Digital infrastructure company achieves 96 per cent renewable energy coverage

renewable energy

Equinix has released its 2022 Sustainability Report, which outlines progress toward the company’s key environmental, social and governance (ESG) goals. The report reveals that the company has achieved 96 per cent renewable energy coverage of its operational load for 2022, marking the fifth consecutive year with over 90 per cent renewable energy coverage and reflecting a ten per cent year-over-year increase in procurement of renewables on a GWh-basis.

Focused on the United Nations Sustainable Development Goals (UNSDGs) that are most aligned with its business – Industry, Innovation & Infrastructure; Climate Action; Affordable & Clean Energy; Decent Work & Economic Growth; Reduced Inequalities; and Gender Equality – Equinix’s Future First strategy is driven by the company’s aim to set ambitious targets, measure and transparently report progress, lead with ethics and integrity, and engage with stakeholders to drive change. 

The company said it continues to make significant progress on its sustainability goals across all areas.

In terms of environment, Equinix reports that achieved the highest ranking of the CDP’s prestigious 2022 ‘Climate Change A-List’ for the first time; made progress toward its goal of engaging 66 per cent of its suppliers by qualified emissions to set a Science-Based Target (SBT) by 2025, with 17 per cent of Scope 3 emissions now covered by supplier-set targets; and became the first digital infrastructure company to commit to optimising operating temperature ranges within its data centres to improve data center efficiency and power usage effectiveness (PUE)

The company also launched the Equinix Foundation with a financial contribution of $50 million aimed at advancing digital inclusion globally, continued progress toward their aspirational five-year diversity goals, and were recognised for the second year in a row by the CDP for its supplier engagement practices among their social and governance objectives.

“Equinix believes in the future of possibility – a future where our planet is healthy, our global communities thrive, and every business leads with purpose,” said Keith Taylor, chief financial officer at Equinix. “We believe the opportunity for our company remains strong as we continue to see our customers look to Platform Equinix as a key partner in advancing their digital transformation agenda, sustainably. We are proud of what we have achieved thus far and look forward to continuing to make further progress in 2023 and beyond as we press our competitive advantage.”

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