STOCK TITAN

Xerox Publishes 2024 Corporate Social Responsibility Report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Xerox Holdings (NASDAQ: XRX) has published its 2024 Global Corporate Social Responsibility (CSR) Report, titled 'Leading Responsibly'. The report highlights Xerox's 2023 achievements in workplace sustainability, community support, and operational efficiency. Key accomplishments include:

1. Progress on the net zero by 2040 roadmap, with the company on track to meet its 2030 greenhouse gas emission reduction goals.
2. Innovation in workplace technology, with CareAR enabling remote issue resolution and reducing carbon emissions.
3. Recognition for sustainability efforts, including being named a leader in the 2023 Quocirca Sustainability Report and receiving the ENERGY STAR® 2024 Partner of the Year Award.
4. Community investment of over $2.4 million and 42,000+ employee volunteer hours globally.
5. Introduction of a new Verified Carbon Neutrality Service to help clients create more sustainable workplaces.

Xerox Holdings (NASDAQ: XRX) ha pubblicato il suo Rapporto Global Corporate Social Responsibility (CSR) per il 2024, intitolato 'Guidare Responsabilmente'. Il rapporto evidenzia i successi di Xerox nel 2023 in termini di sostenibilità sul luogo di lavoro, supporto alla comunità e efficienza operativa. Tra i risultati chiave si annoverano:

1. Progressi nella roadmap per la neutralità carbonica entro il 2040, con l'azienda in linea per raggiungere gli obiettivi di riduzione delle emissioni di gas serra entro il 2030.
2. Innovazione nella tecnologia del lavoro, con CareAR che consente la risoluzione remota dei problemi e riduce le emissioni di carbonio.
3. Riconoscimenti per gli sforzi di sostenibilità, tra cui essere stata nominata leader nel Rapporto sulla Sostenibilità Quocirca 2023 e aver ricevuto il premio ENERGY STAR® Partner dell'Anno 2024.
4. Investimenti nella comunità superiori a 2,4 milioni di dollari e oltre 42.000 ore di volontariato da parte dei dipendenti a livello globale.
5. Introduzione di un nuovo Servizio di Neutralità Carbonica Certificata per aiutare i clienti a creare luoghi di lavoro più sostenibili.

Xerox Holdings (NASDAQ: XRX) ha publicado su Informe Global de Responsabilidad Social Corporativa (RSC) 2024, titulado 'Liderando con Responsabilidad'. El informe resalta los logros de Xerox en 2023 en sostenibilidad laboral, apoyo a la comunidad y eficiencia operativa. Los logros clave incluyen:

1. Avances en la hoja de ruta de neutralidad de carbono para 2040, con la compañía en camino a cumplir sus objetivos de reducción de emisiones de gases de efecto invernadero para 2030.
2. Innovación en la tecnología del lugar de trabajo, con CareAR que permite la resolución remota de problemas y reduce las emisiones de carbono.
3. Reconocimiento por los esfuerzos de sostenibilidad, incluyéndose entre los líderes en el Informe de Sostenibilidad Quocirca 2023 y recibiendo el premio ENERGY STAR® Socio del Año 2024.
4. Inversión comunitaria de más de 2.4 millones de dólares y más de 42,000 horas de voluntariado de empleados en todo el mundo.
5. Introducción de un nuevo servicio de Neutralidad de Carbono Verificada para ayudar a los clientes a crear lugares de trabajo más sostenibles.

제록스 홀딩스(Xerox Holdings) (NASDAQ: XRX)는 '책임감 있는 리더십'이라는 제목의 2024년 글로벌 기업 사회적 책임(CSR) 보고서를 발표했습니다. 이 보고서는 2023년 제록스의 직장 내 지속 가능성, 지역 사회 지원 및 운영 효율성의 달성을 강조합니다. 주요 성과는 다음과 같습니다:

1. 2040년 탄소 중립 로드맵에 대한 진행 상황으로, 2030년 온실가스 감축 목표를 달성하기 위한 계획을 세웠습니다.
2. 원격 문제 해결을 가능하게 하고 탄소 배출을 줄이는 CareAR을 통해 직장 기술 혁신이 이루어졌습니다.
3. 2023년 Quocirca 지속 가능성 보고서에서 리더로 선정되고, 2024년 ENERGY STAR® 올해의 파트너 상을 수상하며 지속 가능성 노력에 대한 인정을 받았습니다.
4. 전 세계적으로 240만 달러 이상의 지역 사회 투자와 42,000시간 이상의 직원 자원 봉사 시간을 기록했습니다.
5. 고객이 더 지속 가능한 직장을 만들 수 있도록 돕는 새로운 인증된 탄소 중립 서비스가 도입되었습니다.

Xerox Holdings (NASDAQ: XRX) a publié son Rapport Global de Responsabilité Sociétale des Entreprises (RSE) pour 2024, intitulé 'Diriger Responsable'. Le rapport met en avant les réalisations de Xerox en 2023 dans les domaines de la durabilité au travail, du soutien à la communauté et de l'efficacité opérationnelle. Les principales réalisations incluent :

1. Progrès sur la feuille de route vers la neutralité carbone d'ici 2040, l'entreprise étant sur la bonne voie pour atteindre ses objectifs de réduction des émissions de gaz à effet de serre d'ici 2030.
2. Innovation dans la technologie de bureau, avec CareAR permettant la résolution à distance des problèmes et réduisant les émissions de carbone.
3. Reconnaissance des efforts en matière de durabilité, y compris le titre de leader dans le Rapport sur la Durabilité Quocirca 2023 et le prix ENERGY STAR® Partenaire de l'Année 2024.
4. Investissement communautaire de plus de 2,4 millions de dollars et plus de 42 000 heures de bénévolat de la part des employés à l'échelle mondiale.
5. Introduction d'un nouveau Service de Neutralité Carbone Vérifiée pour aider les clients à créer des lieux de travail plus durables.

Xerox Holdings (NASDAQ: XRX) hat seinen Bericht zur globalen gesellschaftlichen Verantwortung von Unternehmen (CSR) für 2024 veröffentlicht, der den Titel 'Verantwortungsbewusst Führen' trägt. Der Bericht hebt die Erfolge von Xerox im Jahr 2023 in Bezug auf Nachhaltigkeit am Arbeitsplatz, Unterstützung der Gemeinschaft und operationale Effizienz hervor. Zu den wichtigsten Errungenschaften gehören:

1. Fortschritte beim Fahrplan zur Kohlenstoff-Neutralität bis 2040, wobei das Unternehmen auf Kurs ist, seine Ziele zur Reduzierung von Treibhausgasemissionen bis 2030 zu erreichen.
2. Innovationen in der Arbeitsplatztechnologie, bei der CareAR die Fernbehebung von Problemen ermöglicht und die Kohlenstoffemissionen reduziert.
3. Anerkennung für nachhaltige Bemühungen, einschließlich der Auszeichnung als führendes Unternehmen im Quocirca Nachhaltigkeitsbericht 2023 und dem Erhalt des ENERGY STAR® Partners des Jahres 2024.
4. Gemeinschaftsinvestitionen von über 2,4 Millionen Dollar und mehr als 42.000 Stunden ehrenamtlicher Arbeit von Mitarbeitern weltweit.
5. Einführung eines neuen Dienstes für verifiziertes CO2-Neutralität, der Kunden hilft, nachhaltigere Arbeitsplätze zu schaffen.

Positive
  • On track to meet 2030 greenhouse gas emission reduction goals
  • Avoided 93,400 engineer site visits and over 850 metric tons of greenhouse gas emissions through CareAR and AI-driven remote support
  • Named a leader in the 2023 Quocirca Sustainability Report
  • Received ENERGY STAR® 2024 Partner of the Year Award
  • Invested over $2.4 million in the nonprofit sector
  • Employees volunteered more than 42,000 hours globally
  • Launched new Verified Carbon Neutrality Service for clients
Negative
  • None.

Insights

Xerox's 2024 CSR report demonstrates significant progress towards its sustainability goals. The company's commitment to net zero by 2040 and its 2030 GHG emission reduction targets show a clear, long-term strategy. The 93,400 avoided engineer site visits and 850 metric tons of GHG emissions reduction through CareAR and AI-driven remote support are particularly impressive, showcasing how technology can drive sustainability.

The ENERGY STAR® 2024 Partner of the Year Award and leadership recognition in the Quocirca Sustainability Report validate Xerox's efforts. The new Verified Carbon Neutrality Service aligns with market trends towards sustainability services. However, investors should note that while these initiatives are positive for brand image and long-term sustainability, their immediate financial impact may be

Xerox's CSR report reflects strong governance practices and a commitment to stakeholder capitalism. The company's focus on workplace sustainability, community support and operational efficiency demonstrates a balanced approach to ESG factors. The $2.4 million investment in nonprofits and 42,000 employee volunteer hours show a commitment to social responsibility that can enhance brand value and employee engagement.

The Human Rights Campaign Foundation's Equality 100 recognition for the 21st consecutive year is a strong indicator of consistent diversity and inclusion practices. These factors can contribute to reduced reputational risk and improved talent attraction and retention. However, investors should consider how these initiatives balance with financial performance, especially given Xerox's relatively small market cap of $1.26 billion.

The company provides an update on its net zero by 2040 roadmap and recognitions received for sustainability efforts

NORWALK, Conn.--(BUSINESS WIRE)-- Xerox Holdings Corporation (NASDAQ: XRX) today published its latest Global Corporate Social Responsibility (CSR) Report, “Leading Responsibly,” highlighting the company’s 2023 accomplishments in workplace sustainability, community support and operational efficiency.

“This report underscores our advancements and accomplishments in environmental sustainability, societal responsibility, governance and innovation, and how we continue addressing ongoing clients’ challenges,” said Steve Bandrowczak, chief executive officer at Xerox. “It is also a reflection of the work across our dedicated teams and partners to ensure that Xerox positively impacts the individuals, companies and communities we serve, while contributing to a more sustainable future.”

Xerox continues to deliver on its net zero by 2040 roadmap. The company is on track to meet 2030 greenhouse gas (GHG) emission goals of 60% reductions in scopes 1 and 2 and a 35% reduction in scope 3 over the 2016 baseline and to meet its 2040 net zero goal.

Additional highlights from this year’s report include:

  • Innovation in Workplace Technology: Xerox continues to innovate with reliable print technologies and digital solutions that support clients’ sustainability goals. Over the past three years, CareAR has enabled remote issue resolution, improved uptime and reduced carbon emissions. In 2023, the company avoided 93,400 engineer site visits and over 850 metric tons of greenhouse gas emissions through CareAR and AI-driven remote support.

  • Recognition for Sustainability and Inclusion: Xerox was named a leader in the 2023 Quocirca Sustainability Report and received the ENERGY STAR® 2024 Partner of the Year Award. The company also earned the Human Rights Campaign Foundation’s Equality 100 for the 21st consecutive year, highlighting its commitment to diversity and inclusion.

  • Community Support: In 2023, Xerox invested over $2.4 million in the nonprofit sector, with employees volunteering more than 42,000 hours globally. The company’s annual two-month campaign, from Earth Day to June 30, encourages employees to support causes aligned with its focus areas: education, sustainability and building strong communities.

Xerox recently announced a new Verified Carbon Neutrality Service, underscoring its commitment to helping clients create more sustainable workplaces. Download the full Xerox 2024 Global Corporate Social Responsibility Report here.

About Xerox Holdings Corporation (NASDAQ: XRX)

For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at www.xerox.com and explore our commitment to diversity and inclusion.

Note: To receive RSS news feeds, visit https://www.news.xerox.com. For open commentary, industry perspectives and views, visit http://www.linkedin.com/company/xerox, http://twitter.com/xerox, http://www.facebook.com/XeroxCorp, https://www.instagram.com/xerox/, http://www.youtube.com/XeroxCorp.

© 2024 Xerox Corporation. All rights reserved. Xerox® is trademarks of Xerox in the United States and/or other countries

Media Contact:

Justin Capella, Xerox, +1-203-258-6535, Justin.Capella@xerox.com

Source: Xerox Holdings Corporation

FAQ

What are Xerox's (XRX) 2030 greenhouse gas emission reduction goals?

Xerox aims to reduce scope 1 and 2 emissions by 60% and scope 3 emissions by 35% over the 2016 baseline by 2030.

How much did Xerox (XRX) invest in the nonprofit sector in 2023?

In 2023, Xerox invested over $2.4 million in the nonprofit sector.

What sustainability awards did Xerox (XRX) receive in 2023-2024?

Xerox was named a leader in the 2023 Quocirca Sustainability Report and received the ENERGY STAR® 2024 Partner of the Year Award.

How many engineer site visits did Xerox (XRX) avoid through CareAR and AI-driven remote support in 2023?

In 2023, Xerox avoided 93,400 engineer site visits through CareAR and AI-driven remote support.

What new service did Xerox (XRX) announce to help clients create more sustainable workplaces?

Xerox recently announced a new Verified Carbon Neutrality Service to help clients create more sustainable workplaces.

Xerox Holdings Corporation

NASDAQ:XRX

XRX Rankings

XRX Latest News

XRX Stock Data

1.09B
115.18M
7.34%
91.9%
12.92%
Information Technology Services
Computer Peripheral Equipment, Nec
Link
United States of America
NORWALK