Equinix: Equinix's $1.2 billion in green bonds will enhance its data center sustainability

Apr 07, 2022 | Posted by MadalineDunn

In its latest sustainability effort, Equinix has announced $1.2 billion of "green bonds," the fourth green bond the company has issued. Now the company's total green bonds stand at $4.9 billion. According to the company, the company will use these funds to push forward its sustainability initiatives, including reducing its Scope 3 emissions and transforming its data centers into green, carbon-neutral facilities. 

Equinix has already pledged to halve its direct emissions by 2030, and in light of new SEC regulations, is pushing forward its sustainability goals. It is also now the fourth largest global issuer in the investment-grade green bond market.

Speaking about this news, Keith Taylor, Chief Financial Officer, Equinix, said: "We are proud that Equinix is now the fourth largest issuer of green bonds globally. With the capital generated from this financing, we will continue to strengthen our longstanding environmental commitments while aligning our sustainability strategy with our capital needs."