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Cisco’s Vision for an Inclusive Future

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Cisco Systems announces the creation of a new Social Impact and Inclusion Office, merging its Diversity, Equity, and Inclusion (DEI) and Social Impact teams. This restructuring aims to simplify operations and enhance innovation in addressing social challenges. The company reports significant achievements, including surpassing its ten-year goal to positively impact one billion lives and achieving over 86% employee participation in giving back initiatives in FY24, with 700,000+ volunteer hours and $30M+ in employee donations and matching gifts. The new office will focus on Digital Inclusion, Economic Empowerment, DEI, Social Justice, and Critical Human Needs.

Cisco Systems annuncia la creazione di un nuovo Ufficio per l'Impatto Sociale e l'Inclusione, unificando i suoi team di Diversità, Equità e Inclusione (DEI) e Impatto Sociale. Questa ristrutturazione mira a semplificare le operazioni e a migliorare l'innovazione nell'affrontare le sfide sociali. L'azienda riporta risultati significativi, tra cui il superamento dell'obiettivo decennale di avere un impatto positivo su un miliardo di vite e oltre l'86% di partecipazione dei dipendenti nelle iniziative di restituzione in FY24, con oltre 700.000 ore di volontariato e più di 30 milioni di dollari in donazioni e contributi dei dipendenti. Il nuovo ufficio si concentrerà su Inclusione Digitale, Empowerment Economico, DEI, Giustizia Sociale e Necessità Umane Critiche.

Cisco Systems anuncia la creación de una nueva Oficina de Impacto Social e Inclusión, fusionando sus equipos de Diversidad, Equidad e Inclusión (DEI) y de Impacto Social. Esta reestructura tiene como objetivo simplificar las operaciones y mejorar la innovación para abordar los desafíos sociales. La empresa informa logros significativos, incluyendo el haber superado su meta de diez años de impactar positivamente a mil millones de vidas y alcanzando más del 86% de participación de los empleados en iniciativas de retribución en el FY24, con más de 700,000 horas de voluntariado y más de 30 millones de dólares en donaciones y regalos de igualación de empleados. La nueva oficina se centrará en Inclusión Digital, Empoderamiento Económico, DEI, Justicia Social y Necesidades Humanas Críticas.

시스코 시스템즈사회적 임팩트 및 포함 사무소를 새롭게 설립했다고 발표했습니다. 이 사무소는 포괄성과 형평성(Diversity, Equity, and Inclusion, DEI) 및 사회적 임팩트 팀을 통합한 것입니다. 이 구조 조정은 운영 간소화와 사회적 문제 해결을 위한 혁신 강화를 목표로 합니다. 회사는 십 년 목표인 10억 개의 삶에 긍정적인 영향을 미치는 것을 초과 달성했으며, FY24에서는 직원들이 86% 이상 자원 봉사 이니셔티브에 참여하고, 700,000시간 이상의 자원 봉사와 3천만 달러 이상의 기부와 기부 매칭을 기록했습니다. 새로운 사무소는 디지털 포용성, 경제적 권한 부여, DEI, 사회 정의 및 중요한 인도적 필요에 중점을 둘 것입니다.

Cisco Systems annonce la création d'un nouveau Bureau d'Impact Social et d'Inclusion, fusionnant ses équipes de Diversité, d'Équité et d'Inclusion (DEI) et d'Impact Social. Cette restructuration vise à simplifier les opérations et à renforcer l'innovation pour relever les défis sociaux. L'entreprise rapporte des réalisations significatives, notamment le dépassement de son objectif décennal d'impacter positivement un milliard de vies et une participation de plus de 86 % des employés dans des initiatives de retour en FY24, avec plus de 700 000 heures de bénévolat et plus de 30 millions de dollars en dons et contre-dons des employés. Le nouveau bureau se concentrera sur l'Inclusion Numérique, l'Émpowerment Économique, le DEI, la Justice Sociale et les Besoins Humains Critiques.

Cisco Systems kündigt die Gründung eines neuen Büros für sozialen Einfluss und Integration an, das die Teams für Vielfalt, Chancengleichheit und Integration (DEI) sowie sozialen Einfluss zusammenführt. Diese Umstrukturierung zielt darauf ab, die Abläufe zu vereinfachen und die Innovation zur Bewältigung sozialer Herausforderungen zu fördern. Das Unternehmen berichtet von bedeutenden Erfolgen, darunter das Übertreffen seines zehnjährigen Ziels, eine Milliarde Menschen positiv zu beeinflussen, und einer Mitarbeiterbeteiligung von über 86% an Rückgabeinitiativen im Geschäftsjahr 24, mit über 700.000 Stunden Freiwilligendienst und mehr als 30 Millionen Dollar in Mitarbeiter-Spenden und -Gegenleistungen. Das neue Büro wird sich auf digitale Inklusion, wirtschaftliche Ermächtigung, DEI, soziale Gerechtigkeit und kritische menschliche Bedürfnisse konzentrieren.

Positive
  • High employee engagement with 86% (70,000+) participating in giving back initiatives
  • Achieved $30M+ in employee donations and matching gifts in FY24
  • Recorded 700,000+ employee volunteer hours
  • Successfully surpassed ten-year goal of impacting one billion lives
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / October 31, 2024 / Cisco Systems Inc.

By Brian Tippens

Nearly forty years ago, Cisco set out to connect the world with our technology and to deliver innovation - and unique value - to our customers, employees, partners and communities at large. To build a business that's great to work with - and great to work for - committed to the greater good and making the world a better place.

In 2020, these deeply held commitments gave rise to Cisco's Purpose to Power an Inclusive Future for All.

Cisco's Purpose - and the way it's operationalized to leverage our unique strengths and drive social impact that's lasting and real - is what drew me to the company. I joined Cisco in late 2022 to lead the first Social Impact Office in exploring new approaches to innovation and expanding Cisco's capabilities to build tech-enabled solutions for the critical challenges facing our people, planet, and society.

In exploring new approaches, Cisco is ushering in a new era of impact - setting inspired, ambitious goals and challenging ourselves to develop solutions with the power to change billions of lives.

Two years into our exploration, what we know is this:

Focus and simplicity are essential to driving new levels of innovation.

Focus and simplicity: redefining the scope of Social Impact

To fuel our ability to innovate, we're simplifying our organization by bringing together the Diversity, Equity, and Inclusion (DEI) and Social Impact teams as one - as a new Social Impact and Inclusion Office.

Together, we're focusing on what matters most - driving positive change by addressing our biggest challenges inside our organization, across our ecosystem, and around the world. We'll eliminate redundant structures, complexity, and distinctions between internal and external impact. And we'll build on what we all do best - creating opportunities where everyone can thrive.

Our work has never been more important - or more relevant - to fulfilling Cisco's Purpose.

Creating an expanded portfolio of solutions will better leverage our natural synergies and give rise to new insights, ideas, strategies, and operational excellence.

The best path forward is usually the simplest, but rarely the easiest.

A new era of impact: Cisco's Social Impact and Inclusion Office

The new Social Impact and Inclusion Office will innovate, accelerate, and drive exponential impact through an expanded portfolio of solutions, including Digital Inclusion, Economic Empowerment, DEI, Social Justice, and Critical Human Needs.

We're deepening our work to strengthen our inclusive culture where everyone can thrive, break down barriers to address systemic inequities, transform communities through skills development and opportunities, revolutionize digital inclusion, and mobilize in times of crisis to provide for essential human needs.

Our employees and our extensive ecosystem of partners, suppliers, and customers will continue to expand the ways they can engage and contribute their unique strengths through volunteering and donating resources and expertise.

The nearly 28,000 members of Cisco's 31 Inclusive Communities will continue to play a vital role in our progress as allies and agents of change, contributing valuable insights from multiple cultures and perspectives.

And we'll build on our momentum from the past few incredible years - surpassing our ten-year goal to positively impact One Billion Lives and setting a record-breaking new trend in engaging more than 80% of our employees to give back to the communities and causes that matter most to them. Over 70,000 - that's nearly 86% - of our employees took action to give back in FY24 - with 700,000+ employee volunteer hours and $30M+ in employee donations and matching gifts.

The path forward

Perhaps the most compelling - and challenging - words within our Purpose statement are the last two: for all.

For Cisco, our employees, the new Social Impact and Inclusion Office, and the global nonprofits, educational institutions, governments and organizations we partner with to create opportunities for everyone to thrive, for all is a vision - a focus - and a deep commitment we share.

My team is already hard at work charting a simple, powerful path forward together. For all. We look forward to sharing our progress and the new possibilities we discover along the way.

View original content here.

View additional multimedia and more ESG storytelling from Cisco Systems Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Cisco Systems Inc.
Website: https://www.3blmedia.com/profiles/cisco-systems-inc
Email: info@3blmedia.com

SOURCE: Cisco Systems Inc.



View the original press release on accesswire.com

FAQ

What is Cisco's new Social Impact and Inclusion Office focusing on in 2024?

Cisco's (CSCO) new Social Impact and Inclusion Office focuses on Digital Inclusion, Economic Empowerment, DEI, Social Justice, and Critical Human Needs, merging the previous DEI and Social Impact teams to enhance operational efficiency.

How many Cisco employees participated in giving back initiatives in FY24?

In FY24, over 70,000 Cisco (CSCO) employees, representing nearly 86% of the workforce, participated in giving back initiatives through volunteering and donations.

How many volunteer hours did Cisco employees contribute in FY24?

Cisco (CSCO) employees contributed over 700,000 volunteer hours in FY24, along with more than $30M in employee donations and matching gifts.

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