Vertiv Releases First Environmental, Social and Governance Report
June 28 2022 - 9:30AM
Business Wire
Document highlights Vertiv efforts around
energy- and water-efficiency, DE&I, safety, and other ESG
activities
Vertiv (NYSE: VRT), a global provider of critical digital
infrastructure and continuity solutions, today released its
inaugural environmental, social and governance (ESG) report, the
company’s first public report of its ESG activities.
The report outlines Vertiv’s approach to energy and water
efficiency; diversity, equity and inclusion (DE&I); employee
health and safety; and other ESG-related topics. The content
covered in the report serves as a baseline upon which the
organization will build future efforts.
“We all know how critical connectivity is to our daily lives and
the global economy. The world’s appetite for data continues to
rise, and our solutions keep data systems on and connected. At the
same time, we recognize the current and potential impacts of
climate change,” said Rob Johnson, Vertiv CEO. “We are seeking to
meet the growing demand for critical digital infrastructure, and
simultaneously mitigate environmental impacts from our operations
and products. As a result, we’re innovating to come up with more
efficient and effective ways to support critical digital
infrastructure.”
Vertiv’s ESG Executive Steering Committee, made up of senior
leaders from across the organization, is driving a company-wide
evaluation of ESG performance. Some of the activities and results
highlighted in the report include:
- The introduction of new and upgraded
products with high energy and water efficiency attributes, with
others planned for release in the coming months and years.
- Participation in several industry
partnerships aimed at addressing data center efficiency and
emissions, including the EcoEdge PrimePower Project (E2P2), the
Sustainable Digital Infrastructure Alliance (SDIA), the European
Data Centre Association (EUDCA), and the RISE Partnership
Program.
- An internal review of Vertiv’s Scope 1 and
2 greenhouse gas emissions.
- Development of performance and improvement
benchmarks to help the organization reduce operational greenhouse
gas emissions.
- A 12% year-over-year reduction in
recordable injuries based on the U.S. Occupational Safety and
Health Administration’s total reportable injury rate (TRIR).
- The introduction of training opportunities
to support the organization’s global focus on diversity, equity and
inclusion.
- The appointment of multiple women to
executive positions within the company within the last two years,
including Sheryl Haislet, Chief Information Officer, and Stephanie
Gill, Chief Legal Counsel.
For more information or to download the full report, visit
Vertiv.com.
About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics
and ongoing services to enable its customers’ vital applications to
run continuously, perform optimally and grow with their business
needs. Vertiv solves the most important challenges facing today’s
data centers, communication networks and commercial and industrial
facilities with a portfolio of power, cooling and IT infrastructure
solutions and services that extends from the cloud to the edge of
the network. Headquartered in Columbus, Ohio, USA, Vertiv employs
approximately 24,000 people and does business in more than 130
countries. For more information, and for the latest news and
content from Vertiv, visit Vertiv.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27 of the Securities Act, and Section 21E of the Securities
Exchange Act. These statements are only a prediction. Actual events
or results may differ materially from those in the forward-looking
statements set forth herein. Readers are referred to Vertiv’s
filings with the Securities and Exchange Commission, including its
most recent Annual Report on Form 10-K and any subsequent Quarterly
Reports on Form 10-Q for a discussion of these and other important
risk factors concerning Vertiv and its operations. Vertiv is under
no obligation to, and expressly disclaims any obligation to, update
or alter its forward-looking statements, whether as a result of new
information, future events or otherwise.
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Sara Steindorf T +314-982-1725 E
sara.steindorf@fleishman.com
Vertiv (NYSE:VRT)
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