Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:
Sign Up
| Overall Assessment |
Comment |
Score |
| Comprehensive |
Equinix Inc has demonstrated a comprehensive level of transparency in disclosing its climate lobbying activities. The company has explicitly named specific climate policies it has engaged with, such as the 'EU Energy Efficiency Directive,' the 'EU Emissions Trading Scheme (EU-ETS),' the 'UK Government Climate Change Agreements (CCAs),' and the 'European Code of Conduct for Energy Efficiency in Data Centres.' These disclosures include detailed engagement activities, such as recommending efficiency metrics and targets and purchasing allowances under the EU-ETS, showcasing a clear identification of policies and active engagement. Equinix has also provided detailed information about its lobbying mechanisms, including direct engagement with the European Commission, participation in trade associations like the European Data Centre Association (EUDCA), and specific actions such as conference calls, public comments, and in-person advocacy. The company identifies specific policymaking targets, such as 'Dominion Virginia's Integrated Resource Plan,' the 'EU Emissions Trading Scheme,' and the 'UK Government Climate Change Agreements,' further demonstrating transparency in its methods and entities involved. Additionally, Equinix has been transparent about the specific outcomes it aims to achieve, such as supporting the EU-ETS as an effective tool for emission reductions, advocating for more ambitious energy efficiency metrics under the EU Energy Efficiency Directive, and aligning its lobbying efforts with the Paris Agreement. The company also outlines measurable and ambitious targets under the 'Carbon Neutral Data Centre Operator Pact and Self-Regulatory Initiative,' including achieving carbon neutrality by 2030, improving energy efficiency, and purchasing 100% carbon-free energy. These disclosures reflect a clear and comprehensive approach to climate lobbying transparency.
|
4
|
| Overall Assessment |
Comment |
Score |
| Strong |
Equinix demonstrates strong governance processes for climate lobbying alignment, with clear oversight structures and monitoring mechanisms. The company has identified its Public Policy Director as the individual responsible for overseeing climate lobbying alignment, who "reports into Equinix's Compliance Office and up through to the Nominating and Governance Committee of the Board of Directors." This governance structure includes "meeting with the Nominating and Governance Committee of the Board of Directors at least twice per year to provide briefings on public policy activities and strategy." Equinix also describes a policy and process to ensure alignment of its lobbying activities with its climate change strategy, including "periodically reviewing Equinix's memberships in trade associations to determine whether they remain consistent with Equinix's public policy objectives" and "tracking, monitoring, and engaging with internal and external stakeholders on Equinix's core energy/environment policy issues." Furthermore, the company integrates its lobbying governance with its broader sustainability efforts, as the Public Policy Director "serves on Equinix's Sustainability Working Team and works with the Global Utilities & Renewable Energy team responsible for buying renewable energy around the world, providing policy updates monthly and ensuring consistency and alignment with our ESG/Sustainability program." Additionally, Equinix publishes its lobbying disclosures and public policy management approach on its website, ensuring transparency: "Equinix publishes its Public Policy management & approach, contributions policy, and lobbying disclosures clearly on its website: http://investor.equinix.com/corporate-governance/public-policy-activities." While Equinix does not explicitly mention conducting a detailed lobbying audit or publishing an annual lobbying report, its governance processes and oversight structures indicate strong alignment with climate-related goals.
|
3
|