Chindata Group releases 2020 Environmental, Social and Governance (ESG) Report
Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, has released its second annual Environmental, Social and Governance (ESG) Report today, which highlights the company's 2020 ESG results towards its 2030 carbon-neutrality goal and digital-inclusiveness vision.
With the theme of "Inspiring with Power", the Report includes a detailed roadmap for carbon neutrality, demonstrating Chindata Group's sustainability and digital prosperity values. In December 2020, Chindata Group announced that all its hyperscale data centers in China would source 100 percent renewable energy and invest in clean energy with an installed capacity of no less than 2GW by 2030.
Mr Alex Ju, Founder and Chief Executive Officer, Chindata Group, commented, "Chindata Group is the first digital technology company in China to release a carbon-neutral roadmap. We focus on mastering the core technologies in key areas to address digital development challenges, laying a solid foundation for a more sustainable and inclusive digital life for all."
Some of the key highlights are:
Fifty-one percent of its owned data centers were powered by renewable energy, a 14 percent increase from 37 percent in 2019, making it the best performing digital technology company in terms of sustainability.
In 2020, Chindata Group reduced 368,886 tons of carbon dioxide emission, an equivalent of planting about 200,000 trees every day.
Chindata Group is China's first data center company to disclose its power usage exceeding 1 billion kWh in 2020 and energy savings reaching 391,640,000 kWh.
Chindata Group published its inaugural ESG Report in 2019, after setting a long-standing goal of achieving 100 percent renewable energy for its hyperscale data center clusters.
