Equinix Delivers Significant Progress on its Environmental, Social and Governance Goals

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The corporate’s FY22 Annual Sustainability Report highlights its Future First technique, specializing in points which have the best influence on prospects and key stakeholders, together with a aim of climate-neutral operations by 2030

REDWOOD CITY, Calif., Could 1, 2023 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure firmâ„¢, has launched its 2022 Sustainability Report which outlines progress towards the corporate’s key environmental, social and governance (ESG) targets. Centered on the United Nations Sustainable Growth Objectives (UNSDGs) which might be most aligned with its enterprise—Trade, Innovation & Infrastructure; Local weather Motion; Inexpensive & Clear Vitality; First rate Work & Financial Development; Diminished Inequalities; and Gender Equality—Equinix’s Future First technique is pushed by its resolve to set formidable targets, measure and transparently report progress, lead with ethics and integrity, and have interaction with stakeholders to drive change.

Most notably, Equinix has prolonged its business management by reaching 96% renewable vitality protection of its operational load for 2022, marking the fifth consecutive yr with over 90% renewable vitality protection, reflecting a ten% year-over-year enhance in procurement of renewables on a GWh-basis.

The corporate continues to make important progress on its sustainability targets throughout all areas, together with:

Atmosphere

  • Achieved the best rating of the CDP’s prestigious 2022 “Local weather Change A Listing” for the primary time

  • Made progress towards its aim of participating 66% of its suppliers by certified emissions to set a Science-Primarily based Goal (SBT) by 2025, with 17% of Scope 3 emissions now coated by supplier-set targets

  • Grew to become the primary digital infrastructure firm to decide to optimizing working temperature ranges inside its knowledge facilities to enhance knowledge middle effectivity and energy utilization effectiveness (PUE)

Social

  • Launched the Equinix Basis with a monetary contribution of $50 million aimed toward advancing digital inclusion globally—from offering entry to know-how and connectivity, to fostering the event of the talents wanted to thrive in right this moment’s digitally pushed world

  • Continued progress towards the corporate’s aspirational five-year range targets, together with a 13% enhance within the variety of girls workers globally in addition to a 20% enhance in Black/African American workers within the U.S. within the final yr

  • Achieved a 37% enhance in worker volunteering globally, monitoring 22,760 worker volunteer hours throughout the areas

Governance

  • Acknowledged for the second yr in a row by the CDP for its provider engagement practices

  • Grew to become one of many first digital infrastructure firms to tie govt compensation to ESG efficiency by implementing a modifier to short-term incentives for VP-level workers and above, together with govt officers. As a part of this initiative, the corporate goals to carry its leaders accountable for reaching each environmental and variety goals.

  • Elevated numerous illustration on the company Board of Administrators with three out of the 4 most up-to-date additions self-identified as girls and/or ethnically numerous

Quote

Keith Taylor, Chief Monetary Officer, Equinix
“Equinix believes in the way forward for chance—a future the place our planet is wholesome, our international communities thrive, and each enterprise leads with objective. We consider the chance for our firm stays sturdy as we proceed to see our prospects look to Platform Equinix as a key associate in advancing their digital transformation agenda, sustainably. We’re pleased with what we have achieved up to now and look ahead to persevering with to make additional progress in 2023 and past as we press our aggressive benefit.”

Extra Sources

About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure firmâ„¢. Digital leaders harness Equinix’s trusted platform to carry collectively and interconnect foundational infrastructure at software program velocity. Equinix allows organizations to entry all the precise locations, companions and potentialities to scale with agility, velocity the launch of digital providers, ship world-class experiences and multiply their worth, whereas supporting their sustainability targets.

Ahead-Wanting Statements
This press launch incorporates forward-looking statements that contain dangers and uncertainties. Precise outcomes might differ materially from expectations mentioned in such forward-looking statements. Elements which may trigger such variations embrace, however should not restricted to, a failure to realize Equinix’s targets and commitments associated to local weather and sustainability, and different dangers described on occasion in Equinix filings with the Securities and Change Fee. Particularly, see current Equinix quarterly and annual experiences filed with the Securities and Change Fee, copies of which can be found upon request from Equinix. Equinix doesn’t assume any obligation to replace the forward-looking info contained on this press launch.

Equinix. (PRNewsFoto/Equinix) (PRNewsfoto/Equinix, Inc.)

 

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SOURCE Equinix, Inc.

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