CyrusOne Publishes Initial Sustainability Report
October 13 2020 - 08:00AM
Business Wire
Annual Report Measures Global Environmental
Progress for CyrusOne and Customers
CyrusOne Inc. (NASDAQ: CONE), a premier global data center real
estate investment trust (REIT), today published its 2020
Sustainability Report, highlighting progress toward its
sustainability goals and the company’s emphasis on building data
centers designed for a sustainable future. The annual report also
focuses on CyrusOne’s responsibilities to the community and its
stakeholders, showcasing how the company is fostering an inclusive
and diverse workplace and appropriately aligning incentives.
“As one of the largest colocation data center companies in the
world, we have a responsibility to reduce the environmental impact
that our facilities create and provide solutions compatible with a
sustainable future,” said Bruce W. Duncan, President, and Chief
Executive Officer at CyrusOne. “Our goal at CyrusOne is to empower
our customers with creative solutions that help them scale new
technology solutions while reducing our collective environmental
footprint.”
The CyrusOne 2020 Sustainability Report shares sustainability
progress and initiatives, encompassing energy and carbon, water,
habitat, social responsibility, and corporate governance.
Highlights include:
- Energy-Efficient Building Design: The
soon-to-be-completed Council Bluffs I data center incorporates
CyrusOne’s standardized build with many energy-efficient features.
Upon completion, the site will achieve low Power Usage
Effectiveness (PUE), without depleting local water supplies.
- Carbon Zero by 2040: As some first steps on CyrusOne’s
journey to zero carbon emissions, its London I, London II, London
III, and Amsterdam data centers are running on 100% renewable
energy, delivering sustainable infrastructure to customers
globally.
- Net-Positive Water in High-Stress Regions: CyrusOne’s
largest colocation data center campus in Chandler, Arizona, is
located in an extremely high water-stressed area. CyrusOne restored
40% more water than the facility used in 2019, creating a net
addition of water to the community.
- Onsite Habitat Improvement: CyrusOne’s Dublin location
incorporates a landscape design focused on creating areas of
grassland, wildflower meadows, and pollinator-friendly wetlands
with an emphasis on native plant species.
- Health, Safety, and Wellness: CyrusOne has robust
programs in place to help improve the health and well-being of
employees and local communities. This dedication has resulted in a
Recordable Injury Rate (RIR) for 2019, that was 1/3 of industry
peers, and Days Away, Restricted or Transferred (DART) came in at
40% better than the industry average.
“With our initial Sustainability Report, we focused on
transparency, taking a comprehensive view in evaluating our
environmental footprint,” said Kyle Myers, Director of
Environmental Health, Safety, and Sustainability, at CyrusOne.
“Traditionally, the industry focus is on PUE, without taking the
massive water usage needed to offset this number into
consideration, which is why we place a high emphasis on all types
of natural resources to evaluate a comprehensive global
impact.”
The CyrusOne 2020 Sustainability Report provides disclosure
compatible with three third-party standards, adhering to The
Taskforce for Climate-related Financial Disclosures (TFCD)
recommendations, the Global Reporting Initiative (GRI) standards,
and the Sustainability Accounting Standards Board (SASB)
guidance.
For more information on sustainability programs at CyrusOne,
visit the CyrusOne sustainability website.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in
design, construction and operation of more than 50 high-performance
data centers worldwide. The company provides mission-critical
facilities that ensure the continued operation of IT infrastructure
for approximately 1,000 customers, including approximately 200
Fortune 1,000 companies.
A leader in hybrid-cloud and multi-cloud deployments, CyrusOne
offers colocation, hyperscale, and build-to-suit environments that
help customers enhance the strategic connection of their essential
data infrastructure and support achievement of sustainability
goals. CyrusOne data centers offer world-class flexibility,
enabling clients to modernize, simplify, and rapidly respond to
changing demand. Combining exceptional financial strength with a
broad global footprint, CyrusOne provides customers with long-term
stability and strategic advantage at scale.
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts,
are statements that could be deemed forward-looking statements.
These statements are based on current expectations, estimates,
forecasts, and projections about the industries in which we operate
and the beliefs and assumptions of our management as of the date of
this press release. Words such as “pledges,” "expects,"
"anticipates," "predicts," "projects," "intends," "plans,"
"believes," "seeks," "estimates," "continues," "endeavors,"
"strives," "may," variations of such words and similar expressions
are intended to identify such forward-looking statements. In
addition, any statements that refer to projections of our future
financial performance or operations, our anticipated growth and
trends in our and our customers’ respective businesses and
industries, and other characterizations of future events or
circumstances, including statements about becoming carbon neutral
by 2040, are forward-looking statements. Readers are cautioned
these forward-looking statements are based on current expectations
and assumptions that are subject to risks and uncertainties, which
could cause our actual results to differ materially and adversely
from those reflected in the forward-looking statements. More
information on these risks and uncertainties and other potential
factors that could affect the Company’s business and financial
results is included in CyrusOne’s filings with the U.S. Securities
and Exchange Commission, including in the “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” sections of the Company’s most recently
filed periodic reports on Form 10-K and Form 10-Q and subsequent
filings. The Company disclaims any obligation other than as
required by law to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors
or for new information, data or methods, future events or other
changes.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201013005288/en/
Media Contact David M. Baum CyrusOne@allisonpr.com +1
646.428.0620
CyrusOne (NASDAQ:CONE)
Historical Stock Chart
From Feb 2024 to Mar 2024
CyrusOne (NASDAQ:CONE)
Historical Stock Chart
From Mar 2023 to Mar 2024