Xerox's acquisition of Lexmark enhances its sustainability leadership in the industry, aiming to provide comprehensive eco-friendly solutions to clients.

Target Information

Xerox Holdings Corporation, a longstanding leader in workplace solutions, has been recognized as a leader in sustainability by Quocirca in its 2025 report for the fourth consecutive year. This acknowledgment highlights Xerox's ongoing dedication to sustainable practices, which includes the implementation of circular economy initiatives and data-driven services that assist clients in reaching their sustainability objectives. In July 2025, Xerox expanded its commitment by acquiring Lexmark, a company acclaimed for its sustainable product designs, its high content of recycled materials, and its advanced AI-driven lifecycle management solutions, all contributing to its goal of achieving carbon neutrality by 2035.

Industry Overview

The sustainability landscape within the print and digital services industry is rapidly evolving, particularly in the United States. Organizations are increasingly prioritizing environmental responsibility, recognizing that sustainable practices are essential not only for compliance but also for competitive advantage. According to Quocirca's findings, 82% of firms have accelerated their sustainability initiatives, with nearly half considering environmental credentials crucial when selecting printing suppliers.

This trend is supported by the growing consumer demand for eco-friendly products and practices. As businesses shift towards more responsible operations, companies like Xerox are well-positioned to lead the market by