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CyrusOne unveils plans to become carbon neutral by 2040

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Data centre REIT CyrusOne (NASDAQ: CONE) has announced a pledge to become carbon neutral by 2040 through the reduction of carbon emissions across the company’s global data centre portfolio.

The company said it will focus on using renewable energy to power data centres, designing energy-efficient new buildings and upgrading existing facilities, to achieve this goal.

CyrusOne is focused on purchasing renewables, leveraging green power, and integrating sustainable design components for all facilities.

CyrusOne added that it is strategically evaluating upgrades and technologies that reduce carbon intensity and add renewable power to the grid.

“Making a pledge to become carbon neutral within the next 20 years is an important milestone in our mission to increase our global sustainability efforts, and help customers toward their sustainability goals,” said Bruce W. Duncan (pictured), President and CEO of CyrusOne.

“We recognise sustainability as a company-wide priority and are working to reduce our environmental footprint."

According to the company, its carbon neutral commitment supports recent global actions to offset carbon emissions.

Last year, CyrusOne announced that its London I, London II, and London III data centre facilities are running on 100% renewable energy, delivering sustainable infrastructure to customers globally. 

The 2040 carbon-neutral pledge will build on sustainable efforts put forward by CyrusOne, such as the utilisation of building management systems, economisers, and chillers.

CyrusOne said it will also publish its first, comprehensive Sustainability Report in October, highlighting the array of ESG initiatives the company is undertaking.

The company recently signed a Memorandum of Understanding (MoU) to jointly examine the economic and technical feasibility of a heat re-use project in the region.

The MoU follows collaboration among the three stakeholders over the last 12 months and it is expected to result in the capture of residual heat from CyrusOne’s Amsterdam I data centre’s water cooling process, which will feed into a new district heating network to heat 15,000 homes in the municipality.

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