The annual release of our Corporate Sustainability Report provides a transparent look at the ways Equinix is reducing our environmental impact and improving the lives of those around us in our key focus areas: environment, people, governance and community. It also details why we’re doing it.
This report helps keep us accountable to all our key stakeholders, but especially to our customers who take advantage of our programs to support their sustainability goals and help green their supply chains. Our customers, like companies everywhere, are under pressure to show they’re responsible corporate citizens, including by establishing sustainable business practices that minimize negative impacts to the people and places where we all live and work. We know at Equinix that we can help our customers advance that goal in some very powerful ways. In a digital age, Equinix is often a critical part of our customers’ digital supply chains, so as we get greener, our customers’ digital supply chains also get greener.
At a time when the need for interconnection is growing like never before, we’re determined to make sure our sustainability program keeps pace in ways that benefit everyone.
Focused on adaptability and reliability
Larry Fink, the CEO of the investment firm Blackrock, made waves this year with an open letter to CEOs that included a challenge to firms everywhere. “Companies must ask themselves: What role do we play in the community?” his letter read. “How are we managing our impact on the environment? Are we working to create a diverse workforce? Are we adapting to technological change?”
These are questions we’ve been asking ourselves at Equinix for years. We understand that our investors, customers, employees and society at large are very interested in how we answer it, particularly given the rapid growth of interconnection and our increasingly prominent role in the digital economy. No company in our space has been as aggressive about pursuing sustainability goals, or as open about our aims and progress.
This year’s Corporate Sustainability Report has a theme of adaptability and reliability. This reflects our commitment to apply the same basic principles to our sustainability efforts that have propelled our business success. We believe that a strong sustainability program can not only develop in harmony with business growth, it can help drive it. This year’s report, which focuses on our sustainability efforts through 2017, looks at:
- Environment: In 2015, we publicly pledged to a long-term goal of powering our entire global interconnection platform with renewable energy. The progress we make directly impacts customers who’ve absorbed us into their digital supply chains, and that progress has been significant. In 2017, 77% of the energy we consumed worldwide was covered by renewable energy, up from 56% the year before. In fact, our growth in renewables was 68% year-over-year, as compared to our 23% growth in global energy usage. This year, Asia-Pacific is 65% covered, America is 73% (including Verizon sites), and EMEA is 89%. Our growing renewables usage has helped us earn the No. 6 ranking in the U.S. Environmental Protection Agency’s list of the Top 100 Green Power users.
- Social: We want all our employees at Equinix to know that they belong and can be themselves at Equinix, and we work to achieve this in a variety of ways. We’re working hard on gender parity and pay equity, and we’re recruiting employees from underrepresented communities. Our Equinix Impact program offers our people a chance to give time and money to good causes, and we’ve adapted the program so that employees can donate to the programs and initiatives they are most passionate about. We’re also focused on safety, and our 2017 “lost day rate” due to injury or disease was just 0.05%.
- Governance: Since our founding 20 years ago, Equinix has been committed to building an organization defined by honesty, integrity and consistently ethical behavior. All employees and board members complete anti-bribery and anti-corruption training, and we are committed company-wide to fully understanding and complying with laws in every country where we operate. Privacy and data protection are also top priorities, and we work hard at ensuring the fast and secure storage and transmission of data for millions of people.
The world and our industry are constantly changing. So are the needs of our customers. The work we’ve undertaken to ensure that our growing global influence comes with as few negative impacts as possible isn’t easy, and it isn’t quick. But, wow, it’s worth it.
Our Corporate Sustainability program doesn’t just help our employees feel good about where they work, it helps them do good in our communities. It doesn’t just make us more appealing to investors, it inspires us to make advances that make us a better investment. It doesn’t just sound good to customers, it actually helps them make good on their own promise to green their supply chains.
We invite you to learn more about our sustainability efforts by downloading the Corporate Sustainability Report today.