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Xerox Holdings Corporation has published its 2022 Global Corporate Social Responsibility (CSR) Report outlining progress, data and goals tied to the company’s ongoing societal, governance and environmental impact work.
‘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 is 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.
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. It also reduced energy consumption in its operations, which accounts for a majority of its GHG emissions, by 12.8% in 2021 compared to 2020.
Additional highlights from the report include:
Launching Xerox Volunteer Days in which more than 500 employees volunteered more than 7000 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.
The initiatives included in the 2022 Global CSR Report align with the company’s legacy of innovation by leveraging emerging technology to solve real world challenges. Xerox leveraged CareAR to differentiate its service experience, avoiding more than 269,000 metric tonne of Co2 by reducing client site visits by more than 21,000 in just one year thanks to CareAR’s remote support capabilities. The company also received a grant from the Department of Energy’s building technology office to advance its efforts in the Cleantech space to reduce humankind’s negative environmental impact.
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