Cisco commits $100 million to fight climate change
Cisco is the latest tech giant to announce a big environmental push. The networking company said today that its foundation will invest $100 million over the next decade to fund projects that reduce carbon emissions as well as community awareness efforts.
The big picture: Microsoft, Apple, Google and Amazon have also made large environment-related investments. Despite these investments, the tech sector remains under pressure from activists to do more, as well as to cease work with fossil fuel companies.
- Most experts believe more aggressive global efforts are needed to avoid some of the greatest climate dangers.
Meanwhile, Cisco says that it is already using 100% renewable energy in several countries around the world and "is on track" to reach its goal of getting at least 85% of its global electricity from renewable sources by next year, among other targets.
- "We know that in order for us to live up to our purpose — to power an inclusive future for all — we must combat the rising inequality that stems from climate change," Cisco chief people, policy and purpose officer Fran Katsoudas said in a statement.