With the publication of its fourth annual ESG Report, Digital Realty reveals progress towards environmental goals – hitting the milestone of securing one gigawatt of IT capacity in accordance with sustainable building standards
Digital Realty also achieved 64% renewable energy coverage globally, up 14% from the previous year, while maintaining 100% renewable energy usage across its European and US colocation portfolios
AUSTIN, Texas , June 29, 2022 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data centers, colocation and interconnection solutions, has today published its fourth annual Environmental, Social and Governance (ESG) report – underlining a commitment to lead the global data center industry in sustainable environmental performance. The report demonstrates notable progress towards ESG goals, across more than 290 facilities in 50 metros across 26 countries on six continents.
Digital Realty has become the first data center operator to reach one gigawatt of IT capacity certified in accordance with sustainable building standards, after adding six new green building certifications in the U.S., U.K., and Japan in 2021. Having certified 34 data centers under the US Environmental Protection Agency's (EPA) Energy Star Certification program (67% of its US-owned and managed portfolio), Digital Realty is also leading the industry in energy efficient building. Digital Realty received the EPA Energy Star Partner of the Year – Sustained Excellence Award for its efforts in 2021.
Digital Realty achieved 64% renewable energy coverage globally in 2021, an increase of 14% from 2020 – with 100% renewable energy coverage for its U.S. colocation and Europe portfolios, as well as carbon neutrality in France. Digital Realty also expanded its renewable portfolio and added green assets to the energy grid, contracting for 118 megawatts (MW) of solar and wind to support its data centers in Georgia and Texas, bringing the total amount of solar and wind energy under contract in the U.S. to 910 MW.
In addition, progress was made toward Digital Realty's 2030 science-based carbon reduction targets, with the business achieving a 42% reduction in Scope 1 and 2 (direct and indirect) emissions, and an 11% reduction in Scope 3 (indirect emissions within the company's extended value chain). By 2030, Digital Realty has committed to reduce Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% per area, from 2018 levels.
Alongside impact made through sustainable building and renewable energy sourcing initiatives, Digital Realty also completed the issuance of two additional green bonds in 2021. Since 2015, the Company has raised more than $6 billion of green bonds through eight separate issues – Digital Realty is the leading issuer of green bonds throughout real estate investment trust (REIT) sector and the data center industry.
"The climate crisis, sustainability, diversity, equity and inclusion are some of the most critical issues facing society today," comments Aaron Binkley, VP Sustainability, Digital Realty. "How we respond to these challenges as a business is something we take extremely seriously."
"Solving them requires more ambitious thinking and radical action from governments, businesses, and consumers. For example, harnessing the power of data can help us innovate and scale the technologies required to deliver a sustainable environment for future generations. As data centers have become the central nervous system of the global digital economy, we have a responsibility to act. We're proud of the work we're doing in this area, but know we need to go further, push the boundaries, and accelerate our efforts across the ESG agenda."
"As we expand our global reach and customer base in 2022 and beyond, we remain committed to leading the industry in sustainable environmental performance and being a responsible partner to our customers and employer to the people who power our business," concludes Binkley.
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Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture (PDx™) solution methodology for scaling digital business and efficiently managing Data Gravity challenges. Digital Realty's global data center footprint gives customers access to the connected communities that matter to them with 290+ facilities in 50 metros across 26 countries on six continents. For more information, please visit digitalrealty.com or follow us on LinkedIn and Twitter .
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This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our sustainability goals, certifications and strategy and potential impact from sustainability initiatives. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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