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What was the Purpose Report known as before 2021?
See the explanation below.
Before 2021, Cisco's Purpose Report was known as the CSR (Corporate Social Responsibility) Report. This report documented Cisco's initiatives and achievements in various areas of corporate responsibility, including environmental sustainability, social impact, and governance. The renaming to Purpose Report reflects a broader and more integrated approach to these efforts, emphasizing Cisco's commitment to creating positive impacts through its business operations and sustainability programs.
What is a greenhouse gas?
See the explanation below.
Greenhouse gases include a variety of gases that trap heat in the atmosphere, with fluorinated gases being one of them. These gases are synthetic and used in various industrial applications but have a high global warming potential. Cisco's Environmental Sustainability documents recognize the importance of managing and reducing emissions of all types of greenhouse gases to mitigate climate change.
How much money has the Cisco Foundation committed over a ten-year period to address the growing climate crisis?
See the explanation below.
The Cisco Foundation has committed $100 million over a ten-year period to address the growing climate crisis. This investment supports initiatives and projects aimed at reducing carbon emissions, promoting renewable energy, and advancing sustainability efforts. Cisco's Environmental Sustainability documents highlight this financial commitment as part of the company's broader strategy to combat climate change and promote a sustainable future.
How does Circular Consumption impact the enterprise-wide Circular Economy program?
See the explanation below.
Circular Consumption involves reducing consumption and using renewable sources across Cisco's value chain. This principle aims to minimize resource use and environmental impact while promoting sustainability. By focusing on renewable resources and efficient consumption, Cisco contributes to a more sustainable circular economy, aligning with global sustainability goals and reducing its overall environmental footprint.
What is net zero?
See the explanation below.
Net zero refers to the state where the amount of greenhouse gases emitted into the atmosphere is balanced by the amount removed from the atmosphere. This balance can be achieved through various means such as reducing emissions, enhancing natural carbon sinks, and employing carbon capture technologies. Cisco's Environmental Sustainability documents emphasize the importance of achieving net zero emissions to mitigate climate change and promote environmental health.
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