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Three years ago, Cisco announced its north star: a goal to reach netzero greenhouse gas (GHG) emissions across our value chain by 2040, and in 2022 that goal was approved by the Science-Based Targets initiative (SBTi). In 2023, we revealed The Plan for Possible , Cisco’s next generation environmental sustainability strategy.
But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zero carbon by 2030. The entire company (including transportation) will be net-zero carbon by 2040. It's been building out smartgrid tech and testing out a virtual power plant.
It’s needed for every sustainability effort – smartgrids, the transition to renewables, low carbon footprint logistics, and supply chains. These chips are everywhere, and our netzero success hinges on the chips that silently power our efforts. Then, ensure efficient voltage and current distribution.
We have a plan: It is possible to power the world with affordable clean energy , so we are helping to digitize smartgrids and smart buildings. As a part of this priority, we’ve also set a goal to reach NetZero across our value chain by 2040, which includes both our supplier and our customer use of energy.
The International Energy Agency’s (IEA) net-zero scenario calls for OECD countries to reduce coal’s share in power generation to 14% by 2030 , with a complete global phase-out of unabated coal by 2040.
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