Cisco Releases 2008 Corporate Social Responsibility Report
December 02, 2008
Cisco, a committed developer of Internet Protocol (IP)-based networking technologies, recently announced its fourth annual Cisco Corporate Social Responsibility Report for 2008, which covers its CSR philosophy and progress on initiatives which are aimed at improving the health, welfare, and sustainability of its business and the communities.
The report is divided into four main sections covering Cisco and its employees, the environment, society and CSR governance.
"As a global corporate citizen, Cisco is dedicated to improving the sustainability of our business and the communities where we operate. To accomplish this goal, Cisco collaborates with a variety of public, private, and nongovernmental organization (NGO) partners in a broad range of social responsibility initiatives. Cisco's fourth annual CSR report incorporates data and feedback received from these groups as well as from our employees, shareholders and customers," said Tae Yoo, Cisco senior vice president, Corporate Affairs.
The 2008 report features an interactive Flash overview and embedded videos highlighting regional CSR initiatives around the globe. Here, Cisco, along with its customers and partners, is demonstrating on the transformation of networking technology and on how the world manages its environmental concerns.
The company says that Information technology, while a contributor of greenhouse gas emissions has a larger role to play in mitigating the impact of other sectors and at the same time enabling people and organizations reduce their environmental footprint.
Cisco's environmental programs is aimed at bringing new network technologies, develop environmentally-conscious product and supply chains, and sustainable company operations. The company is also aiming at reducing its absolute greenhouse gas emissions to 25 percent by 2012 as compared to its 2007 baseline emissions.
The current report states that the company is seeking new ways to cultivate inclusiveness, develop leadership abilities, nurture career growth and engage its employees in its strategies and objectives.
Cisco as a company along with its customers, partners, employees, and communities, has been working with organizational and global environmental goals that let the company to apply its information technology with minimal environmental impact.
Its TelePresence has more than 100 customers globally which is a great effort in helping to reduce air travel and GHG emissions. In FY 2009, the company’s Global Supply Chain Management realized more than $3 million in annual cost savings through manufacturing efficiency.
Cisco's investment model in society aims on education as a catalyst for social progress. Using public-private partnerships, the company is addressing global challenges.
Cisco seeks to build trust in its company, innovation in its business and benefits to the global community, through corporate governance, accountability and responsibility, responsible management and CSR governance, business resiliency and responsible risk management, supplier diversity, stakeholder engagement, and reporting frameworks.
Jai C.S. is a contributing editor for unified communications. To read more of Jai's articles, please visit his columnist page.
Edited by Jessica Kostek