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Sustainability Goals

Sustainability Goals

2022 Sustainability Goals

  • Reduce total Scope 1 and 2 GHG emissions worldwide by 60% absolute 
  • Use electricity generated from renewable sources for at least 85% of global electricity 


2025 Sustainability Goals

  • Reduce foam packaging use by 75%, as measured by weight 
  • Improve product packaging efficiency by 50%, as measured by package volume per weight of product 
  • 70% of its manufacturing suppliers by spend will achieve a “zero waste” diversion rate at one or more site(s)
  • Decrease use of virgin plastics by 20%
  • 80% of component, manufacturing, and logistics suppliers by spend will have a public, absolute GHG emissions reduction target 
  • Achieve net-zero Scope 1 and 2 emissions


2030 Sustainability Goals

  • Reduce supply chain-related Scope 3 GHG emissions by 30% absolute


2040 Sustainability Goals

  • Achieve net-zero across all scopes of emissions—including product use, operations, and supply chain

 

Past Goals Achieved

  • Avoided 1 million metric tons of GHG emissions within the supply chain between FY12 and FY20 (achieved in 2019)

Latest Sustainability Report

Highlights


  • Reduced Scope 1 and 2 emissions by 48% and Scope 3 emissions by 14% compared to FY19.
  • 91% of electricity for facilities came from renewable sources.
  • 27% of new products and packaging now incorporate Circular Design Principles.
  • Reduced water withdrawals by 34% from FY19.
  • 98% of company’s key suppliers disclosed to CDP, with 76% setting water-related targets.
  • 1.1 billion people have benefited through the company’s social impact grants and signature programs (from FY16 to FY23), achieving its FY25 goal two years early.
  • Covered 446,000+ supply chain workers in Supplier Code of Conduct audits, overseeing labor, health, safety and environment systems.
  • Increased representation of all African American/Black employees by 73% between FY20 and FY23.
  • Increased diverse supplier spend 108% between FY20 and FY23.

Recent News

2024

CORPORATE KNIGHTS Released its 20th annual Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. In 2024, top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% last year, and compared to just 17% of investments of publicly traded companies with more than $1 billion in revenue. The top ranked company was Sims Ltd, an Australian waste management company that moved up from #14 in 2023. CEF Members in the Global 100 include: Schneider Electric (#7), Trane Technologies (#23), Cisco (#64), HP Inc. (#67), Apple (#71), Unilever (#76), Hewlett Packard Enterprise (#81), and Prologis (#87). (Jan 2024)

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2023

United announced eight new participants in its Eco-Skies Alliance program to support SAF use on United’s Flights, including CEF members Bank of America and Cisco, bringing the total number in the program to 24. (May 2023)

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CORPORATE KNIGHTS Released its 2023 Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. The top list has outperformed the MSCI All Country World Index on an annual basis for seven of the past 11 years. The top spot went to Schnitzer Steel Industries, a steel recycler that increased energy productivity by 74%, water productivity by 69%, and carbon productivity by 55% in 2021. CEF Members in the Global 100 include: Schneider Electric (#7), Alphabet (#26), Ecolab (#30), Unilever (#38), HP (#39), Cisco (#48), Hewlett Packard Enterprise (#67), and Apple (#73). (Jan 2023)

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2022

NEWSWEEK / STATISTA Released its “America’s Most Responsible Companies 2023” list, which ranks 500 of the U.S. largest public companies based on their ESG performance. The top 50 include CEF members: HP (#1), Qualcomm (#13), Microsoft (#17), Cisco (#19), Hewlett Packard Enterprise (#34), Walt Disney (#39), Mastercard (#40), and Ecolab (#46). (Dec 2022)

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Asia Clean Energy Coalition (ACEC) ACEC aims to drive corporate clean energy procurement in Asia, accelerating its overall demand and supply. ACEC will strategically improve the policy and regulatory environments for clean energy, in both national and regional Asian markets. The coalition seeks to align the world’s leading clean energy buyers, project developers and financiers, to help policymakers, utilities and energy regulators innovate and deploy cost effective clean technologies across the Asia-Pacific region. Founding members include CEF members Amazon, Apple, Cisco, Google, Meta, and Samsung. (Nov 2022)

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BT / CISCO — Announced a partnership in which BT customers can ship replaced or decommissioned electronic equipment to Cisco to be responsibly reused or recycled through BT’s takeback and reuse program. This program, which adds to BT’s existing take-back program for smartphones, will start in six countries and expand to further countries at the end of 2022. (Oct 2022)

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The U.S. Department of Commerce and the Office of the U.S. Trade Representative launched the Indo-Pacific Economic Framework for Prosperity (IPEF) Upskilling Initiative, a public-private endeavor to support training and education in digital skills for women and girls in 8 countries, including Brunei, Fiji, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Fourteen U.S. companies, including CEF members Amazon, Apple, Cisco, Dell Technologies, Google, HP, Mastercard, Microsoft, and Visa, will each provide 500,000 or more digital upskilling opportunities by 2032, such as providing training in data science, cyber-security, AI, and robotics; providing female small business owners with toolkits to help with website planning, social media, and marketing; and supporting digital leadership and entrepreneurship training in rural areas. (Sept 2022)

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Announced a new circular IT payment solution for customers called Cisco Green Pay that encourages the circular use of its sustainable technologies. The new payment model offers a 5% incentive on Cisco hardware, predictable payments for five years, free product returns, and a certificate verifying the product’s circular journey. (April 2022)

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Global Parity Alliance — The World Economic Forum in collaboration with McKinsey & Co. launched this new global cross-industry group to “promote and accelerate diversity, equity, and inclusion (DE&I) outcomes, by sharing proven DE&I best practices and practical insights from leading organizations.” The 23 Founding Members of the group include CEF members Cisco, McKinsey & Co., and Schneider Electric. (April 2022)

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theSKIMM — Mission-driven media company theSkimm created a public-facing database featuring voluntarily-shared leave policies of more than 480 companies, in an effort to increase transparency and provide accessible information from a wide range of employers to help empower workers and improve policies. The database builds on theSkimm’s viral #ShowUsYourLeave initiative (launched in 2021) and presents market research as well as specific company benefits and policies. Among the companies that shared their policies are CEF members Bank of America, Boeing, Cisco, General Motors, and Morgan Stanley. (April 2022)

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AS YOU SOW / CORPORATE KNIGHTS “CLEAN200” LIST — Shareholder advocacy group As You Sow and Corporate Knights released their annual list of the 200 largest public companies “ranked by green energy revenues.” On average, it found 58% of revenues earned by Clean200 companies to be “clean,” up from 39% in 2021 and significantly above the 20% average for their MSCI ACWI peers. The top 10 includes CEF members Apple (#1), Alphabet (#2), Cisco Systems (#7), HP (#8), Schneider Electric (#9), and Siemens (#10). (Feb 2022)

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SPG GLOBAL’S “2022 SUSTAINABILITY YEARBOOK” — Over 700 companies made SPG Global’s 2022 Yearbook, an annual assessment to distinguish the top-performing companies in corporate sustainability. CEF members Cisco Systems, General Motors, Siemens, Unilever, and Waste Management earned the highest “Gold Class” status, achieving an S&P Global ESG Score within 1% of their industry's top-performing company's score. (Feb 2022)

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JUST CAPITAL 2022 “JUST 100 LIST” — 100 companies out of 954 public companies scored by JUST Capital, in collaboration with CNBC, made the 2022 “JUST 100” list, which recognizes companies that perform the best against 20 “priorities for just business behavior” (e.g., accountability to all stakeholders, paying a fair, living wage) that are identified based on polling of the American public. The top 10 includes CEF members Alphabet (#1), Microsoft (#3), Bank of America (#5), Apple (#7), and Cisco Systems (#10). (Jan 2022)

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2021

NEWSWEEK / STATISTA — Released its “America's Most Responsible Companies 2022” list, which ranks 500 public companies based on their ESG performance (up from 400 companies previously). The top 20 includes CEF members HP (#1), HPE (#7), Cisco (#13), and Ecolab (#18). (Dec 2021)

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Committed to achieving net-zero by 2040 across all scopes of emissions—including product use, operations, and supply chain—with an interim target of net-zero Scope 1 and 2 emissions by 2025. (Sept 2021)
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Nearly 100 leaders of companies, associations, and organizations—including CEF members Facebook, Microsoft, Apple, Hewlett Packard Enterprise, Amazon, Alphabet, General Motors, Mastercard, HP Inc., Cisco, and TPG Capital—sent a letter urging Congress to pass legislation to create a pathway to citizenship for the “Dreamers”—who would benefit from the Deferred Action for Childhood Arrivals program. The leaders were organized by the Coalition for the American Dream. (Aug 2021)
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Over 150 companies that belong to the Business for Voting Rights Group, including CEF members Amazon, Apple, Cisco, Facebook, Google, HP, Microsoft, PepsiCo, and Unilever, sent a letter to U.S. lawmakers urging them to reintroduce and pass the John Lewis Voting Rights Advancement Act, which would help prevent voting discrimination and establish an improved system for states to report changes to election law. (July 2021)
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Second Chance Business Coalition — A cross-sector coalition of 29 large US employers committed to expanding second chance hiring and advancement practices for people with criminal records. Co-chaired by JPMorgan Chase CEO Jamie Dimon and Eaton CEO Craig Arnold, members include Bank of America, Cisco, GM, JPMorgan & Chase, Mastercard, McDonald’s, Microsoft, P&G, PepsiCo, and Visa. (May 2021)

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Cisco's Foundation pledged $100 million over the next 10 years to fund nonprofit grants and impact investments supporting climate action. It will focus on technology-based solutions, GHG and carbon reduction, climate resilience, green jobs, and community education and activation. (April 2021)

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Hundreds of executives, nonprofits, and companies—including Amazon, Apple, Bank of America, BlackRock, Cisco, Dell Technologies, Facebook, Ford, General Motors, Google, JetBlue, Johnson & Johnson, Mastercard, and McKinsey & Co.—signed a public statement opposing “any discriminatory legislation.” The statement, titled “We Stand for Democracy,” was featured in advertisements in the New York Times and The Washington Post. (April 2021)

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Companies across the country—including Apple, BlackRock, Bank of America, Cisco, Facebook, JPMorgan Chase, Microsoft, and UPS—denounced the state of Georgia’s new law overhauling state election procedures over concerns it will restrict voter access and disproportionately disenfranchise people of color. Dozens of Black executives have called on companies to stand up for racial justice by fighting a wave of similar restrictive voting bills being advanced by Republicans in at least 43 states. (April 2021)

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Circular Electronic Partnership (CEP) A new initiative launched by 6 major organizations—GeSI, GEC, PACE, RBA, WBCSD, and WEF—to develop a circular economy for electronics, the fastest growing waste stream in the world, by 2030. CEP has published a roadmap that identifies 6 opportunity pathways to achieve circularity along the value chain, including (1) designing for circularity, (2) driving demand for circular products and services, (3) scaling responsible business models, (4) increasing official collection rates, (5) aggregating for reuse and recycling, and (6) scaling secondary material markets. Member companies include Cisco, Dell, Google, and Microsoft. (March 2021)

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Corporate Knights and As You Sow released the 2021 Carbon Clean200 list, which ranks the world’s publicly listed companies leading the way with solutions for the transition to a clean energy future. The top 10 included the following (February 2021):

  1. Alphabet (Google)
  2. Siemens
  3. TSMC
  4. SAP 
  5. Iberdrola         
  6. HP
  7. Cisco   
  8. Schneider Electric
  9. Tesla
  10. Unilever

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S&P Global released their 2021 Sustainability Yearbook, an annual assessment to distinguish the top-performing companies in corporate sustainability. The Yearbook covers a record 7,032 companies across 40 countries and 61 industries. CEF members Cisco, Hewlett Packard Enterprise, Unilever, and Waste Management earned the highest “Gold Class” status by achieving an S&P Global ESG Score within 1% of their industry's top-performing company's score. (February 2021)

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Corporate Knights released the 2021 Global 100 Index, which ranks the world’s most sustainable companies based on environmental and financial indicators. CEF members honored include Cisco, Google, Hewlett Packard Enterprise, HP, Trane Technologies, Siemens, and Unilever. (January 2021)

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The World Economic Forum launched Partnering for Racial Justice in Business Initiative, a new coalition to build more equitable and just workplaces. Three steps required to join the initiative include: 1) Racial and ethnic equity must be placed on the board’s agenda; 2) Companies must make at least one commitment towards racial and ethnic justice in their organizations; 3) Companies must put a long-term strategy in place towards becoming an anti-racist organization. Founding members include Bank of America, BlackRock, Bloomberg, Cisco Systems, Facebook, Google, HP, Johnson & Johnson, Kaiser Permanente, Mastercard, McKinsey & Company, Microsoft, PepsiCo, Procter & Gamble, Unilever, and UPS. (January 2021)
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2020

Cisco Systems committed $225 million in cash, in-kind, and planned giving to support the global response to COVID-19. (March 2020)

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Ranked #4 on Corporate Knights Global 100 Index, which ranks the world’s most sustainable companies based on environmental and financial indicators. (Feb 2010)


Included on CDP Climate Change A List,” which recognizes companies for demonstrating leadership on climate risk management in 2019.

2019

Ranked #2 on Newsweek's “America’s Most Responsible Companies 2020” list, which ranks 2000 public companies based on their environmental, social, and corporate governance performance. (December 2019)


Committed to reduce its foam packaging use by 75% by FY2025, compared to FY2019 baseline levels. The company also set a goal to ensure 70% of its manufacturing suppliers (by spend) achieve a zero waste diversion rate at one or more of their sites by FY2025. (August 2019)

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Ranked #10 on CR Magazine's 2019 list of the 100 Best Corporate Citizens, which ranks Russell 1000 companies based on environmental, social, and governance performance. (May 2019)


Recognized as one of 120 companies — out of more than 5,500 companies analyzed — on CDP’s Supplier Engagement leaderboard (“Global Supply Chain Report 2019”) for their work with suppliers to reduce emissions and lower environmental risks in the supply chain. (Feb 2019)

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Ranked #4 on Carbon Clean 200 list (As You Sow and Corporate Knights), which ranks large publicly listed companies according to total revenue generated from products and services that deliver carbon reductions. (Feb 2019) 

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