Climate Change Data

Equinix, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:96% (2022)
Total Energy Consumption:7,820,000 MWh/year (2022)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate change
  • Diversity, Inclusion, and Belonging (DIB)
  • Sustainability

Environmental Achievements

  • Achieved a 23% absolute reduction in operational GHG emissions (Scope 1 and 2) since 2019, even with a 36% increase in energy consumption.
  • 96% of global electricity consumption covered by renewable energy sources in 2022 (100% in the US).
  • Executed 18 PPAs in Europe for 687 MW of new wind and solar capacity.

Social Achievements

  • Women's representation in leadership increased year-over-year to 32%.
  • Employee satisfaction scores remained steady between 83-84 out of 100 each quarter (average 83, six points higher than benchmark).
  • Employees volunteered 25,300 service hours and approximately $2 million was donated through employee giving, corporate matching funds and grants.

Governance Achievements

  • All employees are required to complete trainings on ethics and the company’s anti-bribery and corruption policies.
  • Maintains a confidential ethics helpline.
  • Zero-tolerance, non-retaliation policy in place.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Climate neutral across global operations by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Inflation impacting various aspects of the business, including increased costs to procure power and supply chain issues.
  • Risks associated with cybersecurity breaches.
  • Difficulties in implementing evolving organizational structure and recruiting/retaining key personnel.
  • Potential inadequacy of insurance coverage.
  • Construction delays and increased costs due to supply chain issues and inflation.
  • Risks associated with acquisitions and joint ventures.
  • Maintaining qualification for taxation as a REIT.
  • Climate change related physical risks (severe weather events).
Mitigation Strategies
  • Hedging, conservation, and other efficiencies to minimize energy cost risks.
  • Robust cybersecurity program, regular employee training, and incident simulations.
  • Investing in back-office information technology systems and processes.
  • Disaster recovery and business continuity plans.
  • Reserve of materials to mitigate supply chain issues and inflation.
  • Careful selection of partners for joint ventures.
  • Monitoring REIT compliance.
  • Implementing Sustainable Water Management Program.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: SASB, GRI, TCFD, UN SDGs

Certifications: ISO 14001:2015, ISO 50001:2011, LEED, USGBC Gold Member, U.S. EPA Energy Star for Data Centers, ISO 27001

Third-party Assurance: Independently assured to ISO 14064-3:2019 Standards

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • 1st in industry and 17th overall by JUST Capital
  • Diversity & Inclusion Index by Alliance for Global Inclusion
  • Diversity Equity & Inclusion Silver Award by NAREIT
  • #3 in Fortune 500 in Religious Equity Diversity Inclusion Award
  • 100 out of 100 score for Human Rights Campaign's Corporate Equality Index
  • Best Places to Work for IT by Computerworld