Cisco Systems

Computer Hardware / Software
CSCO
$ 41 (14)%
Share price
$ 172 bn
Market Cap
$ 190 bn
Enterprise Value

Carbon footprint

0.94 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2021
How is this calculated?
-12%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-25%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Cisco Systems aims to achieve net zero for Scope 1 + 2 by 2025


This target has not been verified as science based according to SBTi
Cisco Systems's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-5.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

Cisco Systems aims to achieve net zero for all Scopes by 2040


This target has not been verified as science based according to SBTi
Cisco Systems's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Cisco Systems's GHG emissions (market-based) (Kt of CO2e)
Cisco Systems's Carbon intensity (Tons per 1 USDm)

Cisco Systems's carbon footprint

Cisco Systems reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 179 Kt (-24 /-12% y-o-y). Also positively, carbon intensity was down at 3.6 t (-0.5 /-12.2% y-o-y).

Cisco Systems's Scope 3 emissions plunged to 17,756 Kt (-6,748 /-27.5% y-o-y). This is a higher rate of decline than over the period since 2Q'19 (-13% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2025, which translates into the estimated reduction of -45 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2040, which translates into the estimated reduction of -944 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 30% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Cisco Systems also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Cisco commits to reduce absolute Scope 1 and 2 GHG emissions 60% by FY2022 from a FY2007 base-year. Cisco also commits to Improve system power efficiency—as measured from the input from the facility to the board-mounted ASICs, memory and other chip devices—from 77 to 87% by FY2022 for large, rack-mounted equipment. This efficiency target will result in 13% absolute reductions in GHG emissions from network and facilities equipment operations by FY2022 from a FY2016 base-year.

Company environmental metrics

Show more...