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LXK Lexmark International, Inc. (delisted)

40.49
0.00 (0.00%)
30 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lexmark International, Inc. (delisted) NYSE:LXK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 40.49 0 01:00:00

Lexmark Partners With PrintReleaf to Offer Automated Sustainability Program

22/04/2019 2:00pm

PR Newswire (US)


Lexmark (NYSE:LXK)
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From May 2019 to May 2024

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LEXINGTON, Ky., April 22, 2019 /PRNewswire-PRWeb/ -- In support of its commitment to innovative and sustainable imaging solutions, Lexmark has partnered with PrintReleaf to offer customers an automated sustainability program focused on reforestation. Through PrintReleaf, Lexmark customers can now reforest their paper consumption by planting an equivalent volume of trees in certified forestry projects around the world.

The patented PrintReleaf technology measures total paper consumption through device and fleet data collected by print management software on Lexmark print devices. Total paper consumption is converted into an equivalent number of trees which are then automatically and certifiably planted around the world. PrintReleaf also monitors reforestation partners to ensure fulfillment.

PrintReleaf reforests at a rate of 8,333 sheets of paper per standard tree which is openly detailed in the PrintReleaf Standard. Lexmark customers may choose their reforestation sites or allow the software to automatically choose for them. Additionally, Lexmark customers may track their progress as well as share the ongoing impact through social media, all from their own online PrintReleaf portal.

"Our partnership with PrintReleaf further underscores Lexmark's commitment to innovation, transparency, and the environment," said John Gagel, Senior Manager of Global Corporate Sustainability. "Lexmark is already a customer and now we are excited to partner with PrintReleaf and leverage their automated sustainability program to provide our customers a solution for neutralizing paper waste and sustaining our global forests."

"PrintReleaf is pleased to partner with Lexmark and expand our global footprint," said Jordan Darragh, PrintReleaf Founder and CEO. "We share the same common interest to strengthen sustainability commitments with customers and grow our global forests."

About Lexmark
Lexmark creates innovative imaging solutions and technologies that help customers worldwide print, secure and manage information with ease, efficiency and unmatched value. Open the possibilities at Lexmark.com.

Lexmark and the Lexmark logo are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.

About PrintReleaf
PrintReleaf creates a global sustainability standard by certifiably guaranteeing to releaf the paper consumption of PrintReleaf customers. PrintReleaf is the only technology platform that measures customers' paper usage and certifiably reforests that usage on an equivalent basis. The patented PrintReleaf technology not only tracks paper consumption, but also monitors PrintReleaf reforestation partners to ensure fulfillment. Market-leading companies with a passion for the environment and a progressive concern for advancing environmental stewardship, together with their customers, rely on PrintReleaf to provide a nexus of partnerships involving forestry, technology, and business. For more information, please visit http://www.printreleaf.com.

 

SOURCE Lexmark

Copyright 2019 PR Newswire

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