Lexmark issues 2010 report on corporate social responsibility
May 25, 2011
LEXINGTON, Ky., May 25, 2011 – Lexmark International, Inc. (NYSE: LXK) today publicly released its 2010 Corporate Social Responsibility (CSR) Report, highlighting the company’s activities and advancements around the globe related to environmental protection and maintaining sound business practices. In its latest report, Lexmark brings greater transparency to its well-established CSR programs, initiatives and metrics, demonstrating how the company is doing its part to help maintain balance between the economic, environmental and social needs of our world.
Among many others, Lexmark’s ongoing progress worldwide is well represented through these highlights:
• Bringing greater visibility to internal processes and controls has enabled Lexmark to address 100 percent of the Global Reporting Initiative’s (GRI) key performance indicators, a widely used sustainability reporting framework.
• Lexmark, recognized among top industry leaders for its contribution to corporate citizenship, was selected for inclusion in CRO magazine's 100 Best Corporate Citizens List for 2011, ranking No. 6 on environment, No. 8 on climate change and No. 8 on human rights. Lexmark was also named among the top 10 U.S. climate change leaders in the Bloomberg Maplecroft Climate Innovation Indexes, recognized in the index as follows: No. 7 overall, No. 1 in the technology sector, No. 1 in the computers sub-sector, and No. 2 in emissions reductions among all 350 companies ranked.
• Lexmark continues to reduce its total greenhouse gas emissions, achieving a 26 percent reduction from 2005 to 2010.
• In 2010, Lexmark expanded its use of post-consumer recycled plastics in the manufacture of certain new toner cartridges and reached a significant milestone in conserving resources. As of October 2010, the Lexmark toner cartridge product line contained, on average, 10 percent by weight of post-consumer recycled plastic. In some cartridge models, the post-consumer recycled content of newly molded plastic components can provide up to 28 percent by weight of the plastic used.
• Lexmark was awarded a five-year, $127 million contract by the Social Security Administration (SSA) because the company’s laser printers and multifunction products (MFPs) met SSA’s technical requirements for product accessibility and were recognized as the most Section 508 accessible for individuals with disabilities. Section 508 is part of the Rehabilitation Act, which requires that electronic and information technology developed, procured, maintained, or used by the Federal Government be made accessible to people with disabilities.
• Lexmark’s 2010 Corporate Social Responsibility Report is optimized for Web use, making it more user friendly and interactive. The report can be found online at www.lexmark.com/environment.
• See this Lexmark video on how Lexmark is designing its products and solutions to support the environment and help its customers print less.
Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help customers to print less and save more. Perceptive Software, a stand-alone software business within Lexmark, is a leading provider of enterprise content management software that helps organizations easily manage the entire lifecycle of their documents and content, simplifying their business processes, and fueling greater operational efficiency. In 2010, Lexmark sold products in more than 170 countries and reported more than $4 billion in revenue.
To learn more about Lexmark, please visit www.lexmark.com. For more information on Perceptive Software, please visit www.perceptivesoftware.com.
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For further information: Melissa Lucas, +1-859-232-5806, email@example.com