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Lexmark’s commitment to our local, national and global communities takes tangible form in contributions of equipment, volunteers and financial support to organizations working to meet the challenges and needs of modern society. Responsible corporate citizenship is good business. We apply the same standards of excellence to our contribution and community support activities that we demonstrate in our business practices.
2005 U.S. charitable giving
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Matching Gifts Program - Supporting employee interests is a major focus of Lexmark’s charitable giving. Employee gifts to post-secondary institutions, hospitals, museums, libraries, performing arts and public broadcasting are matched dollar-for-dollar up to $5,000.
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$162,317
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Disaster Relief Matching Gifts
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$150,000
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Hope Center - Donated 12 acres of land to the Hope Center’s Recovery Program for Men in Lexington, Ky.
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$1,000,700
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Lexmark Scholars –Awarded 20 new scholarships to children of U.S. employees, bringing the total to 80 scholars.
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$160,000
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United Way - Cash and in-kind gifts to Lexington, Ky., and Boulder, Colo.
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$283,243
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YMCA of Central Kentucky - Capital pledge for North Lexington Family YMCA branch.
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$100,000
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Lexmark PrintArt - Placed color inkjet printers and fine art CDs in more than 10,000 schools across the United States.
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$2,292,530
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Other cash and equipment donations
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$960,875
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Total giving |
$5,109,665
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Employee volunteerism and contributions
Lexmark places special emphasis on programs utilizing the time and talents of our employees as volunteers. Their charitable investments in their communities include:
» United Way - U.S. employee pledges totaling more than $1.2 million, including Lexmark’s $271,000 contribution, once again made us the largest supporter of United Way locally.
» Employee Volunteer Time - Through the Lexmark Make It Happen Fund Grant, employees volunteered 9,607 hours to 58 nonprofit organizations or schools; $14,500 in Make It Happen grants was donated in these volunteers’ names. Lexmark’s paid volunteer time off program for U.S. employees generated more than 10,000 hours of service to more than 200 nonprofit organizations or schools.
» Habitat for Humanity - In 2005, nearly 200 employee volunteers built one Lexington home, which was fully paid for by Lexmark. Over the past several years, Lexmark employees have built 14 homes in Lexington and Boulder, with Lexmark paying for the materials to construct eight homes.
» University of Kentucky - Lexmark contributed more than $207,000 in cash and in-kind contributions in 2005. This includes an $80,000 cash contribution to the UK Administration Building, the second of a five-year commitment totaling $500,000.
» Junior Achievement - During the 2005-2006 school year, Lexmark sponsored courses at its adopted school, Johnson Elementary, with close to 50 employees per semester volunteering to teach business and economics courses at this and other Fayette County Public Schools.
» Lexmark PrintArt - Lexmark expanded this innovative program providing color inkjet printers, high-resolution CDs containing famous works of art, and sample lesson plans to school districts across the United States, donating $2,292,530 worth of materials in support of arts and cultural education.
Around the world
» Products sold in more than 150 countries.
» Sales offices in more than 70 countries.
» Seven manufacturing centers on three continents.
Lexmark’s 2005 distinctions include:
» ranking No. 47 on BusinessWeek’s InfoTech 100,
» being named one of IndustryWeek’s Top 50 U.S. Manufacturers,
» ranking No. 415 in Fortune 500,
» ranking No. 312 in Barron’s 500,
» ranking No. 1,181 on Forbes Global 2000, and
» being named one of America’s Most Admired Companies by Fortune.
Commitment to the environment
Lexmark always strives to provide industry-leading environmental practices that not only relate to our products but to everything we do, everywhere in the world. The following are examples of Lexmark’s environmental commitment in 2005.
» Environmental Accomplishments – In 2005, the U.S. Environmental Protection Agency, through its WasteWise program, awarded Lexmark a Gold Achievement Award for its significant accomplishments in using recycled materials. Lexmark was also recognized with an Honorable Mention in the Large Business category. In addition, six of our seven manufacturing facilities have achieved ISO 14001 certification for their management systems.
» Recycling – Nearly 5 million pounds (2.3 million kilograms) of paper and cardboard waste and nearly 2 million pounds (1 million kilograms) of scrap metal – that’s how much we were able to keep out of the solid waste stream in the past year through waste minimization programs at our corporate headquarters alone. Lexmark also collected and recycled 4 million pounds of electronics through its ongoing collection efforts in 2005.
» Environmental Partnerships – Lexmark continually pursues environmental partnerships with local communities for the prevention of air, water and land pollution. Our efforts include local assistance through donations of money, equipment and volunteers for projects such as tree plantings, litter clean-up days, environmental education programs and waste collection events. Since 2003, Lexmark has organized an annual global Earth Day celebration at our worldwide manufacturing facilities. Employees not only participate in our company-wide activities, but also partner with their local communities to promote environmental awareness through voluntary projects.
Lexmark is committed to improving our environment through the design of energy efficient products. Lexmark was a charter partner in the ENERGY STAR program, and virtually all Lexmark printers are ENERGY STAR qualified. We continue to drive down product energy consumption, reducing the energy used in power saving modes by up to 70% from 1995 to 2005.
Commitment to diversity
Lexmark strives to value and respect the individual differences of its employees, customers and business partners. Embracing our differences will make Lexmark a more competitive company and a better place to work. Lexmark supports a variety of programs within the company as well as in the communities where its employees live and work. A few of the diversity initiatives for 2005 include:
» Martin Luther King Jr. Day – Lexmark sponsored the annual Unity Breakfast in Lexington, Ky., and the Explorium of Lexington’s Celebration where more than 2,000 children and their families learned about the Civil Rights Movement and black history. Lexmark also sponsored a community event at the public library in Boulder, Colo.
» Girls Go Tech – Lexmark donated $25,000 to assist Girls Go Tech, a Girl Scouts violence prevention program focused on encouraging disadvantaged girls to become interested in math, science and technology.
» Tubby’s Clubhouse / Dell TechKnow – The Dell TechKnow program is a 40-hour after-school initiative in which students learn about computers and software applications through hands-on activities. Lexmark, in partnership with Dell, sponsored the program through in-kind gifts, which operates at 11 Tubby’s Clubhouses in Lexington, Ky. A total of 430 middle-school students have graduated from the program to date.
» Women Leading Kentucky – Lexmark was a major sponsor of the Women Leading Kentucky Conference in Lexington, Ky. Women Leading Kentucky is a coalition of men and women committed to creating business and leadership opportunities for women in Kentucky.
» Women in Engineering Career Day – In partnership with the University of Kentucky, Lexmark hosted nearly 100 high school girls and their families at Women in Engineering Career Day. Lexmark engineers showcased their talents and educated the youth about careers in their field during National Engineers Week.
» No Child Left Offline – In partnership with ConnectKentucky, Lexmark contributed in-kind product valued at $88,000 to this innovative project to help all Kentucky households join the Information Age. Eighth grade students in counties in Eastern Kentucky who did not have computer hardware in their homes received a refurbished state government computer, Lexmark printer and one year of free internet access.
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