RATING
Outlook
Positive
SECTOR
Manufacture of computers and peripheral equipment
Chief Sustainability Officer
T: N/A
E-mail: N/A
Stock Exchange and Ticker
NYSE: DELL
Website
Contact
T: 0800 731 8888
E.mail: N/A
Listing
- #93 Best Employers for Diversity (2023)
- #77 America’s Best Large Employers (2023)
- #121 Best Employers for Veterans (2022)
- #126 World’s Top Female-Friendly Companies (2022)
- #10 World’s Best Employers (2022)
- America’s Best Employers By State (2022)
- #287 Best Employers for Women (2022)
- #110 Best Employers for New Grads (2022)
- #176 Global 2000 (2022)
- #43 Green Growth Companies (2021)
- #140 America’s Best Employers (2021)
- #35 Just Companies (2021)
Awards
- Recognized as one of the World’s Most Ethical Companies, in 2022, by the Ethisphere Institute
- In 2021, scored 100% as best place to work for disability inclusion, by Disability Equality Index
- Perfect score of 100 points in Best Places to Work for LGBTQ+ Equality by Corporate Equality Index in 2022
- Ranked among the 2022 leaders of Gartner Supply Chain Top 25
- CDP Supplier Engagement Leader 2021
- Platinum Medal for ecovadis sustainability rating 2021
- 2nd out of 100 companies as America’s most loved workplaces by Newsweek in 2021
- Prime status in Corporate ESG Performance rated by ISS ESG in 2021
Revenue
$101.2B
Market Capitalisation
$27.479B
Employees
133,000
Content source
Dell Technologies Sustainability Report
Evaluation of Dell Technologies
Dell Technologies has been a pioneer of circular economy and has 90.2% of their entire product portfolio made with recycled or renewable materials. The company has set impressive sustainability goals and is progressing well. The company has achieved several recognizable awards and certifications and is being a role model for sustainability.
Reporting transparency has been achieved to a great extent, and Dell also mentioned the SDGs they prioritse, with measurable progress evidence. Dell’s sustainability initiatives are well recognised as the articles found are positive. Hence, the company achieved a B rating.
Sustainability Scorecard
Dell Technologies Company Activity
Dell is among the world’s leading technology companies helping to transform people’s lives. The company provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset information. Dell has more than 20 manufacturing locations, over 140 fulfillment and logistics centers, 750+ parts distribution centers globally and 2400+ vendor managed service centers and more than 80 global repair centers. 96% of fortune 500 companies are serviced by Dell. The company’s products include personal computers, servers, smartphones, televisions, computer software, computer security and network security, as well as information security.
Dell Technologies Sustainability Activity - As per company declarations
Dell Technologies manages relevant environmental, social and governance (ESG) issues which is of great importance to their stakeholders. Dell is committed to advancing these initiatives across their company and integrating the measurement and management of ESG topics into their strategic planning and operations. The company understands that ESG is a business imperative, which is why they have formalized ESG as an organization within the company with governance extending to the very top. The ESG organization has the opportunity to add long-term value, minimize risk, attract top talent and drive societal progress by:
- Meeting expectations of stakeholders
- Bringing transparency to and improving their ESG performance
- Governing ESG strategy, risks and performance
Dell has two governance bodies responsible for oversight of ESG issues: ESG Steering Committee and ESG Interlock Team.
Certificate & Labels, Standards and Frameworks
- ISO 14001
- ISO 45001
- ISO 50001
- ISO 9001
- ISO 27001
- ISO 39001
- TMMi
- Energy Star
- EPEAT
- TCO
- 80 PLUS
- China Environmental Labeling Program (CELP)
- Global Reporting Initiative (GRI)
- Sustainability Accounting Standards Board (SASB)
- Carbon Disclosure Project (CDP)
- Task Force on Climate-related Financial Disclosure (TCFD)
- World Economic Forum (WEF)
- Organisation for Economic Co-operation and Development (OECD)
- UN Global Compact (UNGC)
- Responsible Minerals Initiative (RMI)
Dell Technologies in the news: Press Reviews and Social Media
Articles related to Dell Technologies were positive. Negative articles were not found and it seems like the company is taking a crucial step towards sustainability.
The article points out that Dell Technologies is a pioneer in tech industry for championing sustainability, circular economy, and net-zero, and has big ambitions.
The article explains Dell Technologies’ path to reducing energy intensity and carbon emissions. I mentions Dell’s 2020 goals and how they have progressed.
This article speaks about Dell’s moonshot goals.
This article mentions the key points of the interview with Louise Koch, Director, Global Social Impact Sales & Customer Engagement, International Region Lead from Dell Technologies. It mentions Dell is more than just a technology company. It’s a company with sustainable approach which is a real delight.
Highlights from Dell Technologies Sustainability Report
Achievements
- 179.8M Kilograms (396.5M pounds) of sustainable materials in Dell’s products and packaging.
- 82% increase in electricity generated by on–site solar panel installations compared with FY20.
- 55% electricity across Dell Technologies facilities from renewable sources.
- 90.2% packaging across Dell’s entire product portfolio made with recycled or renewable materials.
- 26% year–over–year increase in the percentage of products sold taken back for reuse or recycling.
- 33.9% of team members and 28.2% of people leaders identify as women globally.
- 15.4% of team members and 12.2% of people leaders identify as Black/African American or Hispanic/Latino in the U.S.
- 99.6% team members completed Be the Change focused on understanding topics related to inclusion.
- 47% team members are in at least one Employee Resource Group (ERG).
- More than 159 million people have benefited from Dell’s strategic giving and volunteering programs.
- 18,000+ nonprofits supported via giving and volunteering.
- 222 Nonprofits supported on their digital transformation journey.
- 135M individuals enrolled with Digital Lifecare in India.
- 100% Employees agreed to the Dell Technologies Code of Conduct.
Weaknesses and Setbacks
- Scope 1: Direct emissions has increased by 1,400 metric tons compared to the one in FY20.
- Scope 3 emissions in the following categories has increased:
- Category 3: Upstream fuel- and energy-related activities
- Category 4: Upstream transportation/distribution
- Category 11: Use of sold product
Targets vs Progress Reported
| Target | Results reported |
|---|---|
| ADVANCED SUSTAINABLITY GOALS Moonshot Goal - By 2030, for every product a customer buys, Dell will reuse or recycle an equivalent product - By 2030, 100% of Dell’s packaging will be made from recycled or renewable materiaL - By 2030, more than half of Dell’s product content will be made from recycled or renewable material |
- In FY22, Dell recovered 12.1% of products sold to their customers (measured as total units collected for recycling and reuse, divided by total number of units sold). This represents a 2.5 percentage point improvement from the previous year - In FY22, 90.2% of Dell’s packaging was made from recycled or renewable materials. This represents 3.2 percentage point improvement from the previous year.This metric only applies to known Dell customer packaging programs - In FY22, 5.9% of the material used in Dell’s products was made from recycled or renewable material content. This represents a 2.0 percentage point improvement from the previous year |
| Dell aims to reduce scopes 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030 | - In FY22, Dell reduced their combined scopes 1 and 2 (market–based) greenhouse gas emissions by 12,600 metric tons. This represents a 29.8% decrease from their adjusted FY20 baseline |
| Dell will partner with their direct material suppliers to meet a science-based GHG emissions reduction target of 60% per unit revenue by 2030 | - The company has reduced their emissions from direct material suppliers per $MM 3.0% from their FY20 baseline (a MTCO2e to $MM ratio of 42.4 in FY22, vs. 43.7 in FY20) |
| Dell targets to source 75% of electricity from renewable sources across all Dell Technologies facilities by 2030 — and 100% by 2040 | - In FY22, Dell increased their electricity from renewable sources to 55%. This represents a 9% point increase above their adjusted FY20 baseline |
| Dell plans to reduce freshwater use in their Dell Technologies-owned facilities by 25% in locales with high water stress | - In FY22, Dell decreased the use of freshwater in high water stress locales by 6 megaliters. This represents a 42.6% decrease in these locales from their FY20 baseline |
| Dell aims to reduce freshwater use in their Dell Technologies-owned facilities by 10% elsewhere | - In FY22, Dell decreased the use of freshwater in other locales by 63 megaliters. This represents a 19.1% decrease in these locales from their FY20 baseline |
| Each year through 2030, Dell will show continued commitments to provide healthy work environments where people can thrive | - In FY22, Dell provided 61,587 hours of social and environmental training to supply chain team members. This represents an 0.8% increase over the prior reporting period and a 47.6% increase since the company began tracking this metric |
| Each year through 2030, Dell plans to deliver future-ready skills development for workers in their supply chain | - In FY22, Dell-badged team members completed 13,045 hours of future-ready skills training at their in-house factories. This represents a 97.9% increase over their previous reporting period and a 2.5% increase since they first began tracking this metric - In FY22, Dell recorded 144,658 future-ready skills training hours through their pilot program with two suppliers. This represents a 45.7% increase over the prior period |
| CULTIVATING INCLUSION GOALS Moonshot Goal - By 2030, 50% of Dell’s global workforce will be those who identify as women - By 2030, 40% of Dell’s global people leaders will be those who identify as women |
- In FY22, 33.9% of Dell’s global workforce identified as women. This represents an annual addition of 2.1% points toward the goal - In FY22, 28.2% of Dell’s people leaders identified as women. This represents an annual addition of 2.4 % points toward the goal |
| By 2030, 25% of Dell’s U.S. workforce will be those who identify as Black/African American or Hispanic/Latino | - In FY22, 15.4% of Dell’s U.S. workforce identified as Black/African American or Hispanic/Latino. This represents an annual addition of 1.2% points toward the goal |
| By 2030, 15% of Dell’s U.S. people leaders will be those who identify as Black/African American or Hispanic/Latino | - In FY22, 12.2% of Dell’s U.S. people leaders identified as Black/African American or Hispanic/Latino. This represents an annual addition of 0.8 % points toward the goal |
| Each year through 2030, 90% of Dell’s employees will rate their job as meaningful | - In FY22, 88% of Dell’s employees rated their job as meaningful (measured in FY23). This represents a 3% point decrease compared to their FY21 performance |
| By 2030, 50% of Dell’s employees will participate in Employee Resource Groups (ERGs) to drive social impact | - In FY22, 47% of employees participated in one or more ERG. This represents an annual addition of 3.0% points toward the goal |
| Each year through 2030, 75% of Dell’s employees will believe their leader is inspiring | - In FY22, 87% of Dell’s employees believed their leader was inspiring (measured in FY23). This represents a 4% point increase compared to their FY21 performance |
| Transforming Lives Moonshot Goal - With Dell’s technology and scale, the company will advance health and education through digital inclusion initiatives aimed at delivering enduring results for 1 billion people by 2030 |
- In FY22, an additional 66 million people were reached through health and education initiatives. With this, cumulatively, Dell has reached approximately 160 million people. In FY21 approximately 47 million people were reached |
| Each year through 2030, 50% of the people empowered by Dell’s social and education initiatives will be those who identify as girls, women or underrepresented groups | - In FY22, 59.3% of the people empowered by our social and education initiatives were girls, women or underrepresented groups. This represents a 3.2 % point increase compared to the year prior |
| By 2030, Dell will use their expertise and technology to help 1,000 nonprofit partners digitally transform to better serve their communities | - In FY22, 146 nonprofits received support through Dell. Cumulatively, this addition marks 222 unique nonprofits supported toward the goal of 1,000 over a FY20–FY30 time period |
| Each year through 2030, 75% of Dell’s employees will participate in giving or volunteerism in their communities | - In FY22, 50% of Dell’s global Dell team members participated in giving or volunteering. This represents a loss of 1 % point from the year prior. Dell has attributed this decrease to the continued negative impact that COVID-19 had on in-person volunteerism and multiple Dell offices remaining closed throughout FY22 |
| UPHOLDING ETHICS & PROVACY GOALS Moonshot Goal: - By 2030, Dell plans to fully automate their data control processes, making it easier for their customers to control their personal data: - Create a customer-facing privacy digital trust center as part of My Account features - Dell aims to expand their operational privacy compliance digital solution (i.e., RSA Archer) to integrate with the newly created privacy digital trust center in My Account |
- In FY22 Dell launched the privacy trust center to be accessible to users in 27 countries without requiring that they be logged into their Dell My Account, providing transparency to Dell’s privacy practices to broad audiences - Through Dell Technologies’ global privacy program an additional six countries were included in the automated data subject rights workflow integrating Archer with the privacy trust center |
| Each year through 2030, 100% of Dell’s employees will demonstrate their commitment to their values | - In FY22, 100% of Dell employees completed assigned ethics and compliance training. In FY21 also Dell reported 100% completion - In FY22, 100% of Dell employees agreed to the Dell Technologies Code of Conduct same as in FY21 |
| By 2030, 100% of the partners Dell do business with will demonstrate their commitment to Dell’s values | - In FY22, 94% of partners agreed to Dell’s values and expectations as defined in the Code of Conduct for Partners. FY21 represents the baseline for this goal - 100% of partners that passed the Dell Technologies Partner Program (DTPP) annual audit completed the Compliance Training for Dell Partners course where required. FY21 represents the baseline for this goal |
