Telecommunications Hardware & Software
Chief Sustainability Officer
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- #15 Best Employers for Women (2022)
- #20 Canada’s Best Employers For Diversity (2022)
- #25 Best Employers for New Grads (2022)
- #92 Global 2000 (2022)
- #36 Best Employers for Diversity (2022)
- #2 Fortune World’s Best Workplaces (2021)
- #1 in IT Industry, IPE
- 7 Climate Leadership Awards in 2019
- 2018 Outstanding Company Contribution Award
- Cyber Safe Workplace Award from National Cyber Security Alliance (NCSA)
- The Better Society Award
- MSCI ESG Ratings — AA
- CDP Disclosure Insight Action — A-
- IPE Supply Chain Climate Action Index (SCTI)
- IPE Green Supply Chain Corporate Information Transparency Index (CITI)
- Dow Jones Sustainabilty Indices — Industry Best— Environmental and Governance & Economic in CMT Communications Equipment World Index
- Dow Jones Sustainabilty Indices — North America Index
CISCO Sustainability Report
Evaluation of CISCO
The business has set very broad goals and is making progress toward them. The main operations of Cisco are grouped under the five main topics of power, cooling, high-speed interconnects, application-specific integrated circuits (ASICs), and customer facilities.
Cisco’s mission is to “power an inclusive future for all.” Through its deeply ingrained corporate responsibility initiatives, Cisco is committed to improving the quality of life for individuals as well as for the planet as a whole. Another point that is worthwhile to mention is that including meeting the target one year earlier and reducing global Scope 1 and 2 greenhouse gas emissions by 60% from fiscal 2007 levels. Cisco’s efforts in environmental sustainability center on achieving net zero for all scopes of greenhouse gas emissions by 2040, like many of its competitors in the IT and telecom market.
The company is continuing its efforts to share information about its community-based programs and their practical outcomes in its Cisco Purpose reports, while also enticing other businesses to carry out comparable assistance and initiatives globally, the biggest example of this is The first-ever Environmental Sustainability Specialization. Last but not least, they have a stellar online reputation. The overall result makes it a nearly sustainable company.
CISCO Company Activity
Cisco System is part of a multi-billion dollar conglomerate made up of multiple acquired companies like Webex, Jasper, and OpenDNS. Cisco’s focus is primarily on the tech market like IoT. Founded in 1984 by Leonard Bosack and Sandy Lerner, Cisco was one of the first companies that caught an audience for the service provider domain, with its first major success being a router that had multiple network protocols . In the height of the dot-come era, Cisco was the most valuable company in 2000. Cisco continued this MVP status through 2014.
The company’s mission is to help “seize the opportunities of tomorrow by proving that amazing things can happen when you connect the unconnected. An integral part of our DNA is creating long-lasting customer partnerships, working together to identify our customers’ needs and provide solutions that fuel their success”. Cisco produces IT products ranging in 5 major areas: Networking, Collaboration, Security, Data Center, and the Internet of Things. To date some of the top products are the Cisco Catalyst Switches, Catalyst Series Access Points, and Services Router.
CISCO Sustainability Activity - As per company declarations
Cisco accepts full responsibility for their environmental impacts and is taking action to mitigate and end the harms on the environment through its production. environmental policy has been implemented across all operations and products. The company plans to act on greenhouse gas emissions, biodiversity and land use, product and packaging materials, water, solid waste from operations, and liquid effluents. Cisco is setting public goals to promote accountability to their environment and sustainable goals.
Certificate & Labels, Standards and Frameworks
- ISO 14001
- Renewable energy certificates (RECs)
- Global Reporting Initiative (GRI)
- Value Reporting Foundation (SASB Standards)
- Task Force on Climate-related Financial Disclosures
- Carbon Disclosure Project (CDP)
- UN Guiding Principles on Business and Human Rights (UNGPs)
CISCO in the news: Press Reviews and Social Media
For the first time ever, Cisco is introducing an environmental sustainability specialization. The specialization will instruct and certify Cisco partners who assist their clients with the responsible reuse or recycling of end-of-use products. The Takeback Incentive from Cisco allows partners to benefit from discounts of up to 7% on new products. Cisco’s Takeback program allows customers to return used equipment, which is then recycled or added to the Refresh program. With the same warranty and support options as new Cisco products, Refresh offers partners and customers certified Cisco remanufactured equipment. Chuck Robbins, the CEO of Cisco, promised to either take back and refurbish or recycle every piece of hardware the company sells.
To address the environmental impact of its operations and products, Cisco has established long-term objectives. The business has carried out over 440 energy-efficiency projects that lower costs and emissions over the last five years. Up to 85% of the clean electricity used by Cisco comes from renewable sources. The tenth most sustainable company in the world is Cisco. It has cut back on company vehicles as well as Scope 1 and 2 direct and indirect emissions by 60%. Cisco has also committed to investing US$100 million over a ten-year period in impact investments and nonprofit grants for climate solutions.
The Center for Climate and Energy Solutions (C2ES) and The Climate Registry presented Cisco with three Climate Leadership Awards (TCR). These awards included one for supply chain leadership and two for effective greenhouse gas management. Cisco used renewable energy for 80% of their global electricity needs in 2019.
Highlights from CISCO Sustainability Report
- In fiscal 2021, 4000 workers were impacted by recruitment fees worldwide and US$200,000 was reimbursed to supplier workers for health check and recruitment fees
- US$477 million in cash and in-kind contributions to community programs by Cisco and the Cisco Foundation, including US$367 million in in-kind contributions for the Cisco Networking Academy in fiscal 2021
- Increasing the population of African American/Black employees at all levels of the company
- 2 million gallons of water saved: Almost two entire Olympic-sized swimming pools
- 4 million pounds of greenhouse gas emissions avoided: Equal to taking 330 cars off the road for a year
- 224,000 pounds of waste reduced: Nearly 100 dumpsters worth of waste
Weaknesses and Setbacks
- Disparity in employee gender rate
Targets vs Progress Reported
|Achieve 80% community impact participation, as measured by employees’ actions, including advocating for causes they care deeply about, volunteering, donating, and participating in programs that positively impact communities by FY21||- ACHIEVED: 80% participation|
|Achieve a 25% increase in representation of all employees who self-identify as AA/Black from entry level through manager and a 75% increase in representation from Director to VP+ level (FY20 base year) by FY23||- ON TRACK: 11% entry level through manager
- ACHIEVED: 90% Director level and 120% VP+ level in FY21 as compared to FY20
|Expand supplier strategy by doubling the percentage spend with diverse suppliers and obtain reporting on diversity metrics from 100% of the FY20 preferred suppliers by FY23||- IN PROGRESS: Obtained executive commitment and established business function champions to support the journey to double their diversity spend
- ACHIEVED: Received workforce diversity reports from 100% of the FY20 preferred suppliers with U.S. workers in FY21
|Commit US$150 million to fund STEM education and drive technology modernization at four-year HBCUs by FY25||- Committed US$50 million to the Student Freedom Initiative “Access to Education” endowment, of which US$12.5 million was spent in FY21
- Selected 8 HBCUs to receive tech assessments in partnership with AVC Technologies as part of our IT Modernization program to build technology excellence
|Commit US$50 million to increase the diversity in the partner ecosystem by increasing the number of AA/Black owned technology companies in the partner ecosystem and increasing opportunities to accelerate the financial growth of AA/Black owned partners by FY25||- Established the African American Cisco Partner Community (AACPC), starting with 53 partners in FY21, with a focus on investing in partner growth|
|Invest US$50 million in startups and venture funds led by diverse leaders by FY25||- ON TRACK: Tracking in line to meet the five-year commitment|
|Positively impact 1 billion people through the social impact grants and signature programs by FY25||- ON TRACK: 716 million people positively impacted through our social impact grants and signature programs between FY16-FY21|
|Reduce total Cisco Scope 1 and 2 GHG emissions worldwide by 60% absolute (FY07 base year) by FY22||- ACHIEVED: 60% reduction|
|Use electricity generated from renewable sources for at least 85% of our global electricity by FY22||- ACHIEVED: 85% renewable|
|Improve large rack-mounted equipment system power efficiency—as measured from the input power from the facility to the board-mounted ASICs, memory, and other chip devices—from 77% to 87% (FY16 base year) by FY22||- ON TRACK: 85% efficiency|
|80% of Cisco component, manufacturing, and logistics suppliers by spend will have a public, absolute GHG emissions reduction target by FY25||- ON TRACK: 38% with targets|
|70% of Cisco component and manufacturing suppliers by spend will achieve a zero waste diversion rate at one or more sites by FY25||- ON TRACK: 27% by spend with at least one certified site|
|Decrease use of virgin plastics by 20% (FY18 base year by FY25)||- ACHIEVED: 38% decrease|
|Reduce foam used in Cisco product packaging by 75% as measured by weight (FY19 base year) by FY25||- ON TRACK: 19% reduction|
|Increase product packaging cube efficiency by 50% (FY19 base year) by FY25||- ON TRACK: 26% improvement|
|100% of new Cisco products and packaging to incorporate Circular Design Principles by FY25||- ON TRACK: Pilot completed|
|Reach net zero greenhouse gas emissions for Scope 1 and 2 (FY19 base year) by FY25||- NOT YET REPORTING|
|Reduce Cisco supply chain-related Scope 3 GHG emissions by 30% absolute (FY19 base year) by FY30||- ON TRACK: 23% reduction|