LAS
VEGAS, April 15, 2022 /PRNewswire/ -- Switch,
Inc. (NYSE: SWCH) ("Switch"), the exascale technology
infrastructure corporation, today issued its 2021 Environmental,
Social and Governance (ESG) Report, which is prepared in accordance
with GRI, TCFD, GRESB, and SASB reporting frameworks. The report
highlights Switch's leadership and accomplishments in environmental
stewardship, social commitment and sound corporate governance.
"My vision for Switch is to sustainably power the future of the
connected world by providing the most secure, energy-efficient
technology ecosystems to facilitate digital commerce, while doing
our part to enhance human productivity and drive economic
prosperity," said Switch founder and CEO Rob Roy. "I believe that data runs the
planet, but it should not ruin the planet. To demonstrate the
tangible impacts of this vision, we are pleased to announce that
Switch's 100% renewably powered data centers and verified
carbon reduction projects resulted in a net zero Scope 1 and Scope
2 carbon footprint in 2021."
Switch's 2021 ESG Report highlights include:
Environmental
- 100% Renewable Power
- Net ZERO Scope 2 Emissions
- Net ZERO Scope 1 Emissions
- Net Positive Water Projects Commenced
Social
- Equitable Male / Female Pay Ratio
- 42% Ethnic Diversity Across Total Workforce
- Semi-Annual Employee Pulse Survey
- Mental Health Virtual Sessions
Governance
- 7 out of 9 Independent Directors (78%)
- 3 Female Board Members
- Performance-Based Executive Compensation Plan
- Board Oversight of ESG
- Zero Security Breaches
Most recently, Switch was named by Newsweek magazine as
one of "America's Most Responsible Companies," reflecting our
commitment to ESG, Corporate Social Responsibility, Sustainability
and Overall Corporate Citizenship. Switch also scored the highest
environmental rating on S&P Global's ESG Indicator Report Card
and is the only company to achieve an E-1 rating amongst more
than 70 other domestic Telecom and Data Center Companies. Switch
also received scores for Social (S-2) and Governance (G-2) which
were among the highest in its peer group.
"The company's unique facility designs and renewable energy
usage make it better positioned than its broader peer group and
allow for better operational efficiency and lower prices to
customers, supporting its competitive position. The company has
achieved 100% renewable energy power consumption with zero Scope 2
carbon emissions since 2016. As of 2021, Switch is also zero Scope
1 emissions. Separately, its patented innovations in design, power,
cooling, and density allow its data centers to operate with
industry-leading power usage efficiency." – S&P Global ESG
Credit Indicator Report Card.
Switch was also awarded the Environmental Protection Agency's
ENERGY STAR Certification for superior energy efficiency and has
for the third year in a row been recognized as a top-ranked EPA
Green Power Partner – a program to help build the American green
power industry.
Since its founding, Switch has embraced a culture of diversity,
equality and inclusion. Switch is also heavily invested in the
health and well-being of its employees. As part of the Switch ESG
strategy, Switch has taken its commitment to physical health to the
next level with the addition of our newest department, LIFE MUSE.
This health and wellness division was created by our founder and
CEO Rob Roy and is under the
guidance of Quinn Pauly, MD, FAAFP.
This innovative corporate wellness and lifestyle platform
incorporate the pillars of overall health, fitness, recovery,
nutrition, meditation, mental well-being and professional
development.
A full copy of the 2021 ESG report can be found here.
About Switch
Switch (NYSE: SWCH) is the independent leader in exascale data
center ecosystems, edge data center designs, industry-leading
telecommunications solutions, and next-generation technology
innovation. Switch Founder and CEO Rob
Roy has developed more than 700 issued and pending patent
claims covering data center designs that have manifested into the
company's world-renowned data centers and technology solutions.
We innovate to sustainably progress the digital foundation of
the connected world with a focus on enterprise-class and emerging
hybrid cloud solutions. The Switch PRIMES, located in Las Vegas and Tahoe
Reno, Nevada; Grand Rapids,
Michigan; Atlanta, Georgia;
and Austin, Texas, are the world's
most powerful exascale data center campus ecosystems with low
latency to major U.S. markets. Visit switch.com for more
information and follow us on LinkedIn, Facebook, and Twitter.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/switch-issues-annual-environmental-social-and-governance-report-301526436.html
SOURCE Switch, Inc.
