Lenovo Joins UN Initiative to Up Progress on SDGs
Lenovo Group Limited
Lenovo has enthusiastically embraced a novel initiative aimed at propelling private sector efforts toward the achievement of the United Nations' 17 Sustainable Development Goals (SDGs) and the 2030 Agenda.
This new endeavour, known as the UN Global Compact Forward Faster initiative, extends a universal call to business leaders, urging them to take tangible, credible, and ambitious actions in domains where the private sector can have the most substantial and expeditious influence, thus hastening progress across all 17 SDGs by 2030.
The SDG Progress Report, presented earlier this year by UN Secretary-General António Guterres, revealed a concerning reality: only 15 per cent of the Sustainable Development Goal targets are currently on track, with 48 per cent experiencing inadequate and faltering progress, while 37 per cent have seen regression or stagnation.
Lenovo's Chairman and CEO, Yuanqing Yang, expressed the company's unwavering commitment to championing a sustainable world, fostering inclusivity, bridging the digital divide, and fulfilling its corporate citizenship responsibilities wherever it operates. This vision drives Lenovo's approach to its near-term 2030 objectives, leveraging innovation to enhance the sustainability of both its products and operations.
As a proud member of the United Nations Global Compact, Lenovo has pledged to pursue two specific targets across two critical action areas:
Climate Action: Lenovo aspires to establish science-based net-zero emissions reduction targets aligned with a 1.5°C trajectory, with the ultimate aim of halving global emissions by 2030 and achieving net-zero emissions no later than 2050.
Water Resilience: Lenovo is determined to fortify water resilience throughout its global operations and supply chains, collaboratively working to generate positive water impact in at least 100 vulnerable, prioritised water basins by the year 2030.
In a significant milestone, Lenovo joined the first cohort of companies in January 2023, marking the premier PC and smartphone manufacturer to secure approval for its net-zero targets from the Science Based Targets initiative.
Furthermore, Lenovo's commitment to sustainable water practices was underscored when it endorsed the UN CEO Water Mandate in March 2021 and formed a strategic partnership with Wine To Water, aimed at increasing access to clean water for communities worldwide.
For a more comprehensive understanding of Lenovo's efforts and contributions aligning with the Sustainable Development Goals, you can delve into the details presented in the FY 2022-23 ESG Report.
To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.