Lenovo ANZ Launches First Carbon Offset Services for SMB Market

Published on: 17 August 2022
by KnowESG

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Today, Lenovo announced that it had rolled out a new CO2 offset service that is the first of its kind for small and medium-sized businesses (SMBs) in Australia and New Zealand.

The CO2 Offset Service is a part of Lenovo's larger Environmental, Social, and Governance (ESG) strategy and goals. It looks at the lifecycle emissions of PCs, including the emissions from making and shipping each product and the estimated emissions from five years of use.

Starting with the SMB market, which produces 38.5 per cent of Australia's annual carbon emissions, or 146.5 million tonnes of greenhouse gases each year, this service will give SMBs a concrete way to help the environment by supporting one of several UN Climate Action projects, such as reforestation, renewable energy, methane capture and combustion, and biomass.

Matt Codrington, Managing Director, Lenovo Australia and New Zealand, said: 

"The Lenovo CO2 Offset Service will give our SMB customers a unique opportunity to adopt carbon compensation to support a more sustainable future. This is another part of Lenovo’s commitment to operating a globally sustainable business and our transformation into a services company to meet our customers’ needs."

KordaMentha, an advisory firm based in Melbourne, was one of the first to sign up for Lenovo's CO2 Offset Service. As a professional services company with almost 400 experts all over Asia-Pacific, KordaMentha knows that IT use and infrastructure have big effects on the environment in terms of carbon emissions and how waste is handled.

KordaMentha's first carbon offset programme with Lenovo shows how committed it is to making procurement processes more sustainable, reducing emissions, and helping to make things better.

Ryan Wadsworth, Partner and CIO, KordaMentha, said: 

"As an office-based firm, our direct impact on the environment is sometimes not in our control, so we are always looking for solutions and partners to assist us in reducing our environmental impact.”

"The Lenovo CO2 Offset Service is our first carbon offset programme implementation at a technology level; this initiative allows us to take meaningful environmental actions, with data-driven outcomes that help us effectively meet and report on our environmental targets,” said Wadsworth.

Lenovo's business clients have offset more than 500,000 metric tonnes of CO2 emissions through their purchases of Think PCs to date (desktops, workstations, laptops). That is the amount of greenhouse gases released by more than 100,000 passenger vehicles driven in a single year.

At the point of purchase, the Lenovo CO2 Offset Service will be instantly linked to eligible Lenovo devices.

The service is currently available on select models of the X1 Carbon and X1 Yoga laptops, with the X1 Nano, X1 Extreme, and T Series services set to launch in the following months. Customers will have the ability to obtain an e-certificate, confirming which United Nations-approved environmental project the purchase has supported.

“Lenovo has been engaged in sustainability efforts for nearly two decades, measuring our ongoing progress since 2008. We are determined to create a better world not only through the products and services we offer but also through our commitment to implementing sustainable practices. With our CO2 Offset Service, we are making offsetting tangible for our SMB customers in a way that links cause and effect directly,” concluded Mr. Codrington.

As an internationally recognised sustainability leader, Lenovo has established science-based goals to halve emissions from its operations and reduce value chain impacts by 25% by 2030, with a commitment to achieve net-zero emissions by 2050.

Source: Tech Business News

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