NOW IS FRANK AT STUDENTS WHO IS
THE EVP AND CHIEF
PEOPLE OFFICER CHIEF PEOPLE
POLICY AND PURPOSE OFFICER I
MIGHT ADD OF CISCO FRIEND GREAT
TO HAVE YOU WITH US THIS
MORNING, WE'VE GOT TO KNOW WHAT
ARE THE STRATEGIES THAT YOU
HAVE IN PLACE TO REACH SOME OF
THESE AMBITIOUS GOALS.
>> SO FIRST OF ALL THANK YOU SO
MUCH FOR HAVING ME ON SUCH AN
IMPORTANT TOPIC I WOULD SAY
THAT WE ARE DOING THIS WITH
STRATEGIC URGENCY. AND WE KNOW
IT'S CRITICAL FOR US TO TAKE
STEPS IN LEE THEIR SPORT KEEP
THINGS THAT WE'RE DOING TO THE
FIRST HIS WORK CELL BREAKING
THE USE OF RENEWABLE ENERGY
ACROSS THE U.S. WE ALREADY USE
A 100% RENEWABLE ELECTRICITY
AND WE DO THIS ACROSS EUROPE AS
WELL WE'RE GOING TO CONTINUE TO
BUILD AROUND THE WORLD. THE
SECOND THING THAT WE'RE DOING
IS WE'RE EMBRACING
HYBRID WORK. WE EXPECT THE 20
TO 30% DECREASE IN EMPLOYEES
COMMUTING TO
THE OFFICE AND AS YOU KNOW THAT
WILL BE GREAT FROM THE 3
PERSPECTIVE, THE 3RD THING THAT
WE'RE DOING IS WE'RE INVESTING
IN INNOVATIVE TECHNOLOGY.
THAT FOCUSES ON CARBON CAPTURE
AND CARBON WHILE THERE ARE SO
MANY AMAZING STARTUPS AND
TECHNOLOGIES THAT I THINK
SHOULD INSPIRE ALL OF US WERE
USING THE 100 MILLION DOLLAR
GRANT FROM THE CISCO FOUNDATION
TO TAKE SOME
STEPS HERE AND THEN THE LAST
THING THAT WE'RE DOING IS WE'RE
DESIGNING OUR PRODUCTS IN A
DIFFERENT WAY AS YOU KNOW OUR
PRODUCTS REALLY POWER. THE
INTERNET AND WHAT WE HAVE SEEN
IS THAT THE LARGEST SHARE OF
GREENHOUSE GAS FOR US IS REALLY
GOING TO BE HOW ARE OUR
CUSTOMERS LEVERAGE OUR
TECHNOLOGY AND SO NEW PRODUCTS
LIKES THE LOOK ON ONE WHICH IS
A NEWER CHIP FOR CISCO THAT
BASICALLY INCREASES SPEED
FOR OUR CUSTOMERS ALSO REDUCES
THEIR POWER CONSUMPTION BY
26 TIMES AND IT'S MUCH SMALLER
SO THANK YOU REDUCE PACK
THE GENE AND SHIPPING AS WELL
AND SO THAT'S HOW WE PLAN TO
LEAD IN
THIS ERA.
>> CERTAINLY AND SO LET'S BREAK
THIS DOWN A LITTLE BIT FURTHER
HERE AND I WOULD COME BACK TO
SOMETHING THAT YOU MENTIONED A
MOMENT AGO IN THE MOVE TO
HYBRID WORK. YOU KNOW HOW THAT
HAVE CISCO ON THIS AFTER BEING
NET 0 AND PERHAPS WHERE
YOU EXPECT MUCH OF YOUR
PORTFOLIO CLIENT BASE TO ALSO
HAVE THIS MOVE TO HYBRID WORK
AND WHAT THAT COULD MEAN MORE
BROADLY IN TERMS OF THE IMPACT
THAT THAT COULD MAKE IT
IN THESE GOALS OF REACHING NET
0 ACROSS OTHER ORGANIZATIONS AS
WELL.
>> YEAH I THINK ALL
COMPANIES RIGHT NOW WE'RE
TRYING TO UNDERSTAND HOW THEY
WANT
TO WORK. AS WE MOVE THROUGH
THIS RECOVERY BE AND HOPEFULLY
FIND OURSELVES IN A MUCH BETTER
PLACE AT SYSCO WHERE
THEY BELIEVE EMPOWERING OUR
PEOPLE TO MAKE THE WISEST
DECISIONS ABOUT WHEN THEY
COMMUTE WHEN THEY TRAVEL I
THINK COMPANIES AROUND THE
WORLD ARE GOING TO DO THIS WHEN
I TALK TO OUR CUSTOMERS WHAT
I'M HEARING IS THERE'S A MUCH
HIGHER THRESHOLD FOR WHEN
SOMEONE GET ON A PLANE. I THINK
THAT'S REALLY GOOD
AND THEN WHEN YOU INTERSECTED
WITH COLLABORATION TECHNOLOGY.
THAT IS NOW DOING MORE THAN
JUST CONNECTING AT SYSCO
SOMETHING THAT WE'RE PROUD OF
IS THAT OUR
COLLABORATION TECHNOLOGIES NOW
FOCUS ON BOTH INCLUSION AND
WELL BE AND I THINK THAT'S
SOMETHING THAT COMPANIES AROUND
THE GLOBE. ARE REALLY THINKING
THROUGH AT THIS MOMENT, HOW CAN
WE MAKE SURE
THAT COMPANIES.
>> FOLLOW THROUGH WITH THESE
PLANS THAT HAVE BEEN ANNOUNCED
AS WE'VE SEEN SO MANY
COMMITMENTS OVER THE PAST YEAR.
>> YOU KNOW I
THINK THAT'S GOING TO HAPPEN
AND THE REASON IS BECAUSE WHEN
YOU LOOK AROUND THE GLOBE.
COUNTRY
BY COUNTRY. YOU SEE THAT
REGULATIONS AND EXPECTATIONS
ARE INCREASING AND I THINK
COMPANIES THAT DON'T START TO
MOVE IN THIS DIRECTION WILL BE
LEFT BEHIND THE
OTHER THING AND I THINK ITS
CARROT AND STICK IS THAT AS
THE MOVE IN THIS AREA. I THINK
WE CAN SEE ALL OF US TREMENDOUS
BUSINESS OPPORTUNITY AND SO TO
ME. I THINK THAT'S GOING TO BE
AND SO I I THINK IT'S GOOD THAT
COMPANIES ARE COMING FORWARD
WITH COMMITMENTS AND I THINK
ALL OF US TOGETHER ARE GOING TO
FIGURE IT OUT AND
THE ONLY THING THAT I WOULD SAY
IS THIS IS SUCH A PRIME AREA
FOR COMPANIES TO COME TOGETHER
TO SHARE TO LEARN FROM ONE
ANOTHER WILL ABSOLUTELY DO THAT
THE
CISCO PERSPECTIVE.
>> AND THEN ADDITIONALLY HERE
JUST LASTLY GOING FORWARD, YOU
KNOW WHEN YOU THINK ABOUT SOME
OF THESE COMMITMENTS
AND WHAT THE TIMETABLES LOOK
LIKE I MEAN 2030'S BEEN TOSSED
OUT THERE, 24 T
2050. YOU KNOW WHAT HAPPENS
WHEN WE REACH THOSE DATES WILL
THESE COMMITMENTS TO
SUSTAINABILITY END OR DO YOU
BELIEVE THAT THEY WILL BE SO
BAKED
INTO COMPANIES CULTURE AND
THEIR OPERATIONS BY THAT POINT
THAT IT WILL BE INEVITABLE THAT
THEY WILL CONTINUE FORWARD.
>> IT'S SUCH A FASCINATING
QUESTION BECAUSE ONE OF THE
BELIEF THAT WE HAVE.
IS TO
ACHIEVE NET 0 PER SCOPE 3 YOU
HAVE TO CHANGE EVERYTHING THAT
WE DO AS A COMPANY.
AND SO THIS ISN'T
SOMETHING THAT YOU PAY FOR THIS
ISN'T SOMETHING WHERE YOU'RE
BUYING OFFSETS THIS IS
SOMETHING WHERE YOU
FUNDAMENTALLY CHANGE THE WAY IN
WHICH YOU WORK
AND SO FROM OUR PERSPECTIVE
WHAT THAT MEANS IS THAT THIS IS
GOING TO
BE LONG. AND YOU'LL START TO
SEE THAT THERE'S AN AMAZING
BENEFITS AS WE START TO LOOK AT
SMART BUILDINGS AND SMART
FACTORIES BUT I ALSO
I THINK AGAIN WILL MAKE THIS
ATTRACTIVE TO ALL BUSINESSES SO
NO I DON'T THINK WE'RE EVER
GOING TO STOP AND I THINK THE
COMPANY THAT ARE
MOST SUCCESSFUL. THE COMPANY
SAID INTEGRATED INTO EVERYTHING
THEY DO GIVEN THAT IT IS.
>> HYBRID, I DO HAVE TO ASK YOU
KNOW WITH THE TIME THAT WE DO
HAVE LEFT HERE ON THE
POLICY FRONT DIFFERENT
ORGANIZATIONS HAVE ROLLED OUT
DIFFERENT POLICIES BRINGING
THERE WERE FORCED BACK TO WORK
IN DOING SO SAFELY, YOU KNOW
WHAT DOES THAT LOOK LIKE IN
TERMS OF THE COMMUNICATIONS
ACCESS CODE GIVEN THAT THIS
WILL BE HYBRID
PART OF HOME BUT PARTIALLY
STILL IN OFFICE OR IN SOME TYPE
PHYSICAL CAPACITY WHERE PEOPLE
WILL BE IN CLOSE CONTACT WITH
ONE ANOTHER.
>> YEAH, WHATEVER TAKE GRAD IS
WE'RE USING THIS AS AN
OPPORTUNITY TO BE EVEN BETTER
WE'RE NOT MAKING IT A
CONVERSATION AROUND WHERE DO
YOU SIT SO FROM A
COMMUNICATIONS PERSPECTIVE AT
SYSCO WE'VE ASKED EVERY TEAM
WITHIN THE COMPANY TO
TALK ABOUT HOW THE TEAM IS AT
THEIR BEST HOW THEY WANT TO
WORK WHAT DO THEY NEED TO
ACHIEVE. WE'RE TAKING THIS AT
THE MOMENT IN 3 MONTHS TRUNKS,
SO THAT EACH TEAM CAN MAKE
COMMITMENTS ABOUT HOW THEY'RE
GOING WORK AND THEN THEY CAN
COURSE CORRECT IF ONE TEAM
FINDS THAT THEY'RE COMING IN 2
TIMES A WEEK AND MAYBE THEY
ONLY NEED TO COME IN ONE TIME
A WEEK. THEY CAN MAKE THAT
CHANGE BUT IT'S NOT SOMETHING
THAT WE'RE GOING TO TRY
TO ARCHITECT FROM WE TRUST OUR
TEAMS TO MAKE THE BEST
DECISIONS THEY CAN.
>> ALL RIGHT FRANK AND STUDENTS
WHO IS THE BP CHIEF PEOPLE
POLICY AND