Dell Shares

On Friday, we had our regular SRI update following our quarterly earnings announcement.  Unlike mainstream investor calls, we did a deep dive into key areas of our Corporate Responsibility Strategy.  Our two-hour call reviewed the progress and challenges we have in areas like global recycling, product stewardship, sustainable operations, political spending, giving and more.
__

We highlighted the fact that we have met our commitment of becoming carbon neutral ahead of schedule. Our first action to achieve this was to improve the efficiency of our internal operations.  The next step was to increase the amount of renewable energy we purchased world-wide. We increased our Green Powder from 13 Mm kWh to 116M kWh.  Finally, we responsibly off-set the remainder of our emissions by purchasing verified RECs and VERs. 
__

Another engaging discussion focused on the five new projects in our supply chain.  We also reviewed the audit program, specialized training and enhanced quarterly business reviews.  We completed a case study with our supplier Lite-On, which along with efforts with CSR Asia, focused on the EICC, Labor, Management Systems and Environmental Health and Safety. 
__

We discussed the status of legislation for global recycling, including where we are progressing and where we face challenges.  Annual recovery rates are back up, primarily driven by consumers both in the US and in Europe.  More exciting news on computer recycling occurred with the announcement of our partnership with Staples where we are offering free recycling in any of their 1,500 stores without having to make a purchase.
__

Finally, we addressed our stakeholder engagement strategy and gave a peek into the upcoming multi-part stakeholder engagement to vet out our strategy to become the greenest technology company on the planet.   
__

Today’s SRI call included participation mainly from firms in the investment world, but also a number of NGOs who attended at our invitation.  We are focusing these stakeholder engagements on material issues and holding discussions in regions where they are most important.  We are continuing in our goal to increase transparency with our stakeholders.  Thank you for your interest in Dell and I hope you found this session valuable.