Keysight 2023 Corporate Social Responsibility Report: Letter From Our CEO
The world is on the cusp of actualizing a number of exciting technologies which hold the potential to profoundly impact our planet and our lived experience. Whether in 6G, artificial intelligence, or advancements in sustainability, Keysight’s role in providing advanced design, validation, and test solutions is more relevant than ever.
Keysight has long strived to make a positive impact on society and fiscal year 2023 was no different. Through technology that accelerates innovation to connect and secure the world, and our practice of employing a global business framework of ethical, environmentally sustainable, and socially responsible operations, we remained steadfast in our commitment to corporate social responsibility and made material progress on our results.
As a technology company, we are keenly aware of the opportunity for innovations to drive a sustainable and thriving societal future. Through our sustainability-linked solutions, Keysight supports our customers’ purposeful technologies across the clean tech, social impact and wellness, and network safety and security markets. In our fiscal year 2023, we made numerous contributions to sustainability across automotive and energy, and notably, in the security space. We joined other industry leaders at the White House for the launch of a new cybersecurity labeling initiative for consumer Internet of Things (IoT) devices. Such developments, along with Keysight’s product life cycle which is based on the principles of a circular economy, support our sustainability goals while helping customers meet their own corporate social responsibility objectives.
We continued to make progress toward our goal of net zero emissions in company operations by end of fiscal year 2040. Our team worked extensively to develop and submit our science-based targets (SBTs) to the Science Based Targets initiative (SBTi) in fiscal year 2023, and we were delighted to have them approved in October 2023. These targets provide clear objectives for our strategy to reduce operational greenhouse gas emissions in line with a 1.5°C trajectory and to engage customers in setting their own SBTs.
Our focus on diversity, equity, and inclusion remained a strategic company priority. In fiscal year 2023, we delivered on commitments to increase women hires globally and underrepresented minority hires in the US, moving towards more balanced representation across the company. We remain committed to advancing science, technology, engineering, and math (STEM) education while simultaneously supporting the development of a skilled pipeline of diverse employees and technology workers through our engagement of more than 1.8 million students, future engineers, and technology skill learners in fiscal year 2023.
Looking to the future, we are resolute in continuing to help build a better planet and society while delivering results for stakeholders. I am energized by the challenge and by the commitment and contributions our team and business are making.
Satish Dhanasekaran
President and Chief Executive Officer
