The company is committed to reaching global
climate neutrality by 2030 and greening the supply chains of
customers who leverage its sustainable infrastructure
REDWOOD
CITY, Calif., May 19,
2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq:
EQIX), the world's digital infrastructure company™, 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
- Became a founding signatory of the EU Climate Neutral Data
Centre Operator Pact and Self-Regulatory Initiative, which is
leading advocacy and steering the development of sustainability
requirements for the EU data center industry to become climate
neutral by 2030
- Issued $4.9 billion of green
bonds as of April 2022, making
Equinix the fourth largest global issuer in the investment-grade
green bond market
- Received a perfect score on the Human Rights Campaign (HRC)
Corporate Equality Index (CEI), ranking among the "Best Places to
Work for LGBTQ+ Equality"
- Placed #1 in Real Estate in JUST Capital's 2022 ranking of
America's most "just" companies
- Beginning in 2022, Equinix became one of the first data center
companies to tie executive compensation to ESG performance. By
implementing a modifier to short-term incentives for VP-level
employees and above, including executive officers, the company aims
to hold its leaders accountable for achieving both
environmental and diversity objectives
- Equinix's global reach spans 70 metros across 31 countries, and
customers continue to see Equinix as the best manifestation of the
digital edge. Its scaled ecosystems enable proximity to the "who's
who" of the digital world, with 10,000+ customers consisting of
more than half the Fortune 500 and a commanding share of cloud
on-ramps. Equinix's interconnection platform now consists of more
than 428,000 interconnections fueling the digital economy. These
advantages are strongly aligned to market trends and allow Equinix
to continue to extend its market leadership.
Quotes
- Keith Taylor, Chief Financial
Officer, Equinix
"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."
About Equinix
Equinix (Nasdaq: EQIX) is the world's
digital infrastructure company, enabling digital leaders to harness
a trusted platform to bring together and interconnect the
foundational infrastructure that powers their success. Equinix
enables today's businesses to access all the right places, partners
and possibilities they need to accelerate advantage. With Equinix,
they can scale with agility, speed the launch of digital services,
deliver world-class experiences and multiply their value.
Forward-Looking Statements
This press release contains forward-looking statements that are
based on Equinix's current expectations, including but not limited
to statements regarding the status of its sustainability objectives
and goals, its offering of green bonds, and other ESG
commitments. Such forward-looking statements are subject to
certain risks, uncertainties and assumptions, including market
conditions, customary closing conditions and other factors. In
particular, there can be no assurance that Equinix will complete
the offering of the bonds. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those expected.
More information about potential risk factors that could affect
Equinix and its results is included in Equinix's filings with the
SEC. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
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SOURCE Equinix, Inc.