Motorola Solutions Publishes 2023 Corporate Responsibility Report

Rhea-AI Summary

Motorola Solutions (NYSE: MSI) has published its 2023 Corporate Responsibility Report, showcasing its dedication to environmental, social, and governance (ESG) initiatives. Key highlights include a $858 million investment in R&D, enhancing their portfolio of 6,560 patents with 775 pending. The company advanced AI technologies to improve emergency response and secured recognition from various esteemed organizations. Record employee volunteerism of nearly 100,000 hours and $10.3 million in grants were directed towards underserved communities. Motorola Solutions also launched the GO ALL Inclusive initiative and expanded its diverse supplier base by over 700, supporting 3,500 supplier jobs. The report emphasizes continual efforts to reduce greenhouse gas emissions and foster sustainability.

Positive

• Invested $858 million in R&D to develop next-gen technologies.
• Expanded intellectual property portfolio to 6,560 patents with 775 pending.
• Advanced AI capabilities for improved emergency response.
• Received numerous workplace recognitions, including Forbes World’s Best Employers and Fast Company Best Workplaces for Innovators.
• Achieved record employee volunteerism with nearly 100,000 hours, a 30% increase from 2022.
• Donated $10.3 million in strategic grants benefiting underserved communities.
• Launched GO ALL Inclusive initiative to promote diversity.
• Expanded inclusive supply chain by adding over 700 diverse suppliers, creating or maintaining 3,500 jobs.
• Enhanced efforts to reduce greenhouse gas emissions.

Negative

• None.

Highlights commitment to making a positive impact for customers and communities around the world

CHICAGO--(BUSINESS WIRE)-- Motorola Solutions (NYSE: MSI) today released its annual Corporate Responsibility Report, highlighting the company’s environmental, social and governance programs and performance in 2023. The report underscores the company’s continued commitment to solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere.

“As a company, Motorola Solutions has long been committed to operating responsibly,” said Greg Brown, chairman and CEO of Motorola Solutions. “From building and connecting leading-edge technologies that help advance safety and security, to eclipsing company volunteerism records, we’re united in our pursuit of making a meaningful difference in the communities where we live and work.”

The 2023 Corporate Responsibility Report can be found here and includes the following highlights:

• Investing $858 million in research and development, delivering next-generation technologies and expanding our offerings in high-value areas with our portfolio of intellectual property, which stands at approximately 6,560 granted patents with approximately 775 patents pending.
• Advancing specialized artificial intelligence capabilities that heighten decision-making and help increase the focus, accuracy and speed of emergency response, while working alongside communities, policymakers and public safety organizations to help ensure the responsible use of these technologies.
• Receiving recognition as a top workplace, including being named to Disability Equality Index^® Best Places to Work; Fast Company Best Workplaces for Innovators; Forbes World’s Best Employers; Fortune World’s Most Admired Companies; and TIME World’s Best Companies.
• Giving back to communities with employees volunteering nearly 100,000 hours, an increase of 30% from 2022 and a company record, in addition to the majority of the Motorola Solutions Foundation’s $10.3 million in strategic grants directly benefiting underserved and underrepresented communities, as well as first responders, students and teachers.
• Growing a more diverse organization, underscored by our newly launched initiative, GO ALL Inclusive, aimed at celebrating and promoting our inclusive core value.
• Providing economic opportunities to small and minority-owned business suppliers and further expanding our inclusive supply chain by adding more than 700 diverse suppliers and helping to create or maintain 3,500 supplier jobs.
• Implementing enhanced data collection and reporting tools to continuously seek out opportunities to reduce greenhouse gas emissions and establishing a “Green Team” to promote volunteerism and education to foster a more sustainable organization.

For more information on corporate responsibility at Motorola Solutions, please visit our website.

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240628559739/en/

Matt Schuler

Motorola Solutions

+1-312-909-5234

matt.schuler@motorolasolutions.com

Source: Motorola Solutions

FAQ

What is the significance of Motorola Solutions' 2023 Corporate Responsibility Report?

Motorola Solutions' 2023 Corporate Responsibility Report highlights their ESG initiatives, including a $858 million investment in R&D, advancements in AI for emergency response, and enhanced sustainability efforts.

How much did Motorola Solutions invest in research and development in 2023?

In 2023, Motorola Solutions invested $858 million in research and development to advance next-generation technologies.

What are some recognitions Motorola Solutions received in 2023?

Motorola Solutions received several recognitions in 2023, including being named to the Disability Equality Index Best Places to Work, Forbes World’s Best Employers, and Fast Company Best Workplaces for Innovators.

How is Motorola Solutions contributing to community service in 2023?

In 2023, Motorola Solutions employees volunteered nearly 100,000 hours, and the company provided $10.3 million in strategic grants to underserved communities.

What is the GO ALL Inclusive initiative by Motorola Solutions?

The GO ALL Inclusive initiative by Motorola Solutions aims to celebrate and promote their core value of inclusivity, fostering a diverse and inclusive workplace.

How has Motorola Solutions expanded its supply chain in 2023?

In 2023, Motorola Solutions added over 700 diverse suppliers to its inclusive supply chain, helping to create or maintain 3,500 supplier jobs.

What are Motorola Solutions' efforts towards sustainability in 2023?

Motorola Solutions has implemented enhanced data collection and reporting tools to reduce greenhouse gas emissions and established a 'Green Team' to promote sustainability.