Report details company’s environmental, social and governance impact in
helping build a better planet
SANTA ROSA, Calif.--(BUSINESS WIRE)--
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company
that helps enterprises, service providers and governments accelerate
innovation to connect and secure the world, has released its 2018
Corporate Social Responsibility (CSR) report detailing the company’s
environmental, social and governance initiatives worldwide.
"Keysight's global business framework of ethical, environmentally
sustainable and socially responsible operations underpins every aspect
of the company," said Hamish Gray, senior vice president for Keysight.
"In fact, social responsibility is a core element of our Keysight
Leadership Model, which provides the foundation for how we run the
company."
The report details Keysight's CSR efforts and results in fiscal year
2018, as well as progress toward meeting the company's key impact goals
-- a set of success measures that tangibly demonstrate how the company
helps build a better planet.
With this report, Keysight announced that two key impact goals have been
met two full years ahead of schedule:
-
In the environmental space, as of the end of fiscal year 2018, the
company has recognized 15.18% in water conservation (based on
fiscal year 2015 baseline), beating its expected timeline of meeting
this goal by the end of fiscal year 2020. In addition, the company has
recognized 6.04% energy conservation in this same timeframe.
-
Social impact goals also made great progress. As of the end of fiscal
year 2018, Keysight has committed $1.02 billion in value to
strengthening communities through philanthropic, volunteerism and
community engagement actions. Again, the company has beat the original
timeline goal of $1 billion in value commitment that was targeted for
the end of fiscal year 2020. As a result, the company will increase
its end of fiscal year 2020 target for this goal to $1.25 billion. In
addition, Keysight has engaged upwards of 440,000 students, from grade
school through university levels, through its efforts in Science,
Technology, Engineering and Math (STEM) education.
-
The company's governance approach ensured there were no material
negative impact to the income statement or to institutional investment
levels from CSR-related topics.
These efforts resulted in Keysight receiving multiple recognitions as
well, such as those detailed in the Keysight
Technologies Recognized for Workplace Diversity, Corporate Social
Responsibility, and Technology Innovation press release and on the
company's CSR
News, Awards and Recognition page.
Gray also commented that “our fiscal year 2018 showed great progress
toward meeting, and in some cases exceeding, our original key impact
goals. We are energized to increase our impact in the coming years to
support stakeholder expectations and help do our part to build a better
planet.”
Additional information
About Keysight Technologies
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company
that helps enterprises, service providers and governments accelerate
innovation to connect and secure the world. Keysight's solutions
optimize networks and bring electronic products to market faster and at
a lower cost with offerings from design simulation, to prototype
validation, to manufacturing test, to optimization in networks and cloud
environments. Customers span the worldwide communications ecosystem,
aerospace and defense, automotive, energy, semiconductor and general
electronics end markets. Keysight generated revenues of $3.9B in fiscal
year 2018. More information is available at www.keysight.com.
Source: IR-KEYS
Additional information about Keysight Technologies is available in the
newsroom at https://www.keysight.com/go/news
and on Facebook,
LinkedIn,
Twitter
and YouTube.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190528005534/en/
Geri Lynne LaCombe, Americas/Europe
+1 303 662 4748
geri_lacombe@keysight.com
Fusako Dohi, Asia
+81 42 660-2162
fusako_dohi@keysight.com
Source: Keysight Technologies, Inc.