Stream Data Centers Enhances Commitment to Sustainability
In an exciting move to lead the industry in sustainability, Stream Data Centers has announced the release of its 2023 Sustainability Report. This report showcases the company's unwavering commitment to creating sustainable data infrastructure. With over 25 years of expertise in data center design, development, and operation, Stream is dedicated to enhancing environmental performance and adapting to climate challenges, while providing tailored solutions that cater to both the demands of its clients and the planet.
A Holistic View of Sustainability
Michael Lahoud, Co-Managing Partner and Chief Operations Officer at Stream, elaborates on the need for a comprehensive sustainability approach that goes beyond just environmental efforts. He states, "At Stream, sustainability is crucial in tackling global challenges. We actively invest in our workforce, our communities, and our data centers to guarantee they are not only safe and secure but also reliable and sustainable. This creates an essential sense of belonging for our employees and strengthens our commitment to sustainability in our facilities, which is vital for our long-term success."
Key Sustainability Priorities Identified
Through its 2023 Materiality Assessment, Stream Data Centers has pinpointed key sustainability priorities that align with its commitment to mindful building design and operational excellence. These priorities encompass greenhouse gas management, health, safety, employee wellbeing, diversity, talent attraction, and comprehensive security measures. As part of its corporate governance principles, Stream aims for high levels of transparency and accountability. This commitment not only fulfills the company's corporate responsibilities but is also a competitive advantage in attracting top-notch talent dedicated to sustainability initiatives.
Strategic Sustainability Goals
Stuart Lawrence, Vice President of Product Innovation and Sustainability, emphasized Stream's strategic focus on becoming a reliable partner for customers amidst a growing need for sustainable data solutions. He shared, "Our sustainability strategy allows Stream to tap into the increasing demand for eco-friendly data centers while effectively managing risk, encouraging innovation, and producing positive outcomes for all stakeholders involved. This commitment aids our clients in reaching their sustainability objectives as well."
With solid foundations in innovation and strong partnership with customers, Stream Data Centers is strategically positioned to contribute to the global drive for greener and more resilient digital infrastructures.
About Stream Data Centers
Stream Data Centers has honed its expertise as a trusted partner in delivering world-class data center solutions for over 25 years. With a steadfast focus on safety, security, and sustainable infrastructure, the company equips organizations to expand their digital frameworks while prioritizing environmental conservation. Showcasing a commitment to innovation and operational excellence, Stream Data Centers has successfully managed over 27 data center projects across various national locations and boasts an impressive leasing rate of 90% to Fortune 100 customers.
Stream’s services extend from site selection and data center construction to operations, offering bespoke colocation capacity and specialized facilities for hyperscale and enterprise needs. The company emphasizes low-risk land procurement alongside energy sourcing, highlighting its commitment to reducing market risks while providing renewable energy solutions.
As the technical real estate affiliate of Stream Realty Partners, headquartered in Dallas, Texas, Stream Data Centers thrives within a robust commercial real estate framework, engaging in a staggering $8.8 billion in annual transactions across 17 core markets.
Frequently Asked Questions
What are the main highlights of the 2023 Sustainability Report?
The report emphasizes Stream's commitment to sustainable practices, highlighting priorities like greenhouse gas management and employee wellbeing.
How does Stream Data Centers define sustainability?
Stream views sustainability as an all-encompassing commitment that addresses environmental, social, and economic challenges.
What is the importance of the Materiality Assessment?
The assessment helps identify key sustainability priorities, guiding Stream's strategic initiatives and corporate governance.
Who are the primary customers of Stream Data Centers?
Stream primarily serves Fortune 100 companies, offering them tailored, sustainable data center solutions.
How long has Stream Data Centers been in operation?
Stream has been an industry leader for over 25 years, focusing on innovative and sustainable data center solutions.
