Cisco has joined The Climate Registry, a North American nonprofit organization that sets standards for calculating, verifying, and reporting greenhouse gas (GHG) emissions.
climate-registryOur membership in The Climate Registry provides Cisco with the opportunity to share best practices to help improve corporate GHG accounting and reduction practices throughout the world. The mission of TCR also aligns with our Corporate Social Responsibility (CSR) goals around GHG reduction and reporting.
Cisco have had goals in these areas since 2008, when they pledged to reduce our GHG emissions (Scope 1, 2 and business air travel scope 3, to be exact) worldwide by 25% by the end of 2012. (Check out this Greenhouse Gas Protocol infographic that explains Scope 1, 2, and 3 emissions).
Since meeting that goal, Cisco set several other aggressive goals for fiscal year 2017, such as reducing our GHG emissions by 40% and using electricity generated from renewable sources for at least 25% of our electricity every year. Measuring and reporting GHG emissions is a big part of setting and reaching these goals.
Cisco reports its GHG emissions publicly through many formats, including to the CDP as well as in our annual CSR Report. Cisco also have an independent third party review our GHG inventory to ensure that our data is correct. They review and report this data because they want to be as accurate and transparent as possible about the sustainability of their operations. Cisco has been recognized for its GHG reporting and commitment to reducing energy use by CDP and the U.S. Environmental Protection Agency (EPA).
Cisco believe there is great value in our new membership with The Climate Registry and look forward to working with them to help promote GHG registries and responsible management of emissions for several reasons.
First, Cisco have access to technical resources for GHG accounting and risk management, which will help them further develop their own initiatives around GHG reporting. Second, Cisco will be able to form closer ties with The Climate Registry and its partners, such as the EPA and the Center for Climate and Energy Solutions. Third, membership in a GHG registry organization gives them an opportunity to help improve global GHG accounting practices and further demonstrates their commitment to both reporting and reducing emissions.