Equinix Releases Annual Sustainability Report, Highlighting Advancements in Environmental, Social and Governance (ESG) Goals
The world's digital economy is generating larger volumes of data across sectors like healthcare, finance and manufacturing, resulting in increasingly complex data sets that necessitate higher-performance computing, increased power demands, and a greater focus on global accessibility and enhanced security measures. The data center industry is under pressure to deliver unprecedented levels of performance while minimizing its environmental impact.
"The advancements in the digital world are quickly outpacing the world's existing power grids required to support it," stated
Additional highlights of the report include:
Environment
- Reduced Scope 1/Scope 2 operational emissions 24% from the company's 2019 baseline, furthering progress toward its goal of cutting that baseline number in half by 2030
-
US$4.9 billion in green bonds issued and fully allocated to date, resulting in annual energy savings of ~1,800 GWh and annual avoided emissions of over 669,000 mtCO2 - Signed 15 wind and solar power purchase agreements (PPAs) across the
European Union , bringingEquinix's global facilities to over 1 GW or approximately 25% PPA coverage once operational
Social
- Provided funding through the
Equinix Foundation to 47 organizations focused on progressing digital inclusion, from providing access to technology and connectivity to developing the skills required for technology careers - Continued progress toward the company's aspirational five-year diversity goals, including a 17% increase in the number of women employees globally as well as a 14% increase in Black/
African American employees in theU.S. in the last year - Achieved an 11% year-over-year increase in employee volunteer hours globally, tracking 25,300 employee volunteer hours across the regions
- Donated over
US$1.9 million from employee donations and company match, benefitting more than 1,600 charities globally
Governance
- Became a founding member of the
Asia-Pacific Data Center Association - Recognized for the third year in a row by the CDP for its supplier engagement practices, with 25% of
Equinix's Qualified Scope 3 emissions covered by supplier-set science-based targets - Conducted its first supply chain-facing Human Rights Impact Assessment to identify inherent and potential risks across the supply chain
- Achieved a decade of 100% completion of employee ethics and compliance trainings
Additional Resources
-
2023 Equinix Sustainability Report and
Global Reporting Initiative (GRI) Metrics [report] - How We Worked to Build a Better Future in 2023 [blog]
About
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering
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