As Lexmark has re-created itself – successfully – from a manufacturer of printers to a global technology and solutions company, its “print less, save more” philosophy revolves around streamlining the process of information movement and management to eliminate paper and save money for the companies in all the countries where they do business.
For the fourth year in a row, Lexmark has been named in CR Magazine’s 100 Best Corporate Citizens list. In 2015, Lexmark received three new Manufacturing Leadership awards in the operational excellence category, supply chain and more specifically sustainability leadership for reuse and reconditioning efforts.
Lexmark has reduced its CO2 emissions by 45% since 2005 and has provided a compelling example to demonstrate the circular economy with its toner cartridges. One of its core resource efficiency targets is to increase the use of postconsumer recycled plastic content in its cartridges from the present 10 percent to 25 percent by 2018. During the creation of new toner cartridges, 10% less plastic material is required to be extracted, refined and processed. When this goal is reached, the annual impact will exceed 1,000 tonnes of avoided new plastics. The company’s yearly savings equal the consumption of nearly 11,000 people.
Lexmark has a stated goal to regionally source 80% of its supplies by 2017 – meaning that a product sold in the EU would also have been built in the region.
This provides jobs for the local economy, creates shorter supply- chains to reduce CO2 impacts and improves product availability for customers.
Lexmark also aims to directly reuse 50% of the cartridge material, by weight, by 2018. Lexmark “Corporate Cartridges” are the greenest cartridges manufactured by the company, with up to 90% of reused components.
Recent R&D efforts have focused on creating even more durable cartridge designs in conjunction with more energy efficient printers. The more durable product enables designated components of the products to be reused after being recovered. Lexmark will continue to expand and progress towards stringent circular economy goals. Use of the recovered materials means less resource extraction, less additional processing and lower supply chain impacts.