Tech giant Cisco released its sixth annual Corporate Social Responsibility (CSR) report, which highlights the company’s progress in five key areas: employees, environment, governance and ethics, society and the value chain.
Cisco has one of the most comprehensive telecommuting strategies for its employees. The company employs more than 70,000 individuals around the world, and 95 percent of these employees telecommute or use flextime periodically. Of these 70,000 employees, almost 20,000 are able to telecommute at least one day per week with many working primarily from home-based offices.
The company is also reducing air travel by its employees thanks to Cisco’s TelePresence technology. The high-tech video conferencing solution is installed in offices in 200 cities in 60 countries around the world. The company’s air travel is further reduced thanks to the WebEx desktop conferencing product. According to the report, more than 19.3 million people hours of virtual meetings were held thanks to Cisco conferencing technology.
The telecommuting as well as video and desktop conferencing solutions are helping Cisco reduce its carbon footprint. The company’s total contractual greenhouse gas emissions were 393,003 metric tons in 2010, a 12 percent reduction over the 2007 levels. The company is working towards a 25 percent reduction in fiscal year 2012.
To help meet this greenhouse gas emission goal, Cisco is also purchasing renewable electricity. In fiscal year 2010, the company sourced 27 percent of its global energy from renewable sources. In the United States, 29 percent of the total energy use was renewable while 65 percent of the European electricity use was provide by renewable energy sources.
Highlights from the society segment of Cisco’s 2010 CSR report include:
- 148,355 service hours volunteered by Cisco employees worldwide
- $138.7 million in corporate and foundation cash and in-kind awards to nonprofits
- More than 900,000 students benefiting from the Cisco Networking Academy educational offerings
- 83 schools, hospitals and clinics received networking equipment through the Connecting Sichuan Initiative
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