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VMWARE, INC.

(VMW)
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Environmental Innovation: How VMware is Using Technology to Fight Climate Change

11/30/2021 | 03:51pm EST

In 1892, Charles Edgar Duryea created the first road-worthy gasoline-powered car, kicking off an era of dependence on fossil fuels. While this revolutionary technology changed the world in wonderful ways, it has now become a liability - one that is largely responsible for the devastating climate change that threatens our future.

The good news is that technology also has the power to help slow and even reverse climate change. While VMware has created an ambitious 2030 Agenda dedicated to (among other things) sustainability, we are not alone. Our industry's commitment to the planet's health has become a movement.

At VMware, we have multiple teams devoted to sustainability innovation. VMworld 2021 featured sessions showcasing projects focused on reducing the datacenter's carbon footprint, using sustainability as a strategic differentiator, creating new methodology for measuring the carbon impact of employees' home offices, and more. We also publish an annual ESG report to share the previous years' activities and results. This year's report included details of our projects related to accelerating the carbon efficiency of customers' digital operations, catalyzing zero-carbon clouds, distributed energy, net-zero emissions for our operations and supply chain…the list goes on.

So far, our solutions have successfully avoided creating 1.2B metric tons of carbon emissions and we continue to enable our customers, partners, and value chain to decarbonize their digital infrastructure. We hope to play a pivotal role in inspiring the next generation of sustainable IT.

I look forward to sharing even more progress in 2022!

Best,

Kit

Disclaimer

VMware Inc. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 20:50:04 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2022 12 843 M - -
Net income 2022 1 735 M - -
Net Debt 2022 9 405 M - -
P/E ratio 2022 30,5x
Yield 2022 -
Capitalization 52 529 M 52 529 M -
EV / Sales 2022 4,82x
EV / Sales 2023 4,11x
Nbr of Employees 32 300
Free-Float 28,6%
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VMware, Inc. Technical Analysis Chart | VMW | US9285634021 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 32
Last Close Price 124,96 $
Average target price 152,84 $
Spread / Average Target 22,3%
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Managers and Directors
Rangarajan Govind Raghuram Chief Executive Officer & Director
Sumit Dhawan President
Zane C. Rowe Chief Financial Officer & Executive Vice President
Michael Saul Dell Chairman
Jason Conyard Chief Information Officer
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