Cisco is committed to a long-term strategy of social investments in communities around the world. In particular, we use Cisco's human and technological expertise to drive educational reforms and build a foundation for not only economic development, but also the social advancement of underserved communities around the world. As with any investment, we are focused on the returns: the ultimate impact our technology has on the world.
Technology can increase productivity and the standard of living for communities. Indeed, according to the Bureau of Economic Analysis and the Bureau of Labor Statistics:
- When productivity of a country increases one percent per year, the standard of living doubles every 70 years
- With a three percent productivity gain, the standard of living doubles every generation
- With a five percent gain, the standard of living doubles every 14 years
Social Investment Strategy
Economic development is essential in meeting important social goals: reducing poverty, improving quality of life, and enhancing health. Thus, Cisco invests in programs and partnerships that enhance education and increase productivity globally.
Regardless of the size of the investment, Cisco partners strategically with local teams, business leaders, international organizations, governments, and grassroots and nonprofit organizations to ensure lasting impact in recipient communities. Cisco invests in sustainable development initiatives that go beyond basic philanthropic giving. We strive to provide both direct grants and indirect support that enable change to continue even after our initial contribution ends.
Cisco encourages employees' involvement in their local communities to help solve problems that are personally relevant to them or to address broad issues that Cisco supports. Employees serve as individual volunteers and as leaders of programs and projects. Nonprofit organizations can communicate volunteer needs and activities to staff, which can engage employees who have not previously volunteered.
We are also committed to crisis relief, helping people in disaster or similar situations to regain normalcy in their lives.
Cisco Financial Contributions
