Colt DCS Unveils Significant Sustainability Achievements in 2024

Colt DCS Unveils Significant Sustainability Achievements in 2024

Colt Data Centre Services (Colt DCS), a leading name in hyperscale data centre solutions, has released its sustainability highlights report for the year 2024. This third annual report emphasizes the company's impressive environmental achievements, reflecting a strong commitment to reducing its carbon footprint and enhancing sustainability practices.

In 2024, Colt DCS successfully achieved 90% renewable energy procurement across its global estate, a notable increase of 8% from the previous year. This significant milestone positions the company among the leaders in the transition to sustainable energy, marking a fundamental shift in how data centres operate.

Recognitions and Awards

Colt DCS secured the coveted EcoVadis Platinum rating, which places the company within the top 1% of assessed organizations in terms of environmental, social, and governance (ESG) performance. This achievement showcases Colt DCS's dedication to sustainability and responsible business practices.

Additionally, the data centre provider was honored with the 'Best Colocation Provider Sustainability Innovation of the Year' award at the Data Center Solutions (DCS) Awards, further demonstrating its commitment to sustainable innovation in the data centre sector.

Significant Environmental Efforts

The company reported a dramatic 32% reduction in absolute greenhouse gas emissions (Scopes 1, 2, and 3) compared to its 2019 base year, despite expanding its operational footprint. Recent expansions introduced new sites in key markets, including Osaka and Mumbai, which enhances Colt DCS's capacity to serve high-demand regions.

Remarkably, Colt DCS achieved a 100% reduction in Scope 2 emissions through its comprehensive procurement of renewable electricity. Meanwhile, Scope 3 emissions made up 98% of the company's total emissions in 2024 but saw a reduction of 26% from the baseline year.

Sustainability Initiatives and Future Goals

Colt DCS is consistently pursuing long-term sustainability initiatives. Among the highlights from 2024:

• 95% of waste diverted from landfill at its London North facility in the UK.
• 91% of suppliers committed to science-based climate targets.
• Designing all new facilities with a focus on renewable energy supply and energy-efficient cooling systems.

The company aims to achieve a 90% absolute reduction in Scope 1, 2, and 3 emissions by 2045, reinforcing its dedication to long-term sustainability.

Investment in Employee Development

Colt DCS also places significant emphasis on its workforce, launching initiatives like the DCS Employee Value Proposition (EVP) and the award-winning AI-powered "MyLearningHub" to foster professional growth. A recent employee survey indicated that 87% recommend Colt DCS as a fantastic workplace, up from 83% in the previous year.

Highlighting Risk Management Strategies

Given the increasing threats to critical infrastructure, Colt DCS has prioritized security, achieving ISO 27001 and SOC 2 Type II certifications. The company has also implemented a dedicated Risk Policy & Procedure to assess and manage sustainability-related risks, including the development of a comprehensive Climate Change Risk Register.

“For Colt DCS, 2024 was a phenomenal year of growth. Starting our hyperscale journey nine years ago coincided with a burgeoning cloud market valued at $111 billion. Today, it has surged to over $760 billion, spurred by increased demand across streaming, cloud services, and AI technologies,” remarked Niclas Sanfridsson, CEO of Colt DCS.

Looking ahead, the company remains resolute in its pursuit of net-zero emissions by 2045 while focusing on responsibility and innovation.

About Colt DCS

Colt DCS specializes in designing, building, and operating data centres tailored for global hyperscalers and large enterprises.

With a portfolio of 13 operational data centres and 19 additional facilities under development across various regions, Colt DCS enables its customers to effectively manage and plan for business growth while maintaining robust infrastructure resilience.

The company is committed to environmental stewardship, emphasizing the importance of sustainability as a core component of its business strategy. Colt DCS's sustainability roadmap outlines ambitious near- and long-term targets consistent with the latest Net Zero Standard from the Science Based Targets initiative.

Frequently Asked Questions

What significant sustainability achievement did Colt DCS reach in 2024?

Colt DCS achieved 90% renewable energy procurement across its global estate in 2024.

What award did Colt DCS win in 2024?

The company was awarded 'Best Colocation Provider Sustainability Innovation of the Year' at the DCS Awards.

How much did Colt DCS reduce its greenhouse gas emissions by?

Colt DCS reduced its absolute greenhouse gas emissions by 32% compared to its 2019 baseline.

What initiatives support employee development at Colt DCS?

Colt DCS launched the DCS Employee Value Proposition (EVP) and MyLearningHub for professional development.

What is Colt DCS's long-term climate goal?

The company aims to achieve a 90% absolute reduction in emissions by 2045.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.