Akamai Announces 2021 Sustainability Annual Report

About this update from Akamai Technologies, Inc.

[{"type":"text","content":"Significant progress made towards five global goals\n\n\nCAMBRIDGE, Mass., March 7, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution to power and protect digital experiences, today announced the publication of its Sustainability Report for 2021. The report includes updates on the company's five goals expected to be reached by 2030: 100% renewably sourced energy; 50% more energy-efficient platform; 100% platform emissions mitigation; responsible supply chain management; and global expansion of 100% e-waste recycling. Meaningful progress has been made towards each.\n\n \n \n \n \n \n \n\n \n\"In the past two years, the internet has become a critical lifeline for us all, powering the way we work, live, transact, learn, and play. However, this necessary tool accounts for a significant portion of global electricity demand,\" said Nicole Fitzpatrick, deputy general counsel and chief ESG officer. \"Akamai is dedicated to reducing the internet's carbon footprint and last year, announced high reaching goals to do so. We are pleased to report that we have made meaningful progress over the past year and continue to move forward.\"\n100% Renewably-sourced EnergyTo reduce the emissions impact from platform growth, Akamai focuses on adding renewable energy to the global grid. In 2021, over 50% of the Akamai Intelligent Edge Platform was powered by renewable energy. Of that, 20% was created by Akamai's three existing renewable energy projects: a wind farm in Texas, a solar array in Virginia, and a wind farm in Illinois. In 2021, to make further progress against this goal, Akamai entered into a fourth renewable energy project, the Enel Green Power Azure Sky wind project located in northern Texas. The new project is slated to come online in 2022.50% More Energy-Efficient PlatformA more efficient Akamai Intelligent Edge Platform is a critical step in using power effectively across Akamai's operations. The company's 2030 goal is to increase platform efficiency by 50%, as measured against its 2020 baseline. Since announcing its 2030 goals, during 2021, Akamai has made its network 28% more power efficient per unit of platform capacity, despite increases of 60%.100% Platform Emissions MitigationAkamai's goal is to mitigate 100% of its platform greenhouse gas emissions by 2030. This goal is especially ch...

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