Intro Power Inclusive Future For All FY23 Purpose Report | 31 Looking Ahead Employee The power of participation community impact SINCE FY20: >80% Giving back is an important aspect of our culture. It’s a employee community impact participation way for our employees to bring Cisco’s purpose to life— every year, including advocacy, and it’s a sign of employee engagement. volunteering, donations, and more In 昀椀scal 2023, 85 percent of employees participated in community impact—the highest level yet. We measure impact by employees’ US$127 million actions, including advocating for causes they care about, environmental raised through employee donations sustainability actions, volunteering (virtual and in-person), donating, and matching gifts digital give-back experiences, and learning about nonpro昀椀ts through lunch-and-learns. We also launched a new Community Impact Portal and removed the monetary minimum to nominate a nonpro昀椀t for 2 million donation matching, lowering the barrier for employees to take action. As volunteer hours recorded a result, we raised more than US$27 million in 昀椀scal 2023 in employee donations and matching gifts to nonpro昀椀ts. 7100+ We completed a three-year study that examined Cisco employees’ global causes and U.S. schools supported participation in community impact alongside their performance, including their likeliness to remain at Cisco, get recognized, and get IN FY23: promoted. The results con昀椀rmed what we have long suspected: employees, leaders, and teams that engage in community impact 71,000+ outperform those who do not. Employees who take at least one community impact employees took action to give back This 昀椀nding aligns with countless anecdotal examples of employees who are empowered to champion causes they care about, engage action per year, compared US$27 million their teams to get involved, and gain valuable leadership skills to those who do not, have: that contribute to their professional development. This correlation in employee donations and matching gifts suggests that if Cisco can attract employees who are excited about ● Lower attrition our community impact mission, these employees will build upon our ● More promotions 702,000+ existing momentum—and go even further to bring our purpose to life. ● More recognition from peers employee volunteer hours
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