October 21, 2022
Xerox Holdings Corporation published its 2022 Global Corporate Social Responsibility (CSR) report.
As part of the company’s goal to reach net zero emissions by 2040, Xerox implemented climate change awareness training for all employees worldwide to educate them on the company’s net zero goal and how they can personally contribute. The company also reduced energy consumption in its operations, which accounts for a majority of its GHG emissions, by 12.8% in 2021 compared to 2020.
“Xerox has long been devoted to its role as a responsible corporate citizen, doing its part to create a more sustainable future. This dedication goes beyond the company borders as our teams work to do what’s best for all people, the environment, and our society. Our colleagues lead by example, operating with integrity and fostering a culture that upholds the highest ethical standards, and their accomplishments this year lay the foundation for us to reach our net zero goal by 2040,” said Steven Bandrowczak, Chief Executive Officer at Xerox.
Additional highlights from the report include:
- Launching Xerox Volunteer Days in which more than 500 employees volunteered more than 7,000 hours in their local communities.
- Executing on the company’s robust Diversity, Inclusion, and Belonging roadmap, leading to an increase in the diversity and inclusivity of Xerox’s workforce.
- Integrating Environment, Social, and Governance metrics in the compensation criteria for senior management.
- Collaborating with the EPA on the development and roll out of ENERGY STAR criteria for remanufactured products and launching three new remanufactured models that certified to the new standards.
Xerox said it prepared the 2022 CSR report according to Global Reporting Initiative (GRI) standards and the United Nations Sustainable Development Goals (SDGs). In addition, Xerox continues to disclose its CSR metrics using the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) standards to ensure our stakeholders have full transparency into our CSR progress.
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