Princeton Digital Group Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:147,726.9 tCO2e
Scope 1 Emissions:1,535.35 tCO2e
Scope 2 Emissions:146,191.55 tCO2e (location-based), 137,343.45 tCO2e (market-based)
Renewable Energy Share:~6%
ESG Focus Areas
- Climate Change
- Energy Efficiency
- Renewable Energy
- Health and Safety
- Employee Well-being
- Diversity and Inclusion
- Supplier ESG Engagement
- Community Engagement
- Business Ethics and Integrity
- Corporate Governance
Environmental Achievements
- Procured renewable energy from geothermal and biomass sources (RECs) offsetting ~6% of Scope 2 emissions.
- Achieved industry-leading PUE <1.3 in NJ1 and SH1 data centers in China through optimized cooling and energy reduction initiatives.
- MU1 data center in Mumbai received IGBC Platinum pre-certification.
- SG1 data center in Singapore achieved ISO 50001 and SS564 certifications.
Social Achievements
- MU1 project won the ROSPA Health and Safety Gold Award 2023.
- Implemented various wellness initiatives and conducted annual employee engagement surveys.
- Ran student internship programs, training 39 interns and converting 6 to full-time employees.
- Initiated a Graduate Engineer Trainees (GETs) Program in India.
Governance Achievements
- Implemented various internal policies (Anti-Bribery and Corruption, Conflict of Interest, etc.) and provided periodic training to all employees on ethics and compliance.
- Developed a comprehensive Supplier Code of Conduct.
- No incidents of data breach or loss of customer data reported.
Climate Goals & Targets
Medium-term Goals:
- Net Zero for Scope 1 and Scope 2 emissions by 2030
Environmental Challenges
- High reliance on coal in Asia-Pacific for electricity generation.
- Intermittent nature of solar power.
- Varying availability of renewable energy sources across different markets.
- Tropical climate in Southeast Asia impacting energy used for cooling.
- Water scarcity in some regions.
Mitigation Strategies
- Procuring renewable energy as close to the facility as possible.
- Improving energy efficiency through upgrades and advanced power management techniques.
- Developing a decarbonization roadmap with annual reduction targets.
- Using air-cooled chillers in water-stressed regions.
- Implementing water-saving initiatives such as rainwater harvesting and recycling.
Supply Chain Management
Responsible Procurement
- PDG Responsible Supply Chain Standard incorporating standards on human rights, labor rights, environmental, and anti-corruption principles.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021
Third-party Assurance: Deloitte (limited assurance for Scope 1 and 2 GHG emissions)
Awards & Recognition
- ROSPA Health and Safety Gold Award 2023
- Golden Key Awards Honorable mention for Double Carbon Pioneer category
- Singapore Business Review Management Excellence Awards for Data Center Team of the Year
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:160,154 tCO2e (Location Based) / 136,641 tCO2e (Market Based)
Scope 1 Emissions:1,490 tCO2e
Scope 2 Emissions:160,154 tCO2e (Location Based) / 136,641 tCO2e (Market Based)
Scope 3 Emissions:783 tCO2e (Business Travel)
Renewable Energy Share:~15% of total energy use
ESG Focus Areas
- Climate Change
- Energy Efficiency
- Renewable Energy
- Health and Safety
- Diversity and Inclusion
- Governance
- Business Ethics
- Data Security
- Supply Chain Sustainability
- Community Engagement
Environmental Achievements
- Offset ~15% of total GHG emissions by procuring renewable energy
- Improved overall PUE of data center portfolio
- Operated hyperscale projects NJ1 and SH1 at industry-leading PUE <1.3
- Installed 2,000 rooftop solar panels at SH1 data center, generating 1,030MWh and reducing GHG emissions by 587 tCO2e annually
- Secured US$375 million in green loans for JH1 and SG1 data centers
- JC2 data center achieved BCA Green Mark Platinum certification
Social Achievements
- Achieved ~6.5 million safe man-hours across data centers
- MU1 and JC2 data centers received 2024 RoSPA Health and Safety Gold Award
- Launched JC2, a 22MW hyperscale data center in Jakarta, Indonesia
- Partnered with Haqdarshak to support construction workers at MU1, Mumbai, resulting in approximately US$380,000 in lifetime benefits from government welfare programs
- Increased percentage of women employees from 22% to 25%
Governance Achievements
- Established a Green Finance Framework aligned with Green Bond Principles (GBP) and Green Loan Principles (GLP)
- Conducted first comprehensive climate risk assessment
- Completed first TCFD report on climate-related risks and opportunities
- Implemented a comprehensive Supplier Code of Conduct
- No incidents of data breach or loss of customer data reported
Climate Goals & Targets
Long-term Goals:
- Net Zero for Scope 1 and Scope 2 emissions by 2030
Medium-term Goals:
- Net Zero for Scope 1 and Scope 2 emissions by 2030
Environmental Challenges
- Increased energy consumption due to growth in new data center capacities
- Varying opportunities to decarbonize across different operating countries
- Potential doubling of energy demand at data centers by 2026 due to AI growth
- Water stress in some Asia-Pacific regions
Mitigation Strategies
- Procuring renewable energy through PPAs, RECs, and carbon offsets
- Implementing advanced cooling technologies (liquid cooling)
- Optimizing energy and water consumption through improved cooling system efficiency and other initiatives
- Incorporating water conservation measures (rainwater harvesting, water-efficient infrastructure)
- Working with renewable energy companies to increase renewable energy ratio
Supply Chain Management
Supplier Audits: 100% of new suppliers screened using environmental and social criteria
Responsible Procurement
- PDG Responsible Supply Chain Standard incorporating UN Global Compact principles
- ESG criteria included in vendor assessments
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Universal Standards 2021, UN SDGs, Greenhouse Gas (GHG) Protocol, TCFD
Certifications: ISO 45001, ISO 9001, ISO 27001, ISO 20000, ISO 22301, ISO 14001, ANSI/TIA-942, BCA Green Mark Platinum, IGBC Platinum, LEED v4 BD+C CS (Target)
Third-party Assurance: Deloitte & Touche LLP (Limited assurance for Scope 1, 2, and 3 emissions - Category 6: Business Travel only)
Awards & Recognition
- 2023 Outstanding Innovation Award for Digital Financial Infrastructure Products (NJ1)
- ESG Business award for renewable energy adoption (JC2)
- Award for sustainable infrastructure (MU1)
- RoSPA Health and Safety Gold Award (MU1 and JC2)