Sustainability Magazine July 2023 | Page 120

TOP 10 10

Cisco Systems Inc

CEO : Chuck Robbins ESG report �
Cisco Systems Inc ., commonly known as Cisco , has pledged its intentions to achieve net-zero emissions across all categories by 2040 . Additionally , the tech giant established an interim objective to attain net-zero emissions for global Scope 1 and Scope 2 emissions by 2025 .
In its Purpose report , Cisco emphasised several accomplishments related to ESG initiatives . Notably , the company has made substantial contributions – amounting to US $ 477m – for community programmes .

09

Verizon

CEO : Hans Vestberg ESG report �
As one of the largest telecom providers in the US , Verizon has emerged as a leading company at the forefront of ESG initiatives . The company has announced its commitment to generating renewable energy equivalent to 50 % of its annual electricity consumption by 2025 , while taking significant steps to address e-waste .
Verizon ’ s ESG strategy is built upon four pillars : governance , integration , engagement , and reporting . These pillars work together in a dynamic manner , providing a foundation for informed decisionmaking , genuine engagement , transparent communication and effective governance .
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