{"id":72021,"date":"2023-06-01T11:53:00","date_gmt":"2023-06-01T07:53:00","guid":{"rendered":"https:\/\/techxmedia.com\/?p=72021"},"modified":"2023-06-01T11:53:38","modified_gmt":"2023-06-01T07:53:38","slug":"esg-report-released-by-vertiv-for-2022","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/esg-report-released-by-vertiv-for-2022\/","title":{"rendered":"ESG report released by Vertiv for 2022"},"content":{"rendered":"\n<p>Vertiv, a global provider of critical digital infrastructure and business continuity solutions, today released its second annual report on the company&#8217;s environmental, social, and governance (ESG) efforts, highlighting initiatives in a variety of key areas.<\/p>\n\n\n\n<p>In 2022, efforts focused on six areas key to the company\u2019s vision and values: efficient products and systems, responsible operations, its people, its neighbors, supply chain integrity, and governance. Some of the initiatives and results highlighted in the report include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The expansion of both the product portfolio and the product pipeline with new and upgraded offerings with energy- and water-efficiency attributes.<\/li><li>Release of the Vertiv Guide to Data Center Sustainability, an online resource of practices and emerging technologies to help the industry advance toward net-zero operations.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Launch of diversity, equity, and inclusion (DE&amp;I) training sessions for senior management and other global and regional leaders and continued training on unconscious bias.<\/li><li>Centralizing and expanding employee wellness programs for associates globally.<\/li><li>Driving positive change in communities across the globe through employee volunteerism supported by the company, focusing on education and STEM, people in need, healthcare, and community improvements.<\/li><li>Steps taken in 2022 to reduce the environmental impacts of Vertiv\u2019s business. Across Europe, Middle East, and Africa (EMEA), several factories have purchased renewable energy for operations, and Vertiv\u2019s E+I Engineering Burnfoot location in Ireland installed a system that recycles and reuses all process water in manufacturing, reducing the overall water consumption of the site. In North America, the Delaware, Ohio, U.S. facility began installation of an on-site solar field, to support a microgrid demonstration initiative.&nbsp;<\/li><li>Continued commitment to supply chain integrity, analyzing 100% of the prior year supplier spend and conducting additional due diligence on more than 500 direct and indirect suppliers to assure compliance with leading industry standards for human rights and labor conditions.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/techxmedia.com\/wp-content\/uploads\/2023\/06\/Image-1.jpeg\" alt=\"\" class=\"wp-image-72025\" width=\"622\" height=\"467\" srcset=\"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2023\/06\/Image-1.jpeg 1000w, https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2023\/06\/Image-1-300x225.jpeg 300w, https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2023\/06\/Image-1-768x576.jpeg 768w\" sizes=\"auto, (max-width: 622px) 100vw, 622px\" \/><\/figure><\/div>\n\n\n<p>\u201cWe have made steady advancement in our commitment to be a responsible global and corporate citizen,\u201d said Giordano Albertazzi, Vertiv CEO. \u201cWe are creating reliable, water- and energy-efficient products and systems that support the environmental objectives of our customers, while improving our own policies and impact related to our operations, our people, our communities, and our supply chain. We are proud to share our work on these fronts with the world.\u201d<\/p>\n\n\n\n<p>This year\u2019s ESG report also introduces reporting aligned to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), a leading framework for communicating the management of climate risks and opportunities and how these impact Vertiv\u2019s business strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vertiv, a global provider of critical digital infrastructure and business continuity solutions, today released its second annual report on the company&#8217;s environmental, social, and governance (ESG) efforts, highlighting initiatives in a variety of key areas.<\/p>\n","protected":false},"author":8,"featured_media":72023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9617],"tags":[1799,93,77,7151],"contributor":[9732],"class_list":["post-72021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-annual_report","tag-sustainability","tag-technology","tag-vertiv","contributor-news-desk"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2023\/06\/Image-2-Featured-1.png","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - 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