Cisco Systems, Inc. is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
Cisco Systems, Inc. is an American multinational technology conglomerate. The company specializes in developing and manufacturing networking hardware, software, telecommunications equipment, and other high-technology services and products such as domain security, videoconferencing, and energy management, with leading products including Webex, OpenDNS, Jabber, Duo Security, and Jasper.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
The modern technology sector includes companies providing free services that users find valuable. Cisco Systems, Inc. is responsible for positive Humankind Value. Considerable positive value is associated with Economic Value ($19.0 B), Internet Search ($6.5 B), and Medical Services ($4.3 B). Its economic value comes from offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. In our current world, access to internet search, maps, messaging, and digital media are essentially positive byproducts of technology that represent a lot of value beyond profit. The Humankind Value of this company can improve with reductions in Air Pollution (-$2.6 B) and Greenhouse Gases (-$2.3 B). Economic Value is attached to this company as a result of its direct business activities. Internet Search, Medical Services, Air Pollution, and Greenhouse Gases are mostly or entirely a result of supply-chain relationships. While this company has a positive Humankind Value when studied in isolation, consideration of supply chain interactions pushes its Humankind Value higher.