By Mary de Wysocki
Published 07-27-23
Submitted by Cisco Systems, Inc.
As a global tech leader with more than 83,000 employees across 95 countries, it is critical for Cisco to operate in a way that protects human rights; facilitates diversity, inclusion, and equitable opportunity; empowers vulnerable communities; and protects the planet.
Our holistic approach to environmental sustainability includes how we operate our business, how we engage with suppliers, and how we help customers and communities reduce their environmental impacts and adapt to a changing world.
Today, the world is more connected than ever before, but we’re suffering from new forms of disconnection: from each other, from our health, and from the health of the planet.
As a company, we’re committed to leveraging our unique strengths to power an inclusive future for all. But we can’t have any kind of future if we don’t have a healthy planet. That’s why we’re focusing on not just a sustainable future, but a regenerative one. Regeneration means moving beyond a “doing no harm” mindset to one in which we build the capacity of our social and environmental systems to heal and thrive.
Earth just had its hottest June on record. If we don’t limit global temperature rise to less than 1.5° Celsius compared to pre-industrial levels, we will face dramatic consequences, as natural disasters such as floods, more severe and frequent weather events, longer and more severe droughts, and food shortages can be exacerbated by a changing climate.
How do we limit global temperature rise to 1.5°C? In short, the world must reach zero greenhouse gas (GHG) emissions by 2050. If that sounds hard, it’s because it will be. But the science says we can get there if we act now and act with urgency.
We must build a sustainable future: one in which we can phase out our reliance on fossil fuels, address a century’s worth of pollution, provide economic opportunity to communities around the world, and align our activities with the physical boundaries of our Earth.
We believe that future is possible, and Cisco can help get us there. We have a plan:
This is The Plan for Possible, Cisco’s next generation environmental sustainability strategy.
The progress we make in this decade will be critical for future generations. We’re aligning our environmental strategy to rise to this challenge.
Priority 1: Transition to clean energy
To power the world with renewables, the grid requires updated digital infrastructure to connect diverse, decentralized sources of clean energy. But even as the world electrifies, we must simultaneously reduce the amount of energy used by a connected economy. As a part of this priority, we’ve also set a goal to reach Net Zero across our value chain by 2040, which includes both our supplier and our customer use of energy.
How we’ll do it:
Examples of where we’ve already made an impact:
Priority 2: Evolve the business to circular
Now is the time to transition from an economy that extracts resources and eventually wastes them, to a circular one which finds new uses for products and their inputs. We aim to transform our business to extend the useful life of our products and provide ongoing services.
How we’ll do it:
Examples of where we’ve already made an impact:
Priority 3: Invest in resilient ecosystems
Thriving economies depend on stable environments and inclusive societies. Our value chains benefit from resilient ecosystems, both financial and ecological. It is in our shared interest to help humans and nature navigate a changing climate by investing in regenerative technologies, workforces, and nature itself.
How we’ll do it:
Examples of where we’ve already made an impact:
Powering possible with enhanced governance
We are embedding sustainability into the way we operate. We intend to stay aligned with the pace of science while ensuring support from the entire organization. The holistic pursuit of equity and sustainability is the only path forward that allows us to maintain the public’s trust in our values.
By pursuing what’s possible, we can accelerate the transition into the digital age while maintaining the health of the planet — and a climate future we all need and desire for future generations to come.
Visit our ESG Reporting Hub for more details on our environmental initiatives.
* We have a goal that 80% of Cisco component, manufacturing, and logistics suppliers by spend have a public, absolute GHG emissions reduction target by FY25. We are at 78% as of FY22.
**Cisco Foundation initiative
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About Cisco's Purpose
Cisco’s purpose is to Power an Inclusive Future for All. From increasing access to skills needed to thrive in a digital economy to supporting the most vulnerable in times of crisis, we’re committed to using our technology for good. Cisco is also leveraging our scale and innovation to help ensure that our increasingly digital future is sustainable, inclusive, and resilient.
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