Cisco Systems

"Cisco Systems, a company based in the USA, has committed to achieving net zero greenhouse gas emissions by 2040. Net Zero Tracker
This target covers the company's full carbon footprint, including the use of its products, operations, and supply chain. Net Zero Tracker
An interesting fact about Cisco Systems' environmental policy is that the Vice President of Corporate Affairs is formally accountable for efforts to reduce GHG emissions. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for the relevant actors:"

Current Score (vs. LY)

80.5 pts (20.3)

Last Update: Dec. 12, 2023

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 26,69438,74341,181
Scope 2 - location-based 579,445607,218651,331
Scope 2 - market-based 147,801163,645187,428
Scope 1-2 - location-based 606,139645,961692,512
Scope 1-2 - market-based 174,495 202,388 228,609
Scope 3 22,944,70924,623,62226,570,997
Total - location-based 23,550,84825,269,58327,263,509
Total - market-based 23,013,464 24,715,093 26,760,552

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 1,771,40323,013,464
Methodology Pre-calculated sector intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Cisco Systems belongs to the sector Information Technology.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 60.0 2007 2022
S3 30.0 2019 2030 Note that all the scope 3 emissions categories are not fully covered
S1S2S3MKT 90.0 2019 2040


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2MKT NO 2025
S1S2S3MKT FULL 2040


Science-based Targets (SBTI)

Date Published / Updated :01/07/2022

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 Targets Set : 1.5°C by FY2040 Yes by FY2040
Cisco Systems is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target
Cisco commits to reach net-zero greenhouse gas emissions across the value chain by FY2040 from a FY2019 base year.
Near-Term Targets
Cisco commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030 from a FY2019 base year. Cisco commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and use of sold products 30% by FY2030 from a FY2019 base year.
Long-Term Targets Cisco commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by FY2040 from a FY2019 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Cisco Systems by zerotracker.net: Aug. 12, 2022
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 0.0
Transparency 25.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 4.0
5 Net Zero targets demonstrate a high-level of emergency 5.833333333333334 10.0 1.7
6 Emission reduction targets on a forward-looking basis are ambitious 4.651146549872306 10.0 4.7
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 30.48447988320564 40.0 10.3
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 10.0 10.0 10.0
10 Implied Temperature Rating by MSCi 10.0 10.0 0.0
Results 25.0 30.0 10.0
Total 80.5 100.0 20.3


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0 2.5
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 10.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2022 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 0.0 4.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2025 4.2 / 5.0 4.2 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2040 1.7 / 5.0 0.0 1.7 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? -3.3
0.0 / 5.0 0.0 0.0 5.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? 4.7
4.7 / 5.0 0.0 4.7 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 10.0 0.0 7.5
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 56.0
Actual (in %): 61.3
5.0 / 5.0 5.0 0.0 5.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
Forward-looking reduction could not be calculated
0.0 / 5.0 0.0 0.0 5.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %): 8.6
Actual (in %): 14.0
5.0 / 5.0 0.0 5.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 4.7
Actual (in %): 6.9
5.0 / 5.0 0.0 5.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 10.0 0.0 10.0
Total 80.5 / 100.0 60.2 20.3 59.5


Available Data Sources

Reporting Year 2021 2021 2021 2021 2020 2020 2020 2020 2019 2019 2019 2019 2018 2018
Source NZPDU Public Yourstake Wikirate (NV) NZPDU Public Public CDP CDP Public Public NZPDU Public NZPDU
Publication Year 2022 2022 unknown 2022 2021 2022 2021 2021 2020 2022 2021 2020 2021 2019
Scope 1 26,694 26,694 26,694 23,000,000 38,743 38,743 39,223 39,223 41,181 NA 41,181 46,652 41,171 41,171
Scope 2 - location-based 579,445 579,445 579,445 NA 607,218 607,218 607,969 607,969 651,331 NA 651,331 651,331 666,708 666,708
Scope 2 - market-based 147,801 147,801 147,801 NA 163,645 163,645 163,636 163,636 187,428 NA 187,428 187,428 205,141 205,141
Scope 1-2 - location-based 606,139 606,139 606,139 23,000,000 645,961 645,961 647,192 647,192 692,512 0 692,512 697,983 707,879 707,879
Scope 1-2 - market-based 174,495 174,495 174,495 NA 202,388 202,388 202,859 202,859 228,609 NA 228,609 234,080 246,312 246,312
Scope 3 22,944,709 22,944,709 22,944,709 0 24,623,622 24,623,622 24,867,512 24,985,893 26,570,997 27,234,471 0 27,234,471 0 39,520,558
Total - location-based 23,550,848 23,550,848 23,550,848 23,000,000 25,269,583 25,269,583 25,514,704 25,633,085 27,263,509 27,234,471 692,512 27,932,454 707,879 40,228,437
Total - market-based 23,013,464 23,119,204 23,119,204 NA 24,715,093 24,826,010 25,070,371 25,152,274 26,760,552 NA 228,609 27,348,288 246,312 39,726,868

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email