Cisco announced that it is launching a payment solution called Cisco Green Pay that supports the circular use of Cisco’s sustainable technologies. This offer enables customers to enter the circular economy and helps them meet their sustainability goals. At the end of the term, the product is recovered by Cisco free of charge.
“Environmental, social and corporate responsibility are not only embedded in our business practices and products, but they are also a priority for our customers,” said Wendy Mars, EMEAR President, Cisco. “This new payment solution for Cisco sustainable technology offers our customers reliable IT solutions that consume less resources and ensures they are benefiting from the latest innovation.”
Cisco Green Pay offers a 5% incentive on Cisco hardware, predictable payments for five years and free product returns. When the equipment is returned, the customer receives a certificate confirming that it has entered the circular economy. Additional offer features:
According to the Ellen McArthur Foundation, the circular economy can contribute towards tackling the 45% of global greenhouse gas emissions that cannot be resolved by transitioning to renewable energy alone. Circularity is one of the main building blocks of Europe’s new agenda for sustainable growth, and environmental sustainability is becoming critical for IT departments in EMEA. Of 311 channel partners surveyed by Canalys in March 2022, one in four EMEA respondents reported that environmental sustainability is included in over a third of customers’ requests for proposals received. Cisco Green Pay enables customers to address the growing concerns related to the sustainability of their technology.
“Cisco Green Pay introduces a circular payment model that minimizes waste, making it easier for customers to build a sustainable IT strategy and to reach their environmental, social, and governance goals,” said Guido Kessler, Cisco Capital EMEA Sales Leader. “With this payment solution, Cisco can meet customers’ needs for more predictability and sustainability.”
Cisco is committed to powering a sustainable, circular, and inclusive future:
Source: Cisco
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