Lexmark
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Printers
Formed in 1991 as a spinoff from IBM. Manufacturer of laser printers and imaging products. Acquired in 2016 by a consortium of investors led by Ninestar (formerly Apex Technology) and PAG Asia Capital.
Company Ownership
Lexmark International Inc | USA | website | ||||
Ninestar Corporation ![]() owns 51% of Lexmark International Inc |
CHN | website | ||||
Printing and imaging products Formerly Apex Technology Co Ltd. Founded in 2004, Ninestar designs, manufactures, and markets inkjet and laser cartridge components for remanufacturers and distributors. Acquired a majority stake in Lexmark in 2016. | ||||||
Zhuhai Seine Technology Co Ltd ![]() owns 70% of Ninestar Corporation |
CHN | website | ||||
Printing, including 3D Parent company of printing companies Ninestar/Lexmark, Pantum and Seine 3D. | ||||||
PAG ![]() owns 43% of Lexmark International Inc |
HKG | website | ||||
Investment firm Founded as Pacific Alliance Group in 2002. Investment partner operating in Asia with US$50 billion of assets under management. Australian investments include Craveable Brands (Red Rooster and Oporto), Patties Foods, Vesco Foods, The Cheesecake Shop, Cordina Farms, Australian Venue Co and Rex. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Lexmark International Inc | ||||
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B-.
Source: CDP (2022) |
The Electronics TakeBack Coalition's Recycling Report Card evaluates takeback and recycling programs for computer, TV, printer and game console companies. The report card focuses on the programs available to consumers in the US, and relies on publicly available information, as of Sept 2010. This company received a grade of F for its recycling efforts in the USA.
Source: Electronics TakeBack Coalition (2010)
Lexmark has spent nearly 20 years trying to stop you from refilling your laser printer cartridges. In 2003, they attempted to use the DMCA and DRM to argue that it was an act of piracy (the courts didn't buy it) and then in 2015, they went all the way to the Supreme Court with the idea that you were violating their patent license terms if you treated the cartridges you purchased as though you owned them. In 2017 the Supreme Court told Lexmark it was wrong.
Source: boingboing (2017)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2021)
This company was named in Seramount's 100 Best Companies 2022 for being a mum-friendly employer. Listed companies provide inclusive benefits for families, including paid gender-neutral parental leave, phase-back programs, bereavement leave after miscarriage, reimbursement for fertility expenses, and increased mental health benefits for employees.
Source: Seramount (2022)
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
This company is a member of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition), a non-profit coalition of electronics companies which supports the rights and wellbeing of workers and communities worldwide affected by the global electronics supply chain. RBA members commit and are held accountable to a common Code of Conduct and utilize a range of RBA training and assessment tools to support continuous improvement in the social, environmental and ethical responsibility of their supply chains.
Source: RBA (2022)
In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
Source: CDP (2021) |
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Ninestar Corporation | ||||
In its 2017 Annual Media Report this company has Corporate Social Responsibility claims. Their Ninestar Angel program supports kids with leukemia, plus they have partnered with a tree planting program and donated to earthquake victims.
Source: company website (2017) |
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Zhuhai Seine Technology Co Ltd | ||||
No assessment data currently available for Zhuhai Seine Technology Co Ltd |
Company Details
Type | Private company |
Revenue | 3.7 billion USD (2014) |
Employees | 9000 (2018) |
Subsidiaries | Lexmark International (Aust) Pty Ltd ![]() Printers Provides printers & multi-function devices and ink/toner and supplies. |
Contact Details
Address | Lexington, Kentucky, USA |
Website | www.lexmark.com |
Products / Brands
Lexmark Australia
Lexmark Printers |