Xerox and Lexmark Recognized as Sustainability Leaders in Quocirca 2025 Report

Xerox announced today it has been named a leader in Quocirca's Sustainability Leaders 2025 report for the fourth consecutive year, underscoring its commitment to sustainability-focused workplace solutions. The company earned recognition for its robust strategy, circular economy initiatives, and data-driven services that help clients achieve their sustainability goals. Lexmark, which Xerox acquired in July 2025, was also recognized as a leader for its sustainable product design, high recycled content in devices, and advanced AI-driven lifecycle management, reinforcing its goal to be carbon neutral by 2035.

Why Xerox Stands Out

Quocirca's analysis places Xerox as a leader for the breadth and depth of its sustainability-led offerings, which span:

• Energy-efficient devices
• Advanced print management software
• Digital services and IT solutions
• Circular economy programs

This integrated approach enables clients to reduce carbon emissions, optimize workflows to reduce paper use, and extend product lifecycles without compromising performance - capabilities that are now further strengthened by Lexmark's integration.

"As sustainability becomes a critical factor in vendor selection, organizations are looking for partners that offer both breadth and depth in their environmental strategies," Louella Fernandes, CEO of Quocirca, said. "The enduring leadership of Xerox, now reinforced by Lexmark's expertise in sustainable design and lifecycle management, creates a compelling proposition for businesses seeking measurable impact and transparency in their sustainability journey."

Key Achievements

• Fourth consecutive year as a sustainability leader in Quocirca's report.
• Ambitious net zero target of 2040, ahead of most competitors that remain focused on 2050.
• 59% reduction in Scope 1 and 2 emissions compared to its 2016 baseline progressing toward its 2030 goals
• Circularity at scale with over 45,000 devices remanufactured or refurbished over the past 4 years and 1.7 million toner cartridges remanufactured in 2024.
• Devices with up to 47% post-consumer recycled (PCR) plastic, targeting 25% minimum across all new products.
• 10-point increase in Xerox brand perception confirmed in the accompanying Quocirca Sustainability Brand Perception Report 2025

Doubling Down on Sustainability Innovation with Lexmark

The integration of Lexmark and Xerox strengthens sustainability leadership. Lexmark brings

• Deep expertise in sustainable product design
• Industry-leading use of recycled materials
• Advanced AI-driven Smart Refresh lifecycle management program
• Evergreen remanufacturing program and CO₂mpute carbon reporting tool

Together, Xerox and Lexmark offer one of the most comprehensive sustainability-focused portfolios with complementary circular economy initiatives and analytics capabilities, helping clients achieve environmental goals while improving operational efficiency.

"Being recognized as a leader by Quocirca for the fourth consecutive year validates our commitment to sustainability as a core business priority," said Wendi Latko, chief sustainability officer at Xerox. "With Lexmark now part of Xerox, we are uniquely positioned to combine innovation, scale and expertise to deliver solutions that help clients achieve their environmental goals."

Quocirca's report underscores the growing importance of sustainability in vendor selection, with 82% of organizations accelerating their sustainability plans and nearly half citing environmental credentials as a key factor in choosing a print supplier. Both Xerox and Lexmark are positioned as leaders. Together, they enable clients to meet regulatory requirements, reduce carbon footprints, and advance toward net zero with confidence.

For more information on Xerox sustainability initiatives, visit https://www.xerox.com/sustainability. For Lexmark, visit https://www.lexmark.com/sustainability.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today's hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

© 2025 Xerox Corporation. All rights reserved. Xerox® is a trademark of Xerox Corporation in the United States and/or other countries.