Digital Infrastructure company 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 following the formalisation of 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.
Keith Taylor, Chief Financial Officer at 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."
Government regulations shine a light on the importance of Equinix’s commitment to creating a sustainable future
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.
The commitment, which Equinix says is backed by science-based targets for emissions reduction, has been described as 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.