CUPERTINO, Calif. – April 15, 2009 – Symantec Corp. (Nasdaq: SYMC) today announced it has earned widespread recognition for its leadership role in promoting sustainability for the software industry. The company continues to invest in continuous improvement by integrating corporate responsibility (CR) measures into its business strategy and operations.
Symantec has recently earned awards and recognition from a variety of notable organizations, including:
- The Ethisphere Institute named Symantec to its 2009 “World’s Most Ethical Companies” rankings in the Computer Software category. This award recognizes companies that ensure ethical practices remain a top business priority.
- Ceres and the Association of Chartered Certified Accountants (ACCA) gave Symantec the prestigious 2008 Ceres-ACCA Sustainability Reporting Award for “Best First Time Report” for its inaugural corporate responsibility report.
- Corporate Responsibility Officer (CRO) Magazine ranked Symantec 23rd in its highly competitive Top 100 list of the “Best Corporate Citizens of 2009.”
- The National Business Travel Association (NBTA) awarded Symantec the first “NBTA Corporate Responsibility Award” for its innovative programs to reduce carbon emissions by changing its business travel program and for its commute-reduction program in the San Francisco Bay region.
- Sustainability Asset Management (SAM), a leading asset management company for socially responsible investing, named Symantec a 2009 “Sector Mover” as the most improved in sustainability practices in the software industry.
“Our mission of helping to secure and manage an information-driven world is achievable only through ethical operations, commitment to societal impact and environmental consciousness,” said Cecily Joseph, director of Corporate Responsibility, Symantec. “These awards and recognition are the result of a multi-year effort to identify key issues and integrate corporate responsibility into Symantec’s business operations.”
Symantec convened an external advisory council, consisting of industry leaders in ethics, philanthropy, environment, sustainability practice and responsible investment, to advise the company on its CR report and help to establish ongoing priorities. Based on input from this group, Symantec established a set of top CR priorities including governance, online safety, environmental impact and advancing workplace and social issues. Using this framework the company continues to advance toward its business goals to:
Improve Governance and Ethics
- Symantec has expanded its Nominating and Governance Committee Board charter to include oversight of corporate responsibility. This group is committed to using the UN Global Compact (UNGC) as a framework for the company’s evolving corporate responsibility program.
- The company outperformed 96.9 percent of companies on the S&P 500 in areas of governance, according to Institutional Shareholder Services (ISS) and was named to the Dow Jones Sustainability North American and World Indices (DJSI) and FTSE4Good.
- The company has appointed a chief privacy officer, formed a privacy council, and hosted a special symposium on privacy concerns and remediation to increase privacy and data protection.
Enhance Online Safety
Address Environmental Concerns
- Symantec has completed a comprehensive global greenhouse gas inventory, adopted a goal to reduce CO2 emissions by 15 percent by March 2012, released a green data center global report, launched an employee environmental awareness program, achieved LEED Gold Certification for its Culver City, Calif., campus, and deployed a custom power management profile on company PCs that is expected to reduce energy consumption globally by 6 million kWh of energy per year.
- The company’s software-based approach to green IT offers organizations various tools for streamlining the IT infrastructure and demonstrates the return on investment by driving energy efficiencies like helping to reduce customers’ energy costs and environmental footprints.
Focus on Social and Workforce Issues
- Symantec has adopted the Calvert Women's Principles™, the first global code of corporate conduct focused exclusively on empowering, advancing and investing in women in the workplace.
For more information on Symantec’s corporate responsibility activities and achievements, visit www.symantec.com/about/profile/responsibility/index.jsp.
Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.
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