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Symantec Unveils First Corporate Responsibility Report

Symantec today released its first Corporate Responsibility Report, underscoring Symantec’s leadership in promoting sustainability for the software industry.
  • 18 September, 2008 10:52

<p>Report outlines Symantec’s commitment to green IT, online family safety and key privacy and data protection measures for customers</p>
<p>SYDNEY, Australia – 18 September 2008 – Symantec Corp. (Nasdaq: SYMC) today released its first Corporate Responsibility Report, underscoring Symantec’s leadership in promoting sustainability for the software industry. The fiscal year 2008 report demonstrates the company’s commitment to focus its attention on critical environmental, social and governance issues. Included in the report is a full materiality analysis that defines good governance, online safety, privacy, customer satisfaction, the environment, and workforce issues as Symantec’s top corporate responsibility priorities.</p>
<p>“In today’s operating environment, corporate responsibility is a non-negotiable imperative for businesses,” said John W. Thompson, chairman and chief executive officer, Symantec. “Corporate responsibility is intertwined with Symantec’s overall strategy of securing and managing the world’s information. We are pleased to communicate our achievements to date and are working toward the goals we have set for fiscal year 2009 and beyond.”</p>
<p>Highlights of Symantec’s corporate responsibility performance include:</p>
<p>· Applied Symantec’s own green IT technology to enable data centre consolidation—resulting in energy savings of more than 300,000 kWh/month</p>
<p>· Donated more than $16 million in cash and software to schools, nonprofit organisations and local communities</p>
<p>· Provided necessary tools to consumers, businesses and communities to take action against cyberattacks and cybercrime</p>
<p>· Launched a family online safety initiative</p>
<p>· Increased employee volunteerism by more than 230 percent from the previous year through a 25th Anniversary volunteer challenge</p>
<p>· Achieved LEED Gold Certification for new Culver City, Calif. campus</p>
<p>· Established an executive steering committee to champion global diversity and inclusion initiatives</p>
<p>· Adopted the Calvert Women’s Principles™, the first global code of corporate conduct focused exclusively on empowering, advancing and investing in women worldwide</p>
<p>· Appointed a chief privacy officer and formed a cross-functional privacy council</p>
<p>· Continued integration of the 10 principles of the United Nations Global Compact into company operations</p>
<p>“By sharing the progress Symantec is making toward operating more sustainably and responsibly, we are hoping to encourage other businesses to communicate and share their efforts,” said Cecily Joseph, director, Corporate Responsibility, Symantec. “We also hope to engage with our employees, customers, investors and broader society on the topics relevant to our business and industry so as to build a model for ongoing improvement.”</p>
<p>Corporate Responsibility in Fiscal Year 2009 and Beyond</p>
<p>In addition to developing a more formalised system for tracking and reporting its focused corporate responsibility programs and efforts, Symantec will also spend time on several initiatives for fiscal year 2009 and beyond. One key area of emphasis in the company’s overall Corporate Responsibility program is Symantec’s environmental strategy. The environmental focus will be structured around four key areas that reflect Symantec’s most substantial environmental impacts: Green IT, resource conservation, responsible packaging and transportation. Additional initiative highlights for 2009 and beyond include:</p>
<p>· Reduce CO2 emissions by 15 percent by fiscal year 2012 from a fiscal year 2008 baseline (on a per square foot basis)</p>
<p>· Seek LEED certification for existing buildings and new construction on a worldwide basis</p>
<p>· Continue developing green IT products and services to help customers reduce energy use in their data centres and beyond</p>
<p>· Engage in global public policy activities around privacy and data protection legislation</p>
<p>· Develop and launch compliance and ethics training for senior executives</p>
<p>Symantec convened an external Advisory Council, consisting of industry leaders in ethics, philanthropy, environment, sustainability practice and responsible investment, to help guide and advise on the reporting process. Symantec used the Global Reporting Initiative G3 Guidelines and the United Nations Global Compact principles in developing the report. To view the full report and executive summary, visit http://www.symantec.com/about/profile/responsibility/index.jsp.</p>
<p>About Symantec’s Corporate Responsibility Program</p>
<p>Corporate responsibility at Symantec is intertwined with the company's core purpose of securing and managing our customers’ information-driven world. Symantec defines corporate responsibility as the way in which we fulfill our business objectives – by giving full attention and respect to ethical operation, the environment, and commitment to positive social impact.</p>
<p>About Symantec</p>
<p>Symantec is a global leader in providing security, storage and systems management solutions to help businesses and consumers secure and manage their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.</p>
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<p>NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news. All prices noted are in U.S. dollars and are valid only in the United States.</p>
<p>Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.</p>
<p>Contacts:</p>
<p>Press Contacts:</p>
<p>Laura Skelley</p>
<p>Max Australia</p>
<p>+61 2 9954 3492</p>
<p>Laura.skelley@maxaustralia.com.au</p>
<p>Debbie Sassine</p>
<p>Symantec</p>
<p>+61 2 8879 1110</p>
<p>debbie_sassine@symantec.com</p>

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