Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has released its 2023 Responsible Business Report.
The report highlights the company’s progress in various focus areas and introduces the “One Vertiv, One World” plan, which aims to advance environmental stewardship, foster a safe and inclusive workplace, and conduct business responsibly.
In 2023, Vertiv concentrated on developing efficient products and systems, promoting responsible operations, and maintaining supply chain integrity. The “One Vertiv, One World” plan will guide the company’s efforts in creating long-term value for shareholders, customers, and communities.
Vertiv CEO Giordano Albertazzi emphasized the company’s commitment to sustainability: “We continue to advance our efforts to be a responsible global and corporate citizen while simultaneously providing products and services that help our customers achieve their own environmental sustainability goals. With demand for AI growing rapidly across the world, we at Vertiv are providing infrastructure products, systems, and services that enable our customers to advance their AI initiatives with high performance and a lower environmental impact.”
The report outlines several significant initiatives, including:
-High-Efficiency Cooling Solutions: Vertiv expanded its offerings of liquid cooling solutions and low-global warming potential (GWP) refrigerants to support AI initiatives with reduced environmental impact.
-Acquisition of CoolTera Ltd.: This acquisition brought advanced cooling expertise to Vertiv’s thermal management portfolio.
-Battery Energy Storage System (BESS): Vertiv introduced a new BESS with lithium-ion batteries, providing utility-scale energy storage for operational resilience and reduced carbon emissions.
-Vertiv™ TimberMod™: Featuring mass timber instead of steel for data center solutions, this product aims to minimize resource depletion and lower carbon footprints.
-Data Center Sustainability Guide: A refreshed guide with updated statistics and information to aid stakeholders.
-Operational Efficiency Efforts: Initiatives to track and refine metrics related to carbon emissions, energy consumption, water usage, and waste generation.
Regional Impact and Future Prospects
Paul Churchill, Vice President and General Manager at Vertiv Asia, highlighted the regional impact:
“Across Asia, we are seeing significant investments to develop efficient and environmentally responsible critical digital infrastructure solutions amid strong government push. Vertiv is passionate about helping our customers achieve their data center efficiency goals in support of their business sustainability strategy,” Churchill said.
Churchill also pointed to Vertiv’s collaboration with the Singapore Tropical Data Center Testbed as an example of their drive to advance efficiency. This project supports unique cooling requirements for tropical data centers and aims to foster industry innovation.
Commitment to Community and Integrity
The report also underscores Vertiv’s commitment to community impact and supply chain integrity. Examples include the Monterrey, Mexico facility’s water reclamation system and adherence to industry standards for responsible minerals, human rights, and labor conditions.
Vertiv’s comprehensive approach and the “One Vertiv, One World” plan reflect its dedication to responsible business practices and sustainability.
For more information, the full report is available for download at Vertiv.com.
