Lexmark, like so many other worldwide corporations, has deepened its commitment to economic, social and environmental sustainability. Deeper corporate commitments to sustainability and social responsibility and regular and formal documentation of corporate efforts in these areas are helping to bring significant issues to critical mass. We are hopeful that these efforts are resulting in an enhanced quality of life for people around the globe.
During the recent period of global economic turbulence – when many businesses were forced to make difficult reductions in many areas of their operations – Lexmark became more determined than ever to align our financial success with responsible global citizenship. We maintained our commitment to equitable social and environmental practices and strengthened our position as a thoughtful and positive steward of global resources.
There are several reasons that sustainability and social responsibility are priorities at Lexmark. First and foremost, it’s the right thing to do. Beyond that, it makes good business sense. Environmental and social responsibility have become a primary focus for consumers. Likewise, investors expect businesses to operate sustainably. Additionally, newly enacted legislation and emerging voluntary standards can limit market access for companies that don’t offer sustainable products or operate in a responsible manner.
This report outlines Lexmark’s environmental and social responsibility efforts, addressing our strategy, our achievements and our plans for the future. CSR issues of particular materiality to Lexmark – environmental responsibility, workplace diversity and accessibility – are discussed at length and in depth.
At the close of 2009, we set a goal to dramatically increase our level of transparency and to establish programs to fill gaps in our CSR programs as identified by external analysts and through internal analyses. I’m proud to report that both of these goals have been achieved. With this report we have reached our highest degree of transparency by addressing 100 percent of all Global Reporting Initiative (GRI) performance indicators. Additionally, Lexmark has been recognized by external organizations for its environmental and social responsibility efforts. In 2010, Lexmark was selected for inclusion in the Maplecroft Climate Innovation Indexes. Lexmark was rated seventh overall and we were first in our sector (technology) and sub-sector (computers). In addition, we were the second-ranked company in emissions reductions of the 350 companies rated. Our company was also listed on the most recent 100 Best Corporate Citizens List compiled by Corporate Responsibility Magazine, achieving an overall rank of 60 with higher rankings of No. 6 on environment and No. 8 on climate change.
I believe our record on sustainability issues and our reporting on them is a good one, but there’s always room for improvement. We intend to remain diligent in our efforts to maintain a leadership position in this pursuit. Lexmark’s senior management is charged with embedding environmental and social consciousness into our corporate culture. That process will help ensure those issues are thoughtfully considered in all decisions made at every level of our company. The way in which we conduct business is as important to us as the quality of our products.
Going forward, we will continue to support the United Nations Global Compact (UNGC) and will conduct business in a manner that is sensitive to societal and environmental issues that align with the principles of that compact.
In closing, let me express how proud I am that Lexmark employees have overwhelmingly embraced the concept of social and environmental responsibility. That reflects extremely well on our company and I am grateful to all of them for that dedication.
Paul A. Rooke
Chairman and Chief Executive Officer
Lexmark International, Inc.