SAN JOSE, CA -- (Marketwire) -- 12/07/09 -- Cisco (NASDAQ: CSCO)
- Today Cisco released its fifth annual Cisco®
Corporate Social Responsibility (CSR) Report.
2009 Corporate Social Responsibility Report shows how Cisco's CSR
activities align with its business strategy and support its long-term
- The report covers Cisco's corporate governance, environmental governance and practices, employee engagements, social investments, and charitable giving programs. This year it also includes
a new section on Cisco's customer value chain.
- Cisco's CSR commitments are focused primarily on strategic programs and
partnerships that support Cisco's corporate values, promote positive social
change to underserved communities, and take advantage of the core
competencies of its employees and business.
- This year's report places particular emphasis on enhancing its
readability and user experience in innovative ways. The report:
- Provides an interactive
overview of its global CSR activities to give a regional context for
its CSR performance.
- Incorporates videos that provide first-person perspectives on the
local benefits to communities.
- Explores ways in which social media (Web 2.0) might help improve the
dialogue between Cisco and its stakeholders.
Highlights / Key Facts:
- Networked Web 2.0 and collaborative technologies are transforming the
work environment, business operations, and delivery of corporate social
responsibilities at Cisco. Technological advancements offer tremendous
opportunities to make a positive change in how companies approach business,
economic and societal challenges.
- Cisco recognizes that the application of technology alone will not
result in a drop in emissions, and that technology has to be coupled with
changes in culture, management practices and business processes in order to
achieve its full potential. Cisco aims to reduce its business air travel
greenhouse-gas emissions worldwide by 10 percent absolute (against a FY2006
baseline) and to reduce all Scope 1, 2, and business air travel Scope 3 GHG
emissions worldwide by 25 percent absolute by CY2012 (CY2007
Smart Grid solutions are one example of how energy can be managed with
a high degree of security on electrical grids, from generation to
consumption, to make homes and buildings more productive and
- Cisco demonstrates commitment to giving by contributing $128.6 million corporate-wide as well as partnering
with governments, non-governmental organizations, and other companies to
maximize monetary investments 10-fold.
- Cisco closely works with partners to instill quality and reliability
in the value chain. By reducing carbon emissions, waste
production, and natural resource demand in FY09, Cisco's Global Value Chain
Management group realized more than $12 million in annual cost savings by
applying sustainable practices and manufacturing efficiencies.
- Education is a catalyst that produces the entrepreneurs,
technologists, thinkers, knowledge workers, teachers, and leaders who
collectively make it possible for economies and individuals to prosper. The
Academy® is the company's largest corporate social responsibility
(CSR) education program, offering 14 courses to more than 800,000 students
in FY09. To date, Cisco has invested more than $350 million in the
- Cisco uses several tools to gather employee feedback including the annual Pulse Survey, a confidential poll administered online to
employees globally. In 2009, 90 percent of employees agreed that Cisco is a
great place to work, up from 86 percent in 2008.
- In November 2008, Cisco launched the Cisco LifeConnections Center, an
integrated childcare, medical center, and fitness facility at its
headquarters in San Jose, California.
Tags / Keywords:
Cisco, environment, manufacturing efficiency, supply chain management,
public-private partnership, governance, CSR, corporate social
responsibility, citizenship, sustainability, green, education, employees,
- Explore the interactive
map to see Cisco's regional CSR initiatives worldwide
- Visit Justmeans to
engage in further conversation around Cisco's Corporate Social
Responsibility Report 2009
View videos from the 2009 CSR report:
Yoo, Cisco senior vice president, Corporate Affairs
"As a global corporate citizen, Cisco's support of multiyear collaborative
partnerships with government and nongovernmental organizations assists our
commitment to addressing real community needs while making a lasting impact
on the future. Our 2009 CSR report incorporates an infusion of ideas from
these groups as well as from our partners, employees, shareholders and
customers. We are delighted to share our approach, progress, and the work
still to be done as we continue on our CSR journey."
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About Cisco Systems
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms
how people connect, communicate and collaborate. Information about Cisco
can be found at http://www.cisco.com. For ongoing news, please go to
Cisco, the Cisco logo, Cisco Systems and Networking Academy are registered
trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in
the United States and certain other countries. All other trademarks
mentioned in this document are the property of their respective owners. The
use of the word partner does not imply a partnership relationship between
Cisco and any other company. This document is Cisco Public Information.
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