Equinix

Internet
EQIX
$ 688 (0.2)%
Share price
$ 63 bn
Market Cap
$ 76 bn
Enterprise Value

Carbon footprint

5 Ton
GHG emissions per $ 1 mln investment
0.17x the weighted average for S&P 500
FY2020
How is this calculated?
+10%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
In line with the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Equinix aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Equinix's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Equinix's GHG emissions (market-based) (Kt of CO2e)
Equinix's Carbon intensity (Tons per 1 USDm)

Equinix's carbon footprint

Equinix reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 383 Kt (+36/+10% y-o-y). Carbon intensity also grew to 64 t (+1.5/+2.4% y-o-y).

Equinix's Scope 3 emissions climbed to 1,311 Kt (+585/+81% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -21 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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