How We’re Driving Sustainable Impact for Business and Society
- June 29, 2023
Organizations are at an important juncture in creating positive business, environmental and societal outcomes.
Considering the broader impact — across business, people and the planet — of how we run our business isn’t new for Dell Technologies. For decades, we’ve been investing in innovation, partnerships and programs that apply our technology, scale and talented workforce to drive human progress – all with the aim to have measurable influence on some of the complex challenges important to our business, customers, the communities we serve and society at large. From tackling issues like climate change and accelerating the circular economy, to creating inclusive workplaces and addressing the digital divide, we’re increasing our rigor, our innovation, our action and ultimately, our impact.
Our annual environmental, social and governance (ESG) report is how we hold ourselves accountable and stay on track to deliver on goals we will achieve by 2030 and beyond. Sustainability & ESG is a business imperative, and in our FY23 ESG Report launched today, we share where we are making headway and where we need to accelerate progress.
In FY23, we:
A lot has changed since we initially set our 2030 goals in late 2019, and we have gained valuable insights throughout this journey. Despite ever-evolving regulations, measurement methodologies and external factors, we remain ambitious and are committed to our destination while making minor adjustments to our route.
To drive tangible and measurable results, we need to focus our goals on areas where we have the greatest potential for meaningful change. This focus drives greater impact. Recently, we conducted an analysis of our progress – refining our measurement methods for consistency, retiring goals that we have already achieved and strengthening our focus areas.
Consequently, we have condensed our number of ESG goals from 25 to nine, where we have the greatest responsibility and opportunity to effect change. Trust is at the root of all we do and we believe security, privacy and ethics are core to establishing and maintaining trusted relationships. That’s why we are introducing a dedicated goal under the broader category of “Upholding Trust.”
Every organization is on a unique path towards sustainable success, and we are thankful for the collaboration with our team members, customers, industry partners and suppliers to set industry best practices.
We were excited to receive industry recognition like the recent Fast Company’s World Changing Ideas Company of the Year award, and we are proud of our efforts to create a more sustainable and inclusive world. At the same time, we acknowledge the need for continuous improvement and transparent reporting of progress against our commitments. In the upcoming year, we will maintain agility, responsiveness and rigor in our efforts, and explore new partnerships and actions to accelerate both business and societal impact.
As we call out in our FY23 ESG Report: The time is now. To achieve significant progress in the future, we must invest in the right actions today. We are, and we applaud many others for doing the same. For more information and to review our full report, please visit dell.com/impact.