Equinix presents sustainability report | Executive People

Equinix presents its Sustainability Report for 2021, which outlines the goals, progress and innovation achieved in key ESG (Environmental, Social and Governance) pillars over the past year. In addition, the report focuses on progress in relation to the goals set since the establishment of the Corporate Sustainability Program in 2015.

The ESG initiatives, which are part of Equinix’s Future First strategy, focus on the issues that have the greatest impact on key stakeholders and Equinix’s business. Think of diversity, inclusion and connectedness (DIB), but also the goal of being climate neutral worldwide by 2030.

ESG topics have long been an integral part of Equinix’s corporate agenda and align with the key issues affecting stakeholders, the company and the world as a whole. In addition, new government regulations are proposed and adopted worldwide; this makes it even more important for Equinix to create a more sustainable future for the environment and the communities it serves.

Comprehensive sustainability agenda

This ambition, supported by science-based emission reduction targets, a strategic green funding plan and a comprehensive sustainability agenda, is an important step in promoting the company’s investments and innovations aimed at reducing greenhouse gas emissions. In addition, it reflects the role Equinix can play in making its customers’ digital supply chains greener and responding to the changing needs of key stakeholders. The company has made significant progress in living up to these green promises. The renewable energy coverage ratio for Equinix’s portfolio was over 95 percent in fiscal year ’21; this is the fourth year in a row where you get over 90% coverage.

Highlights from 2021

Equinix again reports significant progress in its sustainability goals. It strives to become a company that clearly exudes sustainability ambitions: to bring the world together on a platform to create innovations that will enrich our work, our lives and our planet. Highlights from the financial year ’21 include:

  • Became the first company in the data center industry to commit to being globally CO2-neutral by 2030, setting science-based goals for its operations and supply chain;
  • Achieved 95% renewable energy coverage in its global data center footprint – for the fourth year in a row, the company has achieved more than 90% coverage; Co-founder of the EU Climate Neutral Data Center Operator Pact and Self-Regulatory Initiative, which is a leader in establishing and driving the development of sustainability requirements for the EU data center industry to be climate neutral by 2030;
  • Has issued $ 4.9 billion in green bonds in April 2022, making it the fourth largest global issuer in the green bond investment market;
  • Has a perfect score on the Corporate Equality Index (CEI) for the Human Rights Campaign (HRC), making it one of the “best places to work for LGBTQ + Equality”;
  • Ranked first in real estate in JUST Capital’s 2022 ranking of America’s most “fair” companies;
  • From 2022, Equinix will be one of the first data center companies to link director compensation to ESG performance. By adjusting short-term rewards for employees at VP level and above, including managers, the company aims to hold its managers accountable for achieving both environmental and diversity goals;
  • Equinix’s global reach spans 70 metro areas in 31 countries. Equinix’s scalable ecosystems enable organizations to access the digital world and serve more than 10,000 customers, including more than half of the Fortune 500. Equinix’s interconnection platform now includes more than 428,000 interconnections that power the digital economy.

Keith Taylor, Chief Financial Officer, Equinix said: “Our customers, partners, investors and employees are more focused on sustainability than ever before. Over the past year, we’ve seen a significant increase in customer interest in how Equinix helps them. achieving their sustainability goals – and achieving ESG goals Responding to our customers’ needs is just one of the reasons why we are committed to our “Future First” sustainability strategy, which outlines our key ESG initiatives and responsibilities, including diversity , inclusion and connectivity (DIB), science-supported goals and our commitment to become globally CO2-neutral. “

The full report is available here.

Leave a Comment