Lenovo's leadership in sustainability was bolstered this year when it became one of the first group of companies to have net-zero targets validated by the Science Based Targets initiative. The company is on-track to meet its near-term emissions reduction targets for 2030, including reducing Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions intensities by 66.5% from purchased goods and services, 35% from sold products, and 25% from upstream transportation and distribution. Lenovo is collaborating with suppliers to reduce its scope 3 (value chain) emissions, traditionally the largest category of emissions and the most difficult to track in a complex, global supply chain. Lenovo is committed to sustainability through holistic innovations. In the fiscal year 2022/23, it accelerated their transition to a circular economy by increasing the number of products with 'closed loop' recycled content from end-of-life IT and electronics.