The New Age of Sustainability: ESG & Hyperscalers

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By Kateryna Dubrova | 3Q 2021 | IN-6214

 

Data Centers are a Starting Point for Sustainability in the Tech World

NEWS


Over the past year, the idea of sustainability has been among the most discussed headlines globally, including the tech world. The climate change narrative accelerated global conversations on how corporations can or, instead, should contribute to global sustainability efforts. The technology world was also highly affected by this conversation, engaging hyperscalers and cloud providers in the topic of Corporate Sustainable Responsibility (CSR). Subsequently, the ESG (environmental, social, and governance) criteria are standards for a company's operations that socially conscious investors use to screen potential investments.

In May 2021, Google announced a partnership with the AES Corp. to supply 24/7 carbon-free energy to Google's data centers. Amazon announced a US$2 Billion Climate Pledge Fund to invest in companies’ technologies to decarbonize the economy and run a 1...

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