18 Dec 2007:
IBM (NYSE: IBM) today issued its 2007 Corporate Responsibility Report titled "Global Citizenship," presenting the results of the company's innovative societal partnerships and its strategy to address the challenges and opportunities in an increasingly global and networked economy.
"Today's globally integrated enterprise demands a next generation of global citizenship impacting individuals, companies and the society at large," said Stanley Litow, Vice President of Corporate Citizenship and Corporate Affairs and President of the IBM International Foundation. "In this report we highlight IBM's leadership in global citizenship among these groups and the innovation and new direction we think is necessary to make progress in meeting the needs of each."
The Corporate Responsibility report highlights:
- New leadership programs placing employees on four-week assignments in emerging markets to tackle real societal, education and environmental challenges;
- Flexibility programs enabling IBM employees to devise their own work schedule based on their responsibilities;
- Adult and childhood literacy programs through the expansion of Reading Companion to 450 sites this year;
- Spending more than $2.3B with diverse suppliers;
- Environmental programs including Project Big Green, a $1B initiative to increase the energy efficiency of the average data center by 42 percent;
- Small business programs giving free resources and business advice to small business owners in emerging markets and in the U.S. to Woman, Black, Hispanic, Asian, and Native American small business owners; and
- Supercomputing power to researchers through World Community Grid, harnessing more than 850,000 individual computers to help solve problems such as climate change in Africa, cancer research and drug discovery for dengue fever.
Also available are the following podcasts on corporate responsibility:
- Stanley Litow, Vice President of Corporate Citizenship and Corporate Affairs and President of the IBM International Foundation, IBM, on the globally integrated enterprise;
- Wayne Balta, Vice President of Corporate Environmental Affairs and Product Safety, IBM, on the environment and how IBM operations integrate with social value;
- Paul Grundy, Director of Healthcare Technology and Strategic Initiatives, IBM, on the business value of wellness and patient centric care initiatives at IBM; and
- Ron Glover, Vice President of Global Workforce Diversity, IBM, on the business value of diversity and flexibility in the 21st century workforce.
To view the report online, visit http://www.ibm.com/ibm/responsibility.