Intelligent CIO APAC Issue 24 | Page 66

INTELLIGENT BRANDS // Data Centers

Equinix highlights progress on ESG commitments in annual sustainability report

Equinix has released its 2021 Sustainability Report which outlines progress , innovation and accomplishments on key environmental , social and governance ( ESG ) commitments from the past year and since formalizing its Corporate Sustainability Program in 2015 .

The ESG initiatives comprising Equinix ’ s Future First strategy focus on the issues that have the greatest impact on key stakeholders and business , including diversity , inclusion and belonging ( DIB ), and the company ’ s commitment to becoming climate neutral globally by 2030 .
ESG topics have long been an integral part of Equinix ’ s corporate agenda and align to the material issues that impact its stakeholders , business and the world at large . New government-mandated regulations are being enacted and proposed globally , making Equinix ’ s commitment to creating a more sustainable future for the environment and the communities it serves that much more important .
This commitment , backed by science-based targets for emissions reduction , a strategic green financing plan and a comprehensive sustainability agenda , is a critical step in advancing the company ’ s investments and innovations aimed at reducing greenhouse gas emissions , and reflects the role Equinix can play in greening its customers ’ digital supply chains and addressing the evolving needs of key stakeholders .
The company has made significant traction in meeting this commitment , with over 95 % renewable coverage for its portfolio in FY21 , reaching over 90 % for the fourth consecutive year .
Highlights / key facts
• Equinix has continued to make significant progress on its sustainability goals and looks to build a business that reflects its purpose to bring the world together on its platform to create innovations that will enrich our work , life and planet . Highlights from FY21 include :
• Became the first company in the data center industry to commit to becoming climate neutral globally by 2030 and set science-based targets for its operations and supply chain
• Reached 95 % renewable energy coverage across its global data center footprint – the fourth consecutive year in which the company has achieved greater than 90 % coverage
Keith Taylor , Chief Financial Officer , Equinix , said : “ Our customers , partners , investors and employees are focused on sustainability more than ever . In the past year , we have seen a substantial increase in interest from customers on how Equinix helps them meet their sustainability and ESG objectives Responding to our customers ’ needs is just one of the reasons we are devoted to our Future First sustainability strategy that outlines our key ESG initiatives and responsibilities , including diversity , inclusion and belonging ( DIB ), science-based targets and our commitment to becoming climate neutral globally .” p
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