GDS Holdings Limited Releases Comprehensive 2023 ESG Report
GDS Holdings Limited Releases Comprehensive 2023 ESG Report
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a prominent developer and operator of high-performance data centers in China and South East Asia, has announced the release of its 2023 Environmental, Social and Governance (ESG) report. This report outlines the Company's ongoing sustainability efforts and highlights its ESG performance.
Significant Achievements in Renewable Energy
In a notable advancement, GDS has successfully integrated a diverse strategy for renewable energy use and has achieved a remarkable 38% renewable energy usage in 2023. Furthermore, 41 of its data centers have received certification as green data centers. This proactive transition to renewable energy, alongside the operation of green data centers, contributed to a significant reduction in the Company's carbon intensity, which decreased to 1,221 tCO2e/mil. USD in 2023.
Commitment to Science-Based Targets
To further ensure that its carbon reduction objectives align with global climate goals, GDS embarked on the Science Based Targets initiative (SBTi). This initiative charts a definitive course for carbon reduction while enhancing the Company’s capacity to manage climate risks and build stakeholder trust.
Forward-Thinking Corporate Governance
Mr. William Huang, Chairman and CEO of GDS, expressed excitement regarding the Company’s future ambitions. "Over the past year, we have continued to drive forward on our path to carbon neutrality by 2030. We are dedicated to evolving into a green intelligent infrastructure platform that paves the way for a sustainable future. Our strategy is anchored in a deep commitment to ESG principles that permeate every aspect of our operations and define our corporate ethos. By integrating sustainability into our core activities, we not only enhance operational excellence but also uphold responsible corporate governance," he stated.
Innovation for Lasting Growth
Huang emphasized that the innovative practices GDS implements not only foster enduring growth for the Company but also set a standard within the industry, enhancing the overall commitment to sustainable practices.
The Importance of ESG Reporting
ESG reports are increasingly vital for companies seeking to showcase their commitments towards environmental stewardship and social responsibility. For stakeholders, this transparency can enhance trust and strengthen relationships with customers and investors alike as they strive to align their investments and partnerships with ethical firms.
Access to the Full ESG Report
For those interested in reviewing the complete 2023 ESG report, it is accessible through the ESG section on the GDS corporate website. The report is structured to provide a detailed overview of GDS's sustainability strategies, achievements, and future aspirations in environmental governance.
About GDS Holdings Limited
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leader in the development and operation of high-performance data centers across China and South East Asia. The Company’s facilities are strategically placed in key economic areas, catering to a concentrated demand for high-performance data center services. GDS also customizes data centers in various locations as per its clients’ broader requirements, ensuring flexible service delivery.
Exceptional Infrastructure and Services
With a large net floor area and high power capacity that ensures efficiency, GDS’s data centers are equipped with multiple redundancies across all critical systems. Being carrier and cloud-neutral allows GDS clients to connect with leading telecommunications networks and both domestic and global public cloud platforms, enhancing operational capabilities.
The Company has built a robust reputation over its 23-year service delivery, catering to some of the most significant and demanding clients in need of outsourced data center services. Its diverse customer base comprises hyperscale cloud service providers, major internet companies, financial institutions, telecommunications carriers, and multinational corporations.
Contact for Inquiries
For investor and media inquiries, GDS Holdings Limited can be reached at:
GDS Holdings Limited
Laura Chen
Phone: +86 (21) 2029-2203
Email: ir@gds-services.com
Piacente Financial Communications
Ross Warner
Phone: +86 (10) 6508-0677
Email: GDS@tpg-ir.com
Brandi Piacente
Phone: +1 (212) 481-2050
Email: GDS@tpg-ir.com
Frequently Asked Questions
What is the main focus of the 2023 ESG report from GDS?
The 2023 ESG report focuses on GDS Holdings’ efforts towards sustainability, renewable energy usage, and corporate governance improvements.
How much renewable energy did GDS achieve in 2023?
GDS achieved a renewable energy usage of 38% in 2023.
What is the significance of GDS's certification as a green data center?
The certification indicates GDS's commitment to environmentally sustainable practices and confirms that 41 of its data centers meet strict green standards.
What initiative is GDS involved in to ensure climate goal alignment?
GDS participates in the Science Based Targets initiative (SBTi), which helps align carbon reduction targets with global climate goals.
How can stakeholders access GDS’s ESG report?
The ESG report can be accessed through the ESG section on GDS's corporate website.
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/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Analyzing Recent Options Trends for Celsius Holdings
- Perma-Pipe International Holdings Achieves New 52-Week High
- KLA's Earnings Potential: Analyzing the Next Report Outlook
- Understanding Nu Holdings' Current Options Trading Landscape
- Analyzing Market Sentiment for Kaixin Holdings and KXIN
- emeis Reports Strong 2024 Half-Year Results with Growth
- Fitness Champs Holdings Limited Launches Exciting IPO Opportunity
- PSP Holdings Expands with New Five Guys Location in South Carolina
- Wellchange Holdings Launches Successful IPO on Nasdaq Market
- Wellchange Holdings Successfully Completes 2 Million Share IPO
Recent Articles
- Kvika Bank's Executive Committee and Board Changes
- OKX Introduces New USDC Spot Trading Pairs
- Šiauli? Bankas AB Plans Senior Preferred Note Offering
- AI Revolution: Nvidia, Arm, and Broadcom Insights
- Hybrid Cloud Market Expected to Hit $414.1 Billion by 2032
- Industrial Gas Regulator Market Set to Exceed $24.9 Billion
- Exploring Blockchain Technology's Impact on Logistics Growth
- Extraordinary General Meeting Notice for RIAS A/S
- European Commission Approves Amivantamab for NSCLC Treatment
- Crypto Millionaires Surge: A New Financial Era
- Sourdough Market Expected to Reach $5.15 Billion by 2032
- Global Dry Ice Market Forecast: Growth to $703.20 Million
- RedotPay Achieves VASP Registration for Enhanced Services
- Results of Recent Riksbank Certificate Auction
- Oculis Financial Results & Clinical Update for Q2 2024
- Oculis Reports Strong Q2 2024 Results and Milestones
- Man Group PLC Update on Keywords Studios plc Position
- Man Group PLC Reveals Information on International Paper Company
- NNIT A/S Reports 11% Organic Growth in Q2 2024
- Conditions for Sale of Riksbank Certificates Explained
- Innovative Hydrogen Applications in Drone Technology
- Kaspi.kz's Interest in Investing in Uzbekistan's Humo System
- Eckoh Plc - Summary of Recent Public Trading Disclosure
- Havila Kystruten AS Announces Q2 2024 Earnings Call Details
- UAB Orkela Announces Hotel Management Agreement
- Comprehensive Financial Calendar 2024-2025 for Rovsing A/S
- BHP Group's Strategic Shift Towards Copper Expansion
- Projection of Mobile Food Services Market Growth
- Heat Resistant Coating Market Forecast to USD 10.3 Billion
- Nokia Partners with Claro Argentina for 5G Deployment
- New Student Hotel Construction Project in Riga
- Managerial Transactions Disclosure Overview
- Spar Nord Bank Share Buyback Update for Week 34
- Morgan Stanley Reduces Shareholding in NKT A/S
- Valeura Energy Inc. Achieves Oil Production Milestone
- PDD Holdings Faces Struggles Amidst Economic Decline
- Reorganization Announcement for INVL Baltic Real Estate
- Alex Bastian Appointed as VP of Commercial Strategy at Memo Therapeutics AG
- Global Aircraft MRO Market Forecast and Insights
- Tamasha Expands Its Reach with International Cricket Streaming
- ICG Enterprise Trust Plc Announces Share Buyback
- PayPoint plc Announces Share Buyback Program Details
- Agillic A/S Reports on H1 2024 Financial Results
- ING Reports Successful Share Buyback Progress
- Equinor ASA Executes Significant Share Buy-Back Programme
- Bavarian Nordic Secures JYNNEOS Vaccine Approval in Singapore
- Endeavour Mining Signs Settlement with Lilium Gold
- Green Hydrogen Systems Reports Robust H1 2024 Performance
- Boussard & Gavaudan Holding Limited NAV Summary
- Automotive NVH Materials Market Forecast to 2033