Digital Realty Publishes Third Annual ESG Report

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Jun 16, 2021, 06:30 ET

AUSTIN, Texas, June 16, 2021 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, has published its third annual Environmental, Social and Governance (ESG) Report, providing transparency on the company's ESG performance for 2020 along with a comprehensive overview of its commitment to clean energy, resource conservation, diversity, equity and inclusion as well as other sustainable business practices.

In 2020, Digital Realty committed to reducing its Scope 1 and 2 (direct and indirect emissions) by 68% and Scope 3 (indirect emissions within the company's extended value chain) by 24% per area by 2030 from 2018 levels. These goals are in line with a 1.5-degree climate change scenario and have been validated by the Science-Based Targets initiative.

"We took meaningful action to advance our ESG priorities in 2020, establishing ambitious climate impact reduction targets, significantly expanding our social justice efforts and enhancing the diversity of our Board," said Digital Realty Chief Executive Officer A. William Stein. "We are doing our best to play a constructive, proactive role in advancing our objective of delivering sustainable growth for stakeholders, customers, employees and the communities we serve around the world."

2020 ESG Report Highlights:

Renewable Energy: Digital Realty added 154 megawatts of renewables in 2020, bringing the total onsite solar and wind energy under long-term contracts to 556 megawatts. All of Digital Realty's European properties as well as its U.S. colocation business are 100% powered by renewable energy. Digital Realty's operational virtual power purchase agreements produced 698,662 megawatt hours of wind and solar energy in 2020, enough to meet the electricity needs of approximately 90,000 homes for one year. Digital Realty's global portfolio is now 50% renewable, up significantly from 30% in 2019, while total energy consumption increased 24% in 2020.

Green Buildings and Energy Efficiency: Digital Realty certified an industry-leading 31 data centers under the Environmental Protection Agency (EPA) ENERGY STAR program in 2020, bringing the total IT load certified through ENERGY STAR to 627 megawatts, saving 1.3 million metric tons of carbon emissions annually, or the equivalent of powering 229,000 average U.S. homes. Digital Realty was also recognized by the EPA as an ENERGY STAR Partner of the Year in 2020 and again in 2021. Digital Realty also completed two LEED-Silver, one BREEAM-Gold and one BCA Green Mark Platinum certification for various construction and redevelopment projects in 2020, bringing total green building certifications to 11 million square feet encompassing 810 megawatts of IT capacity.

Diversity and Inclusion: In 2020, Digital Realty formally launched its Diversity, Equity and Inclusion (DEI) employee leadership council to lead the company's global DEI effort and added DEI as a fourth pillar within the company's philanthropic focus. The DEI council has subsequently launched employee resource groups for Veterans, Black and LGBTQ+ members and allies, joining the well-established Women's Leadership Forum.

Resiliency: In 2020, Digital Realty effectively managed the effects of the global COVID-19 pandemic by executing on the company's existing business continuity and pandemic response plans while rapidly developing and implementing controls to ensure the safety and security of customers and employees. Digital Realty achieved "five nines" (99.999%) of uptime for the 14^th consecutive year in 2020, successfully navigating extreme weather events including the California wildfires and the Texas winter freeze.

Digital Realty's 2020 ESG efforts were widely recognized:

2020 Nareit Leader in the Light Award as the Data Center Sector Leader for excellence in sustainability for the fourth consecutive year
2021 EPA ENERGY STAR Partner of the Year Award for the second consecutive year
Newsweek's Most Responsible Companies 2021, ranking the 400 most responsible U.S. based companies. Digital Realty ranked as the top data center company on the list
JUST Capital Most JUST Companies. Digital Realty ranked as the top real estate company of 43 on the list.

Digital Realty's 2020 ESG Report has received third-party assurance, is aligned with the Taskforce for Climate-Related Financial Disclosures (TCFD) and has been compiled in accordance with the Global Reporting Initiative (GRI) Standards: Core option. The full report, including greater detail on Digital Realty's corporate ESG strategy and objectives, can be found here.

Additional Resources:

CEO Blog: Digital Realty's global commitment to reducing its carbon footprint
Read press releases: Digital Realty reaches new wind and solar energy agreements to power Texas data centers in 2020 and Interxion France targets carbon neutral certification by year-end 2020
More information Digital Realty's ESG practices

About Digital Realty
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 47 metros across 24 countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.

Media & Industry Analyst Relations
Marc Musgrove
Digital Realty
+1 (415) 508-2812
[email protected]

Investor Relations
John Stewart / Jim Huseby
Digital Realty
+1 (415) 738-6500
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Safe Harbor Statement
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.

SOURCE Digital Realty