NEWS
regulations and compliance requirements are pushing businesses to adopt sustainability practices, while 82% reported that consumer preferences for sustainable products are driving this approach. Facilitating transparency is a vital step in creating resilient supply chains and fostering better sustainability practices, so it’s no surprise that 79% of respondents flagged global traceability as a priority for their company – an increase from 70% 12 months ago. Using cloud technology, digital traceability helps companies to ensure sustainable sourcing, protect consumers, streamline the location of inventory, guarantee on-time delivery to market and address the growing issue of counterfeiting. Indeed, 48% of those surveyed believe the inability to effectively manage recalls is the biggest risk of not being able to track products through the supply chain. This compares to 33% five
years ago. As highlighted by Loftware’s report, Industry 4.0 will continue to have an impact on companies and their manufacturing operations. Organisations operating across a range of industries, from automotive, electronics and manufacturing to consumer products and life sciences, are embracing automation and standardised solutions that help them meet their requirements. This is especially true for mission-critical business processes such as cloud labelling and printing, with 91% of respondents reporting seeing an advantage of using a single platform to support thermal transfer labelling and direct marking and coding. By adopting such a solution as part of a cloud-first strategy, businesses gain printing flexibility, accuracy, production line uptime and efficiency to manage costs and support global growth.
Lexmark becomes back-to-back sustainability leader in Quocirca report 2022. Additionally, the Lexmark Cartridge Collection Programme, Lexmark Equipment
Lexmark has been named a Leader in the 2023 Sustainability Vendor Landscape report by research firm Quocirca for the second consecutive year. The report highlights three significant advances for Lexmark in 2023: l Achieving CarbonNeutral® manufacturer certification for its manufacturing plant in Mexico, as well as its headquarters in Lexington, Ky l Significantly increasing its use of renewable energy l Receiving validation from the Science Based Targets initiative for its targets for Scope 1, 2 and 3 emissions. “Lexmark sets a remarkable standard in the industry with its ambitious carbon neutrality goals, clearly demonstrating commitment to not only minimising its own energy consumption but also empowering customers, partners, and the wider industry to seize sustainability opportunities and overcome challenges,” said Quocirca director Louella Fernandes. The report also highlighted Lexmark’s progress on sustainable product design and energy efficiency, including achieving a 26% energy consumption reduction from 2015 to the end of 2022, and a 43% reduction in Scope 1 and 2 emissions between 2015 and
Collection Programme, and Lexmark Evergreen Remanufactured Hardware
Programme received high praise in the report. Other Lexmark priorities and commitments noted by Quocirca included: l Lexmark’s commitment to reducing single- use packaging by 50% by 2025 l Achieving 50% post-consumer recycled plastics in its product portfolio by 2025 (current progress at 40% average) l Increasing PCR and reuse to 50% in cartridges and supplies by 2025 l Continuing a goal of 100% EPEAT and ENERGY STAR® certification within the hardware portfolio. “Lexmark has an extensive track record of eco-friendly practices, and we are proud to be acknowledged once again by Quocirca as a sustainability leader in the industry,” said Lexmark chief sustainability officer John Gagel. “Our commitment to the environment starts with the deliberate design of durable products and encompasses the services, solutions and programmes that minimise paper usage, encourage efficient utilisation and boost our customers’ sustainability efforts.”
John Gagel chief sustainability officer
lexmark.com
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