Energy and emissions goals In September 2021, Cisco committed to net zero greenhouse gas emissions by 2040, 10 years ahead of the time by which climate scientists say the planet must reach net zero to avoid the worst effects of climate change. Our net zero goal covers Cisco’s full carbon footprint, including the use of our products, our operations, and our supply chain. We plan to pursue approval for this goal from the Science-based Targets Initiative (SBTi) and will provide updates on our progress in future Purpose Reports. This bold commitment builds upon more than a decade of setting and achieving emissions reductions goals . Strategies to help Cisco achieve net zero include: ● Continuing to increase the energy efficiency of our products through innovative product design ● Accelerating use of renewable energy ● Embracing hybrid work ● Investing in carbon removal solutions ● Further embedding sustainability and circular economy principles across our business Our goal is supported by near-term targets, including to reach net zero for all global Scope 1 and Scope 2 emissions by 2025. We met our previous Scope 1 and 2 goal, to reduce emissions by 60 percent from fiscal 2007 levels by fiscal 2022, one year early. We also met our goal to use electricity generated from renewable sources for 85 percent of our global electricity demand by fiscal 2022 one year early. Our next ambition is to achieve net zero for global Scope 1 and 2 emissions. Our current goal to reduce supply chain-related Scope 3 emissions by 30 percent absolute by fiscal 2030 (compared to fiscal 2019) also builds upon a previous goal. In 2019, we met our goal to avoid 1 million metric tonnes of CO2e in our supply chain one year early. Other near-term targets will cover the company’s most relevant Scope 3 categories, such as the use of our products, and will be made public as they are finalized in fiscal 2022. Net zero emissions by 2040 New goal: FUTURE INTRO POWER INCLUSIVE 2021 Cisco Purpose Report | csr.cisco.com | ESG Reporting Hub 76
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