We are proud to be once again included on Barron’s second annual list of 100 Most Sustainable Companies, at #2. The rankings, produced by Calvert Research and Management, reflect performance in five categories: shareholders, employees, customers, planet, and community.
Of Cisco’s ranking, Barron’s highlighted:
- Cisco shares jumping 17% in 2018, and beating expectations every quarter.
- Chuck’s comment, “I’ve been really focused on more of the social issues” recently, referencing Cisco’s commitment in March of US$50 million to fight homelessness in Silicon Valley.
- Cisco’s plans to reduce greenhouse-gas emissions by 60% by FY22, compared to FY07 levels.
- The Cisco Networking Academy program, which has provided 9.2 million students with the skills to work and thrive in the digital economy since 1997.
Since January, this is the third major recognition Cisco has received for our ongoing commitment to sustainability. Last month, we made the CDP “A-List” and the Top 20 of Corporate Knights’ list of the 100 most sustainable corporations in the world.
Although we use certain rankings to track our progress, our commitment to sustainability is much more than rankings. As our world grows more interconnected, we face challenges that no one community, city, or country can solve alone. Businesses like Cisco feel a responsibility to support access to opportunity and possibilities.
At our core, we have always been about solving problems, connecting people, and making the impossible possible. Our recognition by Barron’s and others reflects this commitment to making a positive impact on people, society and the planet.
Read the full article by Leslie P. Norton at Barrons.com (subscription required).
Learn more about our commitment to accelerating global problem solving in our annual Corporate Social Responsibility Report.
To create the rankings, Calvert analyzed the 1,000 largest publicly held U.S. companies, by stock market value, and scored them on more than 200 key indicators and 28 issues. Calvert sorted the data into the five categories of shareholders, employees, customers, planet, and community. Each corporation received a rating from zero to 100 in each category. Calvert produced a single rating for all of the companies, weighted according to how material each category is for their industry. For example, emissions are less critical for a bank’s score than they are for a trucking company’s. Companies that didn’t meet the Calvert Principles for Responsible Investment were excluded.
You said, "The Cisco Networking Academy program, which has provided 9.2 million students with the skills to work and thrive in the digital economy since 1997" – it's one more example of where Cisco has been a trailblazer in the tech sector. Thanks for the reminder.
Glad to see Cisco making headway in sustainability. Great recognition to all the current CSR efforts at Cisco and what an amazing way to depict our culture to the world. We are the bridge to possible!