The OEM has become a member of the Ellen MacArthur Foundation’s Circular Economy 100, which “brings together innovative businesses to address the issues around the transition to the circular economy”.
The global platform was created to “support companies as they seek to unlock the commercial opportunities” from “designing products for reuse, new or enhanced recovery models and the introduction of new business models that promote greater circularity”. The OEM added that the programme “was founded on the principle that more value can be gained through collaborative working than can be achieved alone”.
Lexmark claims that it has an “ongoing engagement with the circular economy”, citing its Lexmark Cartridge Collection Programme (LCCP) – which provides customers with “easy methods to return their used laser supplies” – alongside free collection services “in more than 60 countries”. It also claims that it has been able to “dramatically increase the use of post-consumer recycled content in its toner cartridge[s]”, particularly through the Corporate Cartridge range, launched last year.
Jean-Charles Guinot, Business Programme Associate of the Ellen MacArthur Foundation, stated: “Research by the Ellen MacArthur Foundation has highlighted a combined annual trillion dollar opportunity globally in net material cost savings for companies making the transition to circular economy. We are really pleased that Lexmark has agreed to join our industry partnership platform and share and explore the application of the circular economy approach with other forward-thinking global businesses.”
Sylvie Thomas, Head of Corporate Social Responsibility at Lexmark EMEA, added: “Lexmark is committed to being a good corporate citizen and our business practices are guided by the principles of resource efficiency and the circular economy. Working with the Ellen MacArthur Foundation and being part of a group of 100 like-minded businesses that are all seeking to promote the obvious benefits of the circularity will help to maintain and improve our own approach to how we incorporate circular economy practices throughout our business.”