use of diesel trucks.Low carbon fuel Lenovo expanded alternative fuel delivery in various countries and regions including Brazil,China,Asia Pacific,Europe,Middle East,and Africa(EM
162、EA),and Latin Americas.26Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExternal partnerships Lenovo is an active participant in industry-wide coalitions and sustainable logistics initiatives,collaborating with entities such as the Global Logistics Emission Council(GLEC),Smar
163、t Freight Centre China,and US Environmental Protection Agency(EPA)SmartWay program.These partnerships aim to drive transparency and consistency in calculating and reporting greenhouse gas emissions across the logistics sector.Striving to further reduce emissions,Lenovo aims to ensure that all stakeh
164、olders make a difference.Lenovo updated its logistics KPI methodology to require logistics suppliers to share their carbon emissions data with Lenovo.Lenovo also works with suppliers to set goals to reduce emissions.In addition,Lenovo shares its logistics CO2 report with its customers to improve tra
165、nsparency and increase awareness.WasteLenovos day-to-day operation around the globe generates non-hazardous waste and minimal quantities of hazardous waste.To ensure that waste is properly managed and,in an attempt to minimize environmental impact,Lenovos waste,both non-hazardous and hazardous,are s
166、eparated and collected from the site of generation to be disposed of through third-party waste management organizations in accordance with its Site Environmental Programs Manual and applicable legal requirements.During the FY 2024/25 reporting year,Lenovo continued to measure and monitor both non-ha
167、zardous and hazardous waste generation volumes and disposal methods through an internal environmental database.In this system,site environmental focal points collect and upload monthly waste data,from measured data when feasible or calculations based on measured data.When no measured data is availab
168、le,non-hazardous waste estimations are used,usually based on the headcount at the site and the previous years monthly data from similar sites.Lenovos waste data for the current reporting year is presented in Section 7.0.Annual Verification Statements for Lenovos total non-hazardous and hazardous was
169、te are available on Lenovos website.Lenovos EMS requires sites to report environmental incidents,including waste-related incidents,through the internal environmental database.In addition to internal reporting,Lenovos manufacturing sites periodically undergo audits,some of which cover aspects of wast
170、e management.For more information on audits at Lenovos sites,see Section 4.0.Lenovo recognizes that waste management is important throughout the value chain.Lenovo requires production suppliers to adhere to its Supplier Code of Conduct and the Responsible Business Alliance(RBA)Code of Conduct throug
171、h contractual stipulations,both of which include waste-related provisions.Lenovo uses RBA assessments as a key mechanism for risk identification and sustainable performance evaluation.For more information on these supplier activities,see Section 6.0.Lenovo utilizes its Product-End-of-Life Management
172、(PELM)program for the disposition of electronic products,parts,and scrap generated at Lenovo sites.More information on Lenovos PELM activities can be found in the corresponding section.Non-hazardous wasteLenovos non-hazardous waste includes typical office and cafeteria waste as well as packaging and
173、 manufacturing scrap at manufacturing sites.Under Lenovos EMS,a global non-hazardous waste recycling target is set annually.For the FY 2024/25 reporting year,the target was to direct 90 percent(+/-5 percent)of Lenovos non-hazardous waste to recovery operations.The results of Lenovos environmental ta
174、rgets are available in Section 8.0.Hazardous wasteLenovos operations generate minimal quantities of hazardous waste.Hazardous waste is waste designated as hazardous by applicable laws or regulations in a country,state,region,or locality and may include oils,coolants,organic solvents,batteries,fluore
175、scent light bulbs,and ballasts.Hazardous waste is required to be disposed of in accordance with local environmental regulations by approved suppliers.27Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global su
176、pply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixWaterLenovo is working both internally and externally to minimize and mitigate water risks.Lenovo has:Implemented and maintains a corporate Water Resiliency Policy;Endorsed the UN CEO Water Mandate;
177、Joined the Science Based Targets Network(SBTN)Corporate Engagement Program,pledging alignment with SBTNs goals and vision while contributing advice and end-user insights to the development of SBTN methods and tools as an SBTN Corporate Engagement Participant;and Joined UN Global Compact Forward Fast
178、er initiative to accelerate private sector action towards the SDGs,specifically committing to the water resilience target within the initiative.During the FY 2024/25 reporting year,Lenovo continued to measure and monitor water use and risk.In Lenovos direct operations,the primary uses of water conti
179、nue to be for water access,sanitation,and hygiene(WASH)services,as well as building cooling for employees,contractors,and visitors at its sites around the globe.Because Lenovos primary water use is for employee support,water use varies from location to location with its largest manufacturing sites a
180、nd locations with the largest employee headcount withdrawing and discharging the most amount of water.Lenovos water data for the current reporting year is presented in Section 7.0.Annual Verification Statements for its total water withdrawal and discharge are available on Lenovos website.To date,Len
181、ovo has not experienced any issues with sourcing water that is fit for purpose.Lenovos EMS requires sites to characterize their discharges before entering into an agreement with a treatment facility.Exceptions may exist for typical sanitary waste.It also requires sites to not discharge constituents
182、for which a treatment facility does not have treatment capability,update characterization when a sites activities change,and adhere,as applicable,to the discharge limits of local law,the treatment facility,and any associated permits.Lenovos EMS includes a global water target.For the FY 2024/25 repor
183、ting year,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.The results of Lenovos environmental targets are available in Section 8.0.Lenovo requires sites to report environmental incidents,including
184、water-related incidents,through its internal environmental database.In addition to internal reporting,Lenovos manufacturing sites undergo periodic audits,some of which cover aspects of WASH and water management.For more information on audits at Lenovos sites,see Section 4.0.While Lenovo has minimal
185、wet processes,it appreciates the importance of adequate quantities of sufficient quality water to its supply chain partners with wet processes,particularly for the semiconductor industry.Lenovo requires production suppliers to adhere to its Supplier Code of Conduct and the RBA Code of Conduct throug
186、h contractual stipulations,both of which include water-related provisions.Lenovo uses RBA assessments as a key mechanism for risk identification and sustainable performance evaluation.For more information on these supplier activities,see Section 6.0.Water risks within Lenovos operational footprint a
187、nd supply chain are assessed annually using publicly available water risk tools(World Resources Institutes Aqueduct and WWFs Water Risk Filter Tool).For more information about Lenovos identification and assessment of water-related risks and opportunities,metrics,and actions,please read Lenovos respo
188、nses to the most recent CDP Water Security questionnaire.In FY 2024/25,Lenovo continued its global partnership with Wine to Water(W|W),a non-profit organization committed to supporting life and dignity for all through the power of clean water.28Lenovo Group Limited 2024/25 Environmental,Social and G
189、overnance Report Most hard disk drives,optical disk drives,solid-state drives,LCD screens,memory,central processing units(CPUs),chipsets,and communication cards;and other commodities meet the International Electronics Manufacturing Initiative(iNEMI)definition of low halogen All ThinkPad notebooks in
190、cluding printed circuit boards(PCBs)meet the iNEMI definition of low halogen except for cables and wires,and AC adapters All commercial monitors meet the iNEMI definition of low halogen except for their PCB assembly and cables.Furthermore,some monitors fully meet the iNEMI definition of low halogen
191、All smartphone products are free of BFR and PVC Prohibiting the intentional addition of the following pollutants to any of its parts:Polybrominated Biphenyls(PBBs)Polybrominated Diphenyl Ethers(PBDEs)Deca-Brominated Diphenyl Ethers Lenovo supports the definition of“low halogen”electronics as defined
192、 in the“iNEMI Position Statement on the Definition of Low-Halogen Electronics(BFR-/CFR-/PVC-Free)”.Lenovo plans to use additional BFR-and PVC-free parts and materials across the Think and Idea family of products as acceptable alternative materials become available,working toward the goal to phase ou
193、t the use of these materials across all newly introduced products.Lenovo continues to work with its suppliers to pilot new BFR and PVC free applications.Lenovo recognizes that the phase-out of these materials is dependent upon the availability of suitable alternatives that meet its technological,cos
194、t,quality,environmental,health,and safety requirements.Environmentally conscious productsProduct materialsLenovos corporate-wide environmental standards and specifications require its product designers to consider environmentally conscious design practices to facilitate and encourage recycling and m
195、inimization of resource consumption.Lenovos priority is to use environmentally preferable materials whenever practical.In adhering to this precautionary approach,it supports restricting the intentional addition of materials that are potentially concerning when economically and technically viable alt
196、ernatives exist.These restrictions may also include implementing concentration limits for incidental occurrences.For materials where economically and technically viable alternatives do not exist,Lenovo collects data on usage above the defined concentration limit.This data can then be reported to cus
197、tomers or other stakeholders.Lenovo continues to actively search for environmentally preferable materials that can be used as substitutes and expects its partners and suppliers to demonstrate the same commitment to environmentally sound practices.See Lenovos Materials Management webpage for more inf
198、ormation.Lenovo restricts the use of environmentally sensitive materials in its products.This includes the prohibition of ozone-depleting substances in all applications;the restriction on the use of persistent organic pollutants(POPs)under the Stockholm Convention;and the elimination of materials co
199、vered under European Union(EU)Restriction on Hazardous Substances(RoHS)and Registration,Evaluation,Authorisation,and Restriction of Chemicals(REACH),even beyond the jurisdictions where these regulatory requirements exist.Lenovos implementation strategy and requirements are consistent with the requir
200、ements specified in the EUs RoHS Directive and REACH Regulation.Lenovo supports phasing out brominated flame retardants(BFRs)and polyvinyl chloride(PVC)and is committed to driving its supply chain toward this goal.Lenovo continues to focus on eliminating halogens from its top-selling products and ac
201、ross as many commodities as possible and has made progress including the following achievements:Phasing out completely the use of BFR/chlorinated flame retardants(CFR)/PVC in all mechanical plastic parts(such as external covers,housings,etc.)across all its products29Lenovo Group Limited 2024/25 Envi
202、ronmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixIn addition to the regulated materials,Lenovo has also identified an expanded list
203、of materials and substances of environmental interest.These substances may be candidates for further restrictions in the future.It holds suppliers accountable for reporting the use of these materials through Supplier Material Declarations.A spreadsheet file containing the Full Material Disclosure(FM
204、D)information,submitted via an environmental compliance analysis system,is the preferred format for confirmation of compliance to the restrictions and for reporting when substances in question are above the specified concentration levels.Lenovos business unit environmental engineers utilize the envi
205、ronmental compliance analysis system to perform a Bill of Materials(BOM)validation to ensure every part number used in building the product has the required supplier information.Once the full BOM compliance verification is complete,a detailed compliance summary report is generated to show the intern
206、al company and external legal requirements at the full product level.PLM SystemsLenovo-BB Owners,Engineers,EFPs.Export Product BOMs from PLM SystemExternal Environmental Compliance Analysis SystemSuppliersLoad BOMs into Environmental Compliance Analysis SystemLink Lenovo and Supplier parts in Enviro
207、nmental Compliance Analysis SystemDeclare Compliance Store Reports and Environmental Variable(ENV)Sign of Reports available for designated marketSupplier loads part data and publishes in Environmental Compliance Analysis SystemLegendBB Owners-Building Block Owners BOM-Bill of MaterialsEFP-Environmen
208、tal Focal PointPLM-Product Lifecycle ManagementREACH Registration,Evaluation,Authorization,and Restriction of ChemicalsRoHS-Restriction on Hazardous SubstancesREACH,RoHS.30Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportBy FY 2025/26,100%of PC products will contain post-consum
209、er recycled content materials.+Excludes tablets and accessoriesUsing recycled materials helps eliminate the need for natural resources extraction because materials are kept in circulation while being diverted from landfills.Lenovos increased use of CL PCC plastics is helping to sustain the demand fo
210、r recycled plastic materials from IT products.Lenovo is helping to transition to a circular economy while still creating a product that meets Lenovos high performance standards.Lenovo currently uses PCC plastics in notebooks,desktops,workstations,monitors,tablets,and accessories,and is introducing C
211、L PCC and OBP into more products each year.Since early 2005,Lenovo has tracked total use of recycled plastics in products which includes use of PIC,PCC and/or CL PCC,see Section 7.0 for results.Lenovos EMS targets and ESG KPIs include recycled content targets which are available in Sections 8.0 and
212、9.0 respectively.In addition to recycled and OBP plastics,Lenovo is also using recycled metals and recycled rare earth metals to support the transition to a more circular economy.Recycled metals introduced to select Lenovo products include aluminum,magnesium,copper,and steel.Such usage helps reduce
213、mining and consumption of natural resources.Lenovo is expanding the use of recycled metals,including rare earth metals,into more of its Lenovo notebooks,monitors,tablets,desktops products,and Motorola smartphone products.Regulatory compliance approachConsistent with its precautionary approach,Lenovo
214、 continuously analyzes the IT regulatory landscape and considers input from its customers,NGOs,and other industry resources in the assessment of chemical and materials restrictions with respect to the potential health and environmental impacts of its products.These assessments are facilitated via th
215、e use of Supplier Full Material Disclosures or other acceptable forms of chemical/materials disclosures;i.e.,IEC 62474 declarations,laboratory test reports,or supplier self-declarations.Lenovo utilizes this information to identify and highlight current and emerging restrictions for tracking and mana
216、gement purposes as well as for current and future reporting requirements.Lenovo informs its customers about the environmental attributes of its products as it relates to compliance with applicable laws and regulations through an industry-standard IT Eco Declaration form.Declarations for newly releas
217、ed products are posted on Lenovos Compliance Document Library.Recycled materialsLenovo continues to incorporate post-consumer recycled content(PCC)plastics,closed-loop post-consumer recycled content(CL PCC)plastics,ocean bound plastics(OBP),recycled metals,and new materials such as post-consumer rec
218、ycled rare earth metals into select products.These recycled materials are important to Lenovos product development strategy and transition to a circular economy.Using recycled materials in IT products presents significant challenges due to the unique structural,performance,and cosmetic requirements
219、associated with these applications.To overcome the continuing challenges of using recycled content in the design and manufacture of smart connected devices,especially notebooks,tablets,and smartphones,Lenovos engineers work closely with suppliers to develop and qualify recycled materials that meet r
220、equired performance and structural standards.These materials receive environmental and performance qualifications before their approval and use in Lenovo product applications.In addition to the work done by Lenovos engineers,Lenovos research and development teams work with material suppliers and a t
221、hird-party certification authority to build its CL PCC supplier and material process,including the“Approved Recycling Standard,”the“Quality Assurance Operation Requirements,”and the“Recovery Ratio”criteria to validate their sources of waste and control processes using a hierarchical waste product tr
222、aceability scheme.31Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixProduct energy efficiencyProdu
223、ct energy efficiency remains a core focus for Lenovo.To ensure that it is adhering to existing and proposed global IT product energy efficiency policies and regulations for current and future technology,Lenovo collaborates with original equipment manufacturers(OEMs)and industry stakeholder workgroup
224、s.The results of these efforts are leveraged to develop leading-edge products with improved operating efficiencies.Lenovo actively manages its response to ongoing energy-related regulatory activities such as updates to emerging protocols and regulations,and industry-related standards,including:ENERG
225、Y STAR program specifications US Department of Energy(DOE)Appliance and Equipment Standards California Appliance Efficiency Program requirements China Energy Label(CEL)and China Energy Conservation Program(CECP)Standards EU Ecodesign(ErP)requirementsIn 2025,ENERGY STAR implemented a new Computer Spe
226、cification version 9.0,updating notebook,desktop and all-in-one(AIO)PC product certification requirements.This specification defines energy efficiency performance metrics based on the top 25 percent of PC products available on the market,with a focus on enhancements and incentives relative to the ce
227、rtification criteria,and Energy Efficient Ethernet(EEE).To further improve product energy efficiency for desktops,workstations,and servers,Lenovo certifies the energy efficiency of many of its internal power supplies through CLEAResult Plug Load Solutions 80 Plus program.This external certification
228、establishes requirements for internal power supplies through independent testing and verification of the programs rated efficiency criteria,such as Bronze,Silver,Gold,Platinum,and Titanium.Certified systems with internal power supplies(desktops,workstations,and server products)with this certificatio
229、n are significantly more energy-efficient than other systems equipped with typical power supplies.Lenovos servers also utilize 80+Titanium Power Supply Units(PSUs),Central Processing Units(CPUs)P-state cooperative(voltage/frequency)control,CPU Voltage Regulator Device(VRD)auto-tuning,and have transi
230、tioned to newer VRD technology with lower losses to enhance and maximize energy efficiency.By FY 2029/30,we will achieve 30%improvement in energy efficiency of Lenovo notebooks*and Motorola products.*By FY 2029/30,we will achieve 50%improvement in energy efficiency of Lenovo desktops*and servers.*En
231、ergy efficiency improvement on average for comparable products relative to FY 2018/19*Energy efficiency improvement on average for comparable products relative to FY 2020/21Through its product development process,Lenovo requires its products to meet energy efficiency and performance requirements in
232、various markets,including but not limited to US,China,Japan,and Europe.Many of Lenovos notebooks,desktops,servers,and monitors meet and often exceed the current ENERGY STAR requirements.In both 2024 and 2025,three Lenovo monitors were recognized as“ENERGY STAR Most Efficient.”The ENERGY STAR Most Ef
233、ficient list highlights products utilizing the latest in technological innovation to deliver cutting edge efficiency,and represents the very best for energy savings and environmental protection.Lenovos ENERGY STAR qualified models are listed on the ENERGY STAR website.For more information about Leno
234、vos energy-efficient products,see its Product Energy Efficiency webpage.In support of Lenovos commitment to lower GHG emissions,science-based targets were established to reduce emissions associated with the use of sold products per comparable products(for notebooks,desktops,and servers).Product deve
235、lopment teams are actively investigating and implementing technical enhancements to support power efficiency improvements and track annual performance against the prescribed targets.32Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportProduct energy management featuresLenovo offe
236、rs innovative tools on select PC,server,monitor,and smartphone products that allow better control of power consumption,calculation of energy savings,and reporting on the management of energy performance,IT equipment,and devices.Energy management featureBenefitLenovo Settings(Windows)An application t
237、hat provides power management features,such as Connected Standby for the user.Adaptive Thermal ManagementAdjusts system power and fan speeds based on ambient levels.Active Directory and LANDeskSupports remote deployment of power schemes and global settings to allow administrators the ability to cont
238、rol and enforce ThinkPad energy savings company-wide.EasyResumeProvides quick recovery from computer lid close,balancing low power state by suppressing CPU usage at lid close.Intelligent CoolingBalances thermal performance to adjust settings to provide a cooler surface for comfort while optimizing p
239、roduct energy.Energy Saving Power Supply Unit(PSU)The PSU turns off the internal fan when the system detects the power load is low and saves energy consumption.Smart Power(Monitors)A power and energy management feature that dynamically detects and optimizes the distribution of power.Example:If there
240、 are multiple devices plugged into a monitor such as a smartphone,a laptop,or other USB-powered peripheral the monitor will gauge how much power each of them needs and adjust according to the requirement.Efficiency OptimizerAutomatic System-on-Chip(SoC)power management without user experience(UX)imp
241、act.Display Brightness ControlAdaptive brightness control of display.Eco ShutdownSaves power while the device is in shutdown mode and connected to an AC outlet.Uncore Dynamic Voltage and Frequency Scaling(DVFS)Maximizes efficiency of the non-core hardware inside the CPU package.Universal Flash Stora
242、ge(UFS)Efficiency Latency ControlModifies how quickly or slowly the uncore frequency is adjusted to optimize for efficiency.Turbo Ratio LimitsDesigned to limit how much turbo uplift occurs.CPU E-coresEnables more efficient processing of background tasks leading to a reduction in power.Several operat
243、ing systems such as Windows 11,SLES 15 SP6,RHEL 8 support E-cores.33Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI
244、 progress AppendixTo improve the repairability of devices,Lenovo created and uses an engineering review process called Design for serviceability to assess product design based on multiple factors including time to complete repair,number of customer-replaceable parts and number of field-replaceable p
245、arts.Features evaluated include screw type and number,joining techniques,and service availability.Additionally,through Lenovo and Motorolas ongoing partnership with iFixit,an online repair community,the end-user repairability of some of the bestselling products are evaluated through their independen
246、t repairability assessments,as well as providing another avenue for repair solutions for the customer.For more information see iFixits collaboration webpages for Lenovo and Motorola.In addition to efforts on repairable product design,Lenovo provides users of many of its laptop and desktop products w
247、ith the resources necessary to repair their own devices,as well as offering repair support and service options for many systems.Lenovo makes available a wide range of service and maintenance manuals for many products along with step-by-step guides and videos on parts removal and replacement.Customer
248、s can source spare parts from Lenovo or its authorized partners.For more information see Lenovos Self-Repair Guides webpage.Lenovos ESG KPIs include a repairability KPI,for more information see Section 9.0.Energy management featureBenefitSplit-Bay PSUsEnables more direct airflow through the server w
249、ith less preheat.This leads to lower fan speeds and increased efficiency.Unified Extensible Firmware Interface(UEFI)Workload ProfilesAllows a user to tailor the UEFI settings to their specific workload,and can be optimized for minimal power,maximum efficiency,maximum performance,or minimal latency.V
250、ariable Refresh Rate of 24-120hzLenovos proprietary advanced AI Power Solution dynamically adjusts monitor backlighting and pixel intensity to optimize energy consumption without compromising image quality.Enhanced Screen PerformanceBuilt-in algorithm to maintain monitor screen performance while red
251、ucing power consumption.Adaptive Device Refresh RateSmart optimization of the smartphone display to a lower refresh rate which reduces battery consumption and thermal output with no obvious impact on the User Experience(UX).Moto FreezerFreeze cached apps and services by the unique identification num
252、ber(UID)to reduce CPU&RAM usage for better battery life and performance.Durability and repairabilityKeeping a product in use for a longer period is an important aspect of circular economy and reducing unnecessary electronic waste.Therefore,Lenovo aims to design its products with durability and repai
253、rability in mind,and ensures devices are tested through comprehensive quality and reliability testing aligned with real-world usage scenarios(including drop,spill,power cycling tests and more).Lenovo is continuously designing innovative features for its products to help extend their useful life.For
254、example,extending battery cycle life through key technologies,such as the increased use of lithium polymer cells in notebooks and tablets with embedded batteries.These cells typically provide longer life cycles than lithium-ion cylindrical cells.On smartphones,Motorolas latest lithium-ion battery te
255、chnology extends smartphone battery cycle life through intelligent fast charging strategy(IFC),long-life battery cell design,and software development.In addition to the focus on durable product design,Lenovo offers a range of services aiming to keep products in use for as long as possible.For exampl
256、e,Lenovo offers customers flexible warranty options that are designed to fit various needs,including warranty upgrades,sealed battery warranties,and accidental damage protection for many products.For more details,see Lenovos Warranty and Maintenance Services webpage.34Lenovo Group Limited 2024/25 En
257、vironmental,Social and Governance ReportProduct carbon footprintThe Product Carbon Footprint(PCF)or Global Warming Potential(GWP-100)has become a key product attribute for Lenovo and customers.Knowing the PCF of a product allows customers to better understand the environmental impact of the products
258、 they purchase.To provide Lenovos customers with PCF values for the broadest set of products,Lenovo continues to utilize the Product Attribute to Impact Algorithm(PAIA)platform to calculate streamlined Life Cycle Assessments(LCAs)of desktops,notebooks,tablets,and workstation computers as well as mon
259、itors,servers,storage,and network switch products.With a suite of simplified online tools,PAIA delivered a methodology for information and communications technology(ICT)product footprints which originated from a multi-stakeholder initiative of ICT companies that shared insights and best practices.Le
260、novos participation in PAIA is helping to drive a sector-wide streamlined methodology that will be key to transforming ICT companies into sustainable businesses.Using PAIA tools to calculate product footprints has significantly reduced the time and cost of calculating environmental footprints for it
261、s products.Lenovo shares these results with enterprise customers and publishes them publicly as PCF information sheets.PCF sheets for specific products can be found on Lenovos Compliance Document Library.To better meet evolving customer expectations and industry practices,and guide our product eco-d
262、esign,Lenovo is implementing LCA approach to provide a systematic and comprehensive understanding of product environmental impacts.LCA assesses environmental performance across the entire lifecycle of a product(from raw material extraction and manufacturing to usage and end-of-life management),offer
263、ing actionable insights into critical environmental hotspots.Lenovo moving to LCA is a key priority,reflecting a commitment to supporting customers sustainability goals by designing products with lower footprint.Lenovo recognizes the importance of adhering to globally recognized standards,including
264、ISO 14040 and ISO 14044 for LCA and ISO 14067 for PCF,ensuring methodological consistency,transparency,and reliability in reporting.By embedding LCA into product design and manufacturing processes,Lenovo will not only fulfill eco-design requirements but also fosters innovation in materials and techn
265、ologies,striving to reduce environmental footprints while enhancing product sustainability performance.Ecolabels from around the globeLenovo pursues ecolabels for many of its products.Selected products have achieved one or more of the following ecolabels:202535Lenovo Group Limited 2024/25 Environmen
266、tal,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixPackagingPackaging has been identified as a significant environmental aspect under Lenovo
267、s EMS.In FY 2024/25,Lenovos overarching packaging objective was to minimize the material consumption of packaging while driving the use of more sustainable materials.Lenovo is intent on reducing the size of its packaging to minimize the materials used while maintaining adequate protection for its pr
268、oducts,and supports the above objectives by:Reducing excess size and layers of product packaging Reducing the use of plastic packaging Increasing the use of recycled and renewable materials in packaging Expanding the use of bulk and reusable packaging solutions Increasing the use of materials that h
269、ave sustainability certificationsLenovo has set and follows comprehensive packaging specifications that set minimum environmental standards for its packaging.In addition,as per Lenovos Supplier Code of Conduct,suppliers are required to comply with these environmental specifications.For more informat
270、ion,see Packaging Specifications on Lenovos ESG Resources webpage.Results of Lenovos progress against its packaging targets are available in Section 8.0.Leading the way in innovative packagingWhere possible,Lenovo is committed to reducing the use of plastic packaging and has implemented plastic-free
271、 packaging for many of its smaller or lighter devices.However,plastic is an important material for lightweight shipping and protection of heavy and larger products,so in these instances,Lenovos focus is on increasing the use of recycled and renewable materials to reduce environmental impact.ThinkPad
272、 Z13 with plastic-free packagingThe use of bamboo or sugar cane fibers in select products marked the launch of a new era of packaging offerings for Lenovo,while also enhancing customer experience.Bamboo fiber has many favorable features,including:Sleek and robust design Lightweight Renewable resourc
273、e Recyclable alongside paper and cardboardThe packaging of motorola razr 50D M-51E is made from renewable bamboo fiber36Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportProduct end-of-life management(PELM)Lenovos Product End-of-Life Management(PELM)program is an important part
274、of its efforts to support a transition to a circular economy,as it supports extending the product lifecycle through reuse and recycling of products and parts.The PELM program also supports waste diversion through the elimination of end-of-life electronic products being disposed of in landfills and i
275、ncludes the practice of reuse,repair,refurbishing,de-manufacturing,dismantling,reclamation,shredding,recycling,treatment,and disposal of products,parts,and peripherals when they are taken out of service,reach end-of-life,or are scrapped.This program covers Lenovo-branded and non-branded products own
276、ed by Lenovo or accepted from customers and others(including customer returns or take back).Lenovo has made available the Electronics End of Life Standard for suppliers with details about Lenovos PELM supplier requirements and the industry-standard certifications it promotes.Lenovo requires downstre
277、am transparency from suppliers and requires disclosure of materials through downstream supplier tiers to final disposition,supported by proper documentation and records for all transactions.Product take-back programsAs a global business,Lenovo offers end-of-life recycling and management programs for
278、 both consumer and business customers in many major markets.These product take-back programs(PTB)are tailored to the specific location and business needs and include programs for recycling products as well as packaging and batteries in many geographies.Customers can obtain information about Lenovos
279、recycling programs on its Recycling webpage.For its business and enterprise customers,Lenovo offers Asset Recovery Services(ARS)globally to manage the disposition of IT assets and data center infrastructure.Customers can access information about Lenovos global ARS program at its Asset Recovery Servi
280、ces webpage.Lenovo supports its objectives to reduce the use of plastic packaging by using alternatives to plastic materials,as well as improving packaging designs to reduce reliance on plastic materials.In addition,Lenovo supports the use of recycled plastics,including ocean bound plastics(OBP)to r
281、educe consumption of virgin materials and to help support a circular economy.In 2019,the packaging team began researching the possibility of using OBP in product packaging and launched the first packaging cushion containing OBP(30 percent OBP and 70 percent other recycled plastics)in ThinkPad L14 pa
282、ckaging.ThinkCentre Neo 30a Gen3 with 30%OBP bagLenovos ESG KPIs include several targets for reducing or eliminating plastics packaging,increasing use of recycled plastics,OBP,and recycled and renewable materials for packaging.For more information see Section 9.0.37Lenovo Group Limited 2024/25 Envir
283、onmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix Suppliers in scope include ARS suppliers,legal and voluntary product take-back prov
284、iders,dismantlers,recyclers,refurbishers,disposal,and other related vendors.Lenovos Electronics End of Life Standard for Suppliers sets guidelines that all recovered products and parts are to be data wiped,refurbished,tested for function,labeled as refurbished,and resold where they will be used as o
285、riginally intended without further refurbishing before use.The standard also requires suppliers to use Lenovo-approved recyclers for the disposition of non-working products and parts and waste generated from their refurbishing processes and prohibits the shipment of hazardous waste to non-Organizati
286、on for Economic Cooperation and Development(non-OECD)countries.Recovery and recycling trendsAs customers continue to have considerable interest in Lenovos recycling programs,its continual improvement activities include searching for opportunities to maximize reuse and recycling.Results of Lenovos pr
287、ogress against its PELM targets are available in Section 8.0.Lenovos ESG KPIs include recycling or reuse KPIs,for more information see Section 9.0.Circular economyWith a vision for a net-zero future,Lenovo knows the transition to a circular economy is critical.Collaboration and credibility are impor
288、tant to Lenovo during its net-zero journey and advancing a circular economy.To help scale circular economy solutions in the IT industry,Lenovo continues its membership in the Circular Electronics Partnership to collaborate with the technology industry,suppliers,and stakeholders.Lenovos vision to del
289、iver smarter technology for all extends to its circular economy practices that include Smarter Circular Design,Smarter Circular Use,and Smarter Circular Return activities.Product and parts managementLenovo,through these circular economy programs,strives to maximize the value and potential reuse of e
290、xcess,returned,and obsolete products and parts across its business and manufacturing operations,repair network,and channel partners.Through reverse supply chains,these products and parts are kept in circulation as-is or after repair or refurbishing and Lenovo can potentially avoid having to manufact
291、ure new products and parts.Management of PELM suppliersLenovo maintains a program to help ensure that recycling,disposal,and disposition of end-of-life products owned by Lenovo or returned by customers is accomplished in an environmentally responsible and legally compliant manner.This program includ
292、es:Supplier completion of Lenovos initial supplier audit or evaluation form declaring their processing capabilities and controls,management systems for quality,environmental,health and safety,industry standards,legal compliance,downstream facilities disclosures,and evaluation criteria,Lenovos enviro
293、nmental audit or evaluation of supplier facilities and processes prior to engagement with documentation of audit findings and recommendations in a final report,Review of all audit or evaluation documentation and recommendations by its Geographic Environmental Focal Points and final approval by Globa
294、l ESG management,Database of all Lenovos audited and approved PELM supplier facilities by geography with approved services for use by designated Lenovo organizations,sites,and programs worldwide,Lenovos supplier contracts with specific environmental terms and conditions related to expected environme
295、ntal performance and reporting,38Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportWhile Lenovo continues to expand its use of CL PCC from IT equipment,the circular return of IT products into the recycling systems and supply chain is essential.Lenovo offers consumers and commerc
296、ial customers product return programs to keep the products and materials in circulation.Commercial customers need reliable and secure solutions to manage their technology at the end of life.The Lenovo Asset Recovery Services helps customers maximize value of IT and enterprise hardware.Lenovo also of
297、fers consumer recycling programs in major markets.Since 2008,Lenovo has enabled the recycling and reuse of IT equipment and collects recycling and reuse data annually from partners globally.Lenovos progress for recycling and reuse of IT equipment can be found in Section 7.0.Lenovos ESG KPIs include
298、those that support a circular economy.See Section 9.0 for more information.BiodiversityWhile biodiversity has not been identified as a material topic in its materiality assessment for the FY 2024/25 reporting period,Lenovo continues to acknowledge the topic is an increasing priority among its stakeh
299、olders in recent years.Lenovo recognizes the biodiversity crisis and that business activities are a major driver of both climate change and nature loss.Lenovo further recognizes that while climate change is contributing to the biodiversity crisis,urgent actions are needed beyond emissions reductions
300、 to halt nature loss.Considering this,Lenovo has been monitoring the development of science-based targets for nature while assessing its own data and resource needs in this area.Lenovo has conducted an initial,internal review of the footprint of its direct operations(manufacturing,R&D,and large offi
301、ce locations)against Key Biodiversity Areas(KBAs),but anticipates its largest biodiversity impacts are within its upstream value chain where additional traceability is needed.CircularEconomyDesign Use ReturnDuring the design phase,important decisions are made that can help improve circularity and Le
302、novo is continuously evaluating design decisions that can help reduce environmental impact.The use of recycled and sustainable materials is an important aspect of the circular economy on which Lenovo focuses.New recycled materials are being researched and introduced into an increasing number of prod
303、ucts.Lenovos EMS objectives and targets for use of recycled materials in products can be found in Section 8.0.Lenovos circular design decisions extend to its packaging as well.Lenovo is increasing its use of recycled fiber,recycled plastic and sustainable materials in packaging including bamboo,suga
304、rcane,and sustainably forested fiber.Lenovos EMS objectives and targets for packaging can be found in Section 8.0.Lenovo can help advance a circular economy by optimizing the use of its products and parts.Improving the energy efficiency of its notebook computers,desktop computers,servers,and smartph
305、ones is Lenovos goal.To help customers extend the life of their products,Lenovo offers support and service offerings including repair services.Lenovo offers enterprise customers second life data center products through its Lenovo Value Recovery(LVR)business.39Lenovo Group Limited 2024/25 Environment
306、al,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixDuring FY 2024/25,Lenovo adopted“No.1575,”a young female from this national protected spec
307、ies of finless porpoises.Female porpoises can play a vital role in the species recovery,driving the populations future stability and growth.Through an online naming campaign,the porpoise was named“Zhu Zhu”(Pearl),symbolizing Lenovos view of the porpoise as a cherished pearl and reflecting Lenovos de
308、ep commitment to supporting wildlife conservation.Lenovos commitment to Zhu Zhu extends beyond adoption and involves ensuring her successful reintegration into the wild.Through these efforts,Lenovo demonstrates how a technology company can play a role in environmental conservation.By integrating tec
309、hnology with conservation,Lenovo aims to provide innovative solutions to safeguard the planets precious ecosystems.Environmental highlightHarnessing technology for biodiversity conservationLenovo recognizes that there is an increasing focus on biodiversity conservation.In 2023,Lenovo and the Chinese
310、 National Geographic Channel launched an ongoing environmental conservation initiative,the“Chasing the Yangtze Finless Porpoise Plan”,focusing on the recovery of the Yangtze finless porpoise population and the overall health of the Yangtze River ecosystem.The Yangtze finless porpoise is an endangere
311、d species and serves as a key indicator for the health of the Yangtze River ecosystem.As part of the initiative,Lenovos conservation efforts include increasing public awareness of and engagement with endangered species in the Yangtze River.During FY 2024/25,Lenovo announced the launch of the worlds
312、first Yangtze finless porpoise tracking map and viewing guide as part of this collaboration.The carefully designed guide features five major tracking routes of nearly 2,000 kilometers.It indicates optimal observation points and viewing times of the finless porpoises alongside photography tips.The gu
313、ide aims to provide the public with a journey that features the regions natural beauty,rich history,and cultural experiences.For this initiative,Lenovo provided computing power through AI PCs and other smart devices to the production team,enabling efficient and precise data processing and analysis.T
314、he Yangtze finless porpoise tracking map and viewing guide is part of Lenovos broader commitment to biodiversity conservation.In 2022,Lenovo donated a customized smart IT ecological protection solution for the Yangtze finless porpoise population study at the Tiane Zhou Reserve,addressing long-standi
315、ng data challenges faced by the conservation area and enhancing its management capabilities.40Lenovo Group Limited 2024/25 Environmental,Social and Governance Report4.0SocialLabor practicesHealth and safetyEmployment and talent management practicesGlobal philanthropy and community engagementInclusiv
316、e workplace424347 52 5641Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this report Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress Appendix42Lenovo Group Limited 20
317、24/25 Environmental,Social and Governance Report4.0 SocialLabor practicesLenovos Human Rights Policy communicates the organizations respect for human rights and how it extends those rights to employees and others directly or indirectly employed in its supply chain.As a signatory of the UNGC,Lenovo u
318、pholds and supports the protection of internationally proclaimed human rights.Lenovo does not permit and takes every action to prevent the use of child labor,forced labor or coercion,including physical punishment,in any of its operations.Lenovos Human Rights Policy outlines and commits to the follow
319、ing practices:Conduct business in accordance with the United Nations Declaration of Human Rights and the principles of the UNGC and extend those requirements to all suppliers doing business with Lenovo.Perform due diligence across the value chain to identify risks and prevent human rights violations
320、.Provide access to grievance mechanisms,investigate allegations,and escalate known cases of human rights abuse to senior leadership for swift corrective action and resolution.Integrate training and accountability for respecting human rights across the business.Engage internal and external stakeholde
321、rs to address common challenges and advance human rights practices through continuous improvement.Operate legally and ethically in each country where it conducts business.All of Lenovos corporate strategies,practices,guidelines,and supplier requirements must support this commitment to human rights.I
322、n addition,as a signatory of the UNGC,Lenovo upholds the human rights,labor,and other principles of the UNGC including Principle 3 regarding freedom of association.Lenovo upholds and supports fostering a workplace culture characterized by mutual respect,collaboration,and open communication.Lenovo re
323、cognizes that effective social dialogue is essential for nurturing a positive work environment and promoting employee engagement.Lenovo is not aware of any cases of child labor or forced labor at its facilities.Concerns about possible human rights violations must be reported to Lenovos management an
324、d can also be reported through Lenovos various reporting channels,including,but not limited to,the Ethics and Compliance Office,Human Resources,Internal Audit,the Legal Department,or the LenovoLine(Lenovos confidential reporting hotline).Lenovo takes all allegations and concerns seriously.Lenovos Wh
325、istleblowing and Investigations Policy outlines the process by which concerns can be raised,are reviewed and are investigated.Lenovos oversight body,the Investigation Oversight Committee(IOC),provides oversight to ensure concerns raised are appropriately investigated and addressed.More information i
326、s available in Lenovos Human Rights Policy.Lenovo is determined to ensure that the working conditions at its locations and supplier locations are safe,workers are treated with respect and dignity,operations are environmentally sound and business operations are conducted responsibly and ethically.Len
327、ovo aims to raise awareness by engaging with the Responsible Business Alliance(RBA).As of the end of FY 2024/25,Lenovos manufacturing sites in Brazil,China(Hefei,Shenzhen,Tianjin,Wuhan),Hungary,India,Japan,Mexico,and the US have achieved platinum,gold,or silver recognitions for RBA VAP and also achi
328、eved RBA FoC recognitions.This also includes a review of mechanisms,controls,and processes in place to prevent child labor and forced labor at each site that is assessed.The auditors also review employee files and conduct individual and group interviews.Labor practices are also evaluated as part of
329、the scope of two main business management systems:Enterprise Risk Management(ERM)and the ESG reporting materiality assessment.The detailed processes may vary by market and are based on local laws.43Lenovo Group Limited 2024/25 Environmental,Social and Governance ReportExecutive letters About this re
330、port Environmental Social Governance Global supply chain Consolidated metrics EMS performance,objectives and targets Long-term KPI progress AppendixThe OHS Management System is also evaluated in the scope of Lenovos global risk registration process as part of its Enterprise Risk Management(ERM)progr
331、am.The ERM program is designed to enable effective and efficient identification,and managements visibility into critical enterprise risks,including health and safety.Through a process of planning,education,controls,performance evaluation,and continuous improvement,health and safety programs are assi
332、milated throughout Lenovos global manufacturing footprint.The OHS management system involves a hierarchy of responsibilities and each role has specific duties and reporting lines to ensure that the organization maintains a safe working environment for all employees.Each manufacturing site reports ap
333、plicable OHS data to the Lenovo Manufacturing and Engineering(LME)OHS Center of Excellence(COE)on a monthly basis.See Section 7.0 for OHS data.*The OHS Management System applies to Lenovo Manufacturing and Engineering(LME)manufacturing sites.Health and safetyLenovos manufacturing business model combines joint-venture(JV)partnerships,Lenovo-owned manufacturing,and original design manufacturer(ODM)c