Net 0 Tracker

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

Current Rankings

Global: #5

S&P100: #3

Information Technology: #3

83.3%

Transparency

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

76.2%

Commitments

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

83.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

	Y2021	Y2020	Y2019
Scope 1	26,694	38,743	41,181
Scope 2 - location-based	579,445	607,218	651,331
Scope 2 - market-based	147,801	163,645	187,428
Scope 1-2 - location-based	606,139	645,961	692,512
Scope 1-2 - market-based	174,495	202,388	228,609
Scope 3	22,944,709	24,623,622	26,570,997
Total - location-based	23,550,848	25,269,583	27,263,509
Total - market-based	23,013,464	24,715,093	26,760,552

Note: Data sources detailed here

	Y2022	Y2021
Total CO₂e estimate (by Net0Tracker)	1,771,403	23,013,464
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

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.

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

Offsets

Last update for Cisco Systems by zerotracker.net: Sept. 4, 2024

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

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

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

CDP: Data from CDP Climate Change Questionnaire - see Free SFDR data library
Yourstake: Data from YourStake.org - see Free SFDR data library
Wikirate: Data from Wikirate.org. Scope 1, Scope 2 and Scope 3 emissions metrics designed by Global Reporting Initiative and contributed by the Wikirate community, adaptation by the Net0Tracker team, licensed under CC BY 4.0. Wikirate-NV means non-verified data sourced in Wikirate. See explanation here