Cisco: Three Years of Progress on the Pathway to Net Zero
Cisco Systems Inc. has marked three years of progress towards its net zero greenhouse gas (GHG) emissions goal, set to be achieved across its value chain by 2040. The company's strategy, 'The Plan for Possible', focuses on accelerating the transition to clean energy. Key achievements include:
1. Increasing energy efficiency in buildings and transitioning to electric vehicles.
2. Joining the RE100 initiative for 100% renewable electricity sourcing.
3. Setting a goal for 80% of suppliers to have public GHG reduction targets by FY2025, with 92% already compliant as of FY23.
Cisco is exploring future opportunities in AI for sustainability, climate technology investments, and clean energy adoption. The company emphasizes the importance of collective effort from individuals, businesses, and governments in achieving net zero goals.
Cisco Systems Inc. ha celebrato tre anni di progressi verso il suo obiettivo di emissioni nette di gas serra (GHG) pari a zero, fissato per essere raggiunto lungo la sua catena del valore entro il 2040. La strategia dell'azienda, 'Il Piano per il Possibile', si concentra sull'accelerazione della transizione verso l'energia pulita. I risultati chiave includono:
1. Aumento dell'efficienza energetica negli edifici e transizione ai veicoli elettrici.
2. Adesione all'iniziativa RE100 per l'approvvigionamento del 100% di elettricità rinnovabile.
3. Fissazione di un obiettivo affinché l'80% dei fornitori abbia obiettivi pubblici di riduzione delle emissioni GHG entro l'anno fiscale 2025, con il 92% già conforme a partire dall'anno fiscale 2023.
Cisco sta esplorando opportunità future in AI per la sostenibilità, investimenti in tecnologie climatiche e adozione di energia pulita. L'azienda sottolinea l'importanza dell'impegno collettivo di individui, aziende e governi nel raggiungere gli obiettivi di emissioni nette a zero.
Cisco Systems Inc. ha marcado tres años de progreso hacia su objetivo de emisiones netas de gases de efecto invernadero (GEI) cero, que se espera alcanzar en toda su cadena de valor para 2040. La estrategia de la empresa, 'El Plan para lo Posible', se centra en acelerar la transición hacia la energía limpia. Los logros clave incluyen:
1. Aumento de la eficiencia energética en edificios y transición a vehículos eléctricos.
2. Unión a la iniciativa RE100 para el abastecimiento del 100% de electricidad renovable.
3. Establecimiento de un objetivo para que el 80% de los proveedores tenga objetivos públicos de reducción de GEI para el año fiscal 2025, con un 92% ya en cumplimiento a partir del año fiscal 2023.
Cisco está explorando oportunidades futuras en IA para la sostenibilidad, inversiones en tecnología climática y adopción de energía limpia. La empresa enfatiza la importancia del esfuerzo colectivo de individuos, empresas y gobiernos para lograr los objetivos de emisiones netas cero.
Cisco Systems Inc.는 2040년까지 가치 사슬 전반에서 이루어질 탄소 배출량 제로(넷 제로) 목표를 향한 3년 간의 진전을 기념했습니다. 회사의 전략인 '가능성을 위한 계획'은 청정 에너지로의 전환을 가속화하는 데 중점을 두고 있습니다. 주요 성과는 다음과 같습니다:
1. 건물의 에너지 효율성 향상 및 전기차 전환.
2. 100% 재생 가능 전력 조달을 위한 RE100 이니셔티브에 가입.
3. 2025 회계연도까지 80%의 공급업체가 공개 GHG 감축 목표를 갖도록 설정, FY23 기준으로 92%가 이미 이행 중.
Cisco는 지속 가능한 AI, 기후 기술 투자 및 청정 에너지 채택에 대한 미래의 기회를 탐색하고 있습니다. 회사는 넷 제로 목표를 달성하기 위해 개인, 기업, 정부의 공동 노력이 중요하다고 강조합니다.
Cisco Systems Inc. a célébré trois années de progrès vers son objectif d'émissions nettes de gaz à effet de serre (GES) à zéro, à atteindre d'ici 2040 dans toute sa chaîne de valeur. La stratégie de l'entreprise, 'Le Plan pour le Possible', met l'accent sur l'accélération de la transition vers une énergie propre. Les principales réalisations comprennent :
1. Amélioration de l'efficacité énergétique des bâtiments et transition vers les véhicules électriques.
2. Adhésion à l'initiative RE100 pour l'approvisionnement en électricité 100% renouvelable.
3. Fixation d'un objectif pour que 80% des fournisseurs aient des objectifs publics de réduction des GES d'ici l'exercice fiscal 2025, avec 92% déjà conformes à partir de l'exercice fiscal 2023.
Cisco explore des opportunités futures en matière d'IA pour la durabilité, d'investissements en technologies climatiques et d'adoption d'énergies renouvelables. L'entreprise souligne l'importance de l'effort collectif des individus, des entreprises et des gouvernements pour atteindre les objectifs de zéro émission nette.
Cisco Systems Inc. hat drei Jahre Fortschritt auf dem Weg zu seinem Ziel der netto null Treibhausgasemissionen (THG) gefeiert, das bis 2040 in der gesamten Wertschöpfungskette erreicht werden soll. Die Strategie des Unternehmens, 'Der Plan für das Mögliche', konzentriert sich darauf, den Übergang zu sauberer Energie zu beschleunigen. Zu den wichtigsten Erfolgen gehören:
1. Steigerung der Energieeffizienz in Gebäuden und Umstellung auf Elektrofahrzeuge.
2. Beitritt zur RE100-Initiative zur Beschaffung von 100% erneuerbarer Elektrizität.
3. Festlegung eines Ziels, dass bis zum Geschäftsjahr 2025 80% der Lieferanten öffentliche Ziele zur Reduzierung von THGs haben, wobei 92% bereits im Geschäftsjahr 2023 konform sind.
Cisco erkundet zukünftige Möglichkeiten im Bereich KI für Nachhaltigkeit, Investitionen in Klimatechnologie und die Einführung von sauberer Energie. Das Unternehmen betont die Bedeutung gemeinsamer Anstrengungen von Einzelpersonen, Unternehmen und Regierungen, um die Ziele der Netto-Null-Emissionen zu erreichen.
- Cisco set a goal to reach net zero GHG emissions across its value chain by 2040
- 92% of Cisco's suppliers have a public, absolute GHG reduction goal, surpassing the 80% target set for FY2025
- Joined RE100 initiative, committing to 100% renewable electricity sourcing
- Implementing energy efficiency measures and transitioning to electric vehicles in operations
- None.
NORTHAMPTON, MA / ACCESSWIRE / September 25, 2024 / Cisco Systems Inc.
By Kelsi Doran, Natalie Stubb
Climate change is both an urgent issue needing immediate action and a topic that requires long-term planning for positive transformation. Balancing these two horizons can be a challenge and key to making progress is defining a north star. Three years ago, Cisco announced its north star: a goal to reach net zero greenhouse gas (GHG) emissions across our value chain by 2040, and in 2022 that goal was approved by the Science-Based Targets initiative (SBTi). In 2023, we revealed The Plan for Possible, Cisco's next generation environmental sustainability strategy. Aligned with the work we will do to reach net zero, one of the key pillars in our strategy is accelerating the transition to clean energy.
As we celebrate our three-year anniversary, we want to highlight some of the progress we've made so far and look ahead to what solutions might be available to help us, and the planet, on our journey to net zero.
Our journey so far
In alignment with climate science, our net zero goal encompasses our value chain, which includes both our suppliers' and our customers' use of energy. Here are a few ways Cisco has been addressing this and actions you may consider to reduce your organization's footprint:
Direct operational emissions: We are increasing the energy efficiency of our buildings, with a focus on electrification, to reduce emissions from our operations. We have also been working to transition our vehicle fleet to electric vehicles (EVs).
Indirect operational emissions: Cisco joined the RE100 initiative, which brings together businesses committed to sourcing 100 percent renewable electricity. Beyond helping us address our own goals, joining RE100 supports our ambition to increase clean energy access and contributes to private sector demand for renewables.
Value chain emissions: We also set a goal that 80 percent of Cisco component, manufacturing, and logistics suppliers by spend will have a public, absolute GHG emissions reduction target by fiscal year (FY) 2025. As of FY23, 92 percent of these suppliers have a public, absolute GHG reduction goal.
Note: Direct operational emissions are Cisco's Scope 1 emissions; indirect operational emissions are Cisco's Scope 2 emissions; value chain emissions are Cisco's Scope 3 emissions, as defined by the Greenhouse Gas (GHG) Protocol. Learn more about how corporate GHG emissions are calculated in this blog.
What the future may bring
In our work to advance Cisco's net zero goal, we are encountering many new opportunities that could potentially help other companies, countries, and even individual cities reach their net zero goals as well. Here are a few notable examples:
Artificial Intelligence (AI) and sustainability: As AI adoption spreads across different sectors, it opens numerous opportunities for climate change mitigation and adaptation through predictive analytics, data analysis, and machine learning. For example, AI can help reduce energy and water use through real-time monitoring and control.
Climate technology investments: Climate technology aims to find innovative solutions to climate change, like smart grids that monitor and manage the distribution of electricity more efficiently, and devices that capture CO2 emissions. Climate investing has grown over the past few years, with more than 330 new sustainability, ESG (environmental, social, and governance), and impact funds launched from 2019 through 2022. Globally, annual clean energy technology investments are expected to exceed
$900 billion by 2030, helping to spur innovation.Accelerating the transition to clean energy: Clean energy adoption is on the rise. Wind and solar energy overtook fossil fuel power in the EU for the first time for the first six months of 2024, and the International Energy Agency (IEA) now projects that demand for certain fossil fuels will peak this decade even without any new climate policies. Increasing the use of renewables, improving energy efficiency, reducing methane emissions, and enhancing electrification can achieve over
80% of emissions reductions needed by 2030.
Working together toward net zero
Progressing toward net zero is a task that requires the collective effort of individuals, businesses, and governments. We are proud to be leading this important work for Cisco, and to be collaborating with partners, customers, suppliers and other stakeholders to turn the vision of a net zero future into reality.
Visit Cisco's ESG Reporting Hub to learn more about our environmental goals.
View original content here.
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SOURCE: Cisco Systems Inc.
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