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Iron Mountain Incorporated (delaware)
May 5, 2026 at 10:42 PM UTC
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Iron Mountain Incorporated: Corporate Sustainability Report (2025 corporate responsibility report)

Iron Mountain

2025







Sustainability Report



  1. Letter from our President and CEO

  2. About Iron Mountain

09 Safeguarding customer trust

13 Protecting our planet

19 Empowering our people

24 Strengthening our communities

29 Sustainability performance

41 Double materiality assessment and stakeholder engagement

45 Global Reporting Initiative (GRI) index

62 Appendix A: UN Sustainable Development Goals

64 Appendix B: External assurance statement

71 Appendix C: Forward-looking statements

2

This report represents our commitment to enhancing stakeholder awareness of our sustainability priorities and describes how

our performance is contributing to long-term value creation and a sustainable, responsible, and customer-centric business model.

‌Letter from our President and CEO

As I reflect on the past year, we have continued to navigate a complex and rapidly changing global landscape. From geopolitical tensions and economic shifts to the increasing frequency of extreme weather, our company, customers, and communities face significant challenges.

At Iron Mountain, we are driven every day by our purpose: to protect and elevate the power of our customers' work. We foster a culture of inclusion and belonging, which fuels innovation and supports our growth.

In these times, our commitment to operating responsibly-ensuring the safety of our Mountaineers and steadfastly pursuing our long-term sustainability goals-has never been more vital. I am incredibly proud that in 2025, we recorded our safest year on record in terms of both total recordable incident rate and lost time incident rate. This achievement underscores our core value of "owning safety and security" and our dedication to protecting each other and our customers' assets as if they were our own.

Expanding our solutions

We continue to scale our service offerings to help our customers achieve both their business and sustainability objectives. This includes broadening the reach of our Asset Lifecycle Management (ALM) business to address the interconnected challenges of data security, affordability, and sustainability.

Furthermore, as we embrace AI-led solutions and processes that drive value for our customers and shareowners, we remain dedicated to the highest standards of data privacy and ethical information governance.

Delivering on our commitments

We remain steadfast in our sustainability commitments. We continue to make progress toward our near-term emissions reduction and Net Zero by 2040 targets, which are validated by the Science Based Targets initiative (SBTi). To date, we have achieved a 16% reduction in greenhouse gas (GHG) emissions since our 2022 baseline. We are pioneering innovative strategies to accelerate this progress, such as deploying electric and hybrid mobile shred units (MSUs) and developing a concept-stage Battery Energy Storage System (BESS) for our data centers to enhance local grid resilience.

Collaborating with partners

Collaboration is key to securing a sustainable future. We are holding our suppliers to the same high standards we set for ourselves, recognizing they are an essential extension of our business. By expanding our supply chain due diligence and engaging critical partners, we reduce risk and support our climate targets.

This report provides a comprehensive overview of our progress and our aspirations for the future. We invite you to join us as we continue to climb higher, building a more resilient and sustainable world for everyone.

Yours sincerely,



William L. Meaney

President and CEO, Iron Mountain

Iron Mountain 2025 | Sustainability Report

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‌About Iron Mountain

4

About Iron Mountain

Our purpose

To protect and elevate the power of our customers' work

Every day, organizations generate more content, data, devices, documents, archives, and digital artifacts-adding complexity, not clarity. Most of it remains unseen, underused, and scattered across systems or lost in storage. In a world defined by speed and AI, progress doesn't come from more information but from unlocking the value in what already exists.

At Iron Mountain, we believe information has power when it's protected, connected, and activated. And we've been building on this belief for over 70 years as the trusted steward of the world's most valuable assets.

We help organizations of all sizes seamlessly manage their digital and physical assets across their lifecycle-making them visible, secure, accessible, and AI ready.

From payments to pathology, mortgages to media, fine art to IT-we are the trusted partner to 95% of the Fortune 1000 to unlock the value from what's already within reach. Transforming information into intelligence and assets into advantage.

Key facts and figures

Awards and recognition











  • Listed on the 2025 FTSE4Good Index

  • Scored 100 on the 2025 Disability Index

  • Received ITAD Company of the Year award at the ITAD Summit

  • Achieved an 'A' score on the CDP Supplier Engagement Assessment (SEA)

    61

    countries

    70+

    years of proven

    experience

    $6.9B

    US fiscal 2025 revenue

    240,000+

    customers

    ~1,340

    facilities

    740+M

    cubic feet of customer assets stored

    29,400

    employees

    98M

    sq ft of real estate

    95%

    of the Fortune 1000

    are customers

    • Achieved the Equality 100 Award from the Human Rights Campaign Foundation

    • Awarded Silver Medal Sustainability Rating by EcoVadis

    • Received the CBRE Sustainability Excellence Award

    • Awarded top honor in AI Implementation at Tech Top 50 Awards by Mass Technology Leadership Council

    • Recognized as a Great Place To Work in 12 locations

      In compliance with Regulation (EU) 2024/3005, please visit the FTSE Russell ESG Ratings Disclosure page, CDP Full Corporate Scoring Methodology page, and EcoVadis ESG Ratings Methodology page for detailed information on the rating methodologies, data sources, and ESG weighting factors.

      Iron Mountain 2025 | Sustainability Report 5

      Customer connections



      About Iron Mountain



      Our approach to sustainability

      Securing a sustainable future

      As a global leader in innovative solutions, data center infrastructure, and asset lifecycle and information management services, we strive to take responsibility for a sustainable future by unlocking opportunities in our operations and beyond.

      Iron Mountain has embedded sustainability across its organizational processes to optimize performance and meet stakeholder needs. Our collaborative approach enables customers to make better decisions about how they manage their most valuable information and assets, prioritizes employee well-being and development, and supports our local communities.

      2025 Education Series

      Iron Mountain hosts an annual Education Series to help our clients grow and refine their digital information management capabilities as they continue to evolve and adapt to today's technology-driven landscape.

      Our 2025 Education Series "Prepared and aware in the age of AI" is designed to equip business leaders with the knowledge needed to thrive in this dynamic environment.

      Six expert-led sessions dove into topics including:

      • Navigating the latest in compliance requirements and regulatory practices

      • Optimizing data management strategies to ensure security and accessibility

      • Exploring new options for responsible data disposition

      • Developing a data-driven mindset to harness the power of AI

      • Embracing change as an Information Management professional

      • Anticipating future trends and preparing for the challenges ahead

      You can view our education series webinars, blogs, and articles here. 6

      Our four sustainability pillars



      Safeguarding customer trust

      To be our customers' most trusted partner for unlocking business value



      Protecting our planet



      Empowering our people

      To take responsibility for a sustainable future by unlocking opportunities in our operations and beyond

      To have past, current, and future employees view their experiences at Iron Mountain as an accomplishment and a source of pride

      Strengthening our communities

      To catalyze positive change in the communities in which we operate

      Iron Mountain 2025 | Sustainability Report

      About Iron Mountain

      Sustainability oversight

      We believe that executive oversight and leadership are essential to delivering on our sustainability commitments and promoting trust in what we say and do.

      Our governance framework is designed to provide oversight of our:

  • Progress against our global sustainability strategy and goals with a view of our programs and processes to meet those targets

  • Business unit planning to help support the attainment of the enterprise sustainability goals

  • Processes to measure and report on progress in alignment with regulatory requirements and voluntary reporting frameworks

  • Process to identify, assess, and manage climate-related risks

    These objectives are achieved through a multi-layered leadership model focused on the management and oversight of key sustainability issues. On behalf of our board of directors, the Nominating and Governance Committee has primary responsibility for overseeing Iron Mountain's strategy, goals, reporting, and environmental, social, and governance (ESG) risks. The Nominating and Governance Committee has responsibility for coordinating such oversight with the full Board, as it deems appropriate, for reviewing the Company's ESG initiatives, monitoring key performance metrics and addressing emerging ESG issues.

    Our Sustainability Steering Committee (SSC) is chaired by our General Counsel and Corporate Secretary and includes business and functional leaders. The SSC is responsible for allocating resources as needed to implement our sustainability strategy and meet objectives, monitoring sustainability performance against company goals, and reporting to the Nominating and Governance Committee and full Board on our sustainability program and our progress.

    Iron Mountain 2025 | Sustainability Report

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    About Iron Mountain

    Our sustainability goals

    Protecting our planet

    Empowering our people

    Strengthening our communities

    What our role is

    What our role is

    What our role is

    We embrace our responsibility to contribute to the fight for a net-zero

    We work together to create a workplace where employees' authentic

    Our impact extends beyond the walls of our facilities. We contribute positively

    future. We seek opportunities to improve environmental performance

    selves are welcomed, accepted, and included. When we fuel innovation

    to the communities in which we operate by leveraging the unique capabilities

    within our operations. We enable our customers to manage information

    through diverse ideas, backgrounds, and perspectives, our people thrive,

    of our business. We go beyond philanthropy to conduct business in a way that

    while meeting their environmental goals. And we partner with our

    our customers benefit, and our business succeeds.

    leads to a prosperous future for communities.

    suppliers to unlock opportunities to protect our planet, together.

    What we want to achieve

    What we want to achieve

    What we want to achieve

    To create a more sustainable future through continuous innovation

    To create an inclusive workplace that is committed to innovation, agility

    Be a catalyst for positive change in the communities in which we operate

    and collaboration

    and customer focus

    How will we measure progress

    How will we measure progress

    How will we measure progress

    By 2040: Achieve net-zero GHG emissions, inclusive of Scopes 1, 2, and 3

    Our annual IM Listening global employee survey provides valuable

    On our way there:

    feedback and helps our leaders understand how we can best support

    heritage preservation collections

    our employees' collective well-being and success. Using the survey as a

    measurement tool, we aim to:

    in our local communities

    distribution, will have science-based targets*

    or higher

    • By 2027: Work with charitable partners to add 15 projects to our cultural

    • By 2033: 55% reduction of Scope 1 and 2 emissions from our 2022 baseline*

    • By 2030: Contribute 200,000 additional hours of employee volunteerism

    • By 2028: 84.2% of our suppliers by emissions covering purchased goods and services, capital goods, business travel, and upstream transportation and

    • Achieve and maintain a global employee engagement score of 70%

  • By 2030: Reduce Scope 1 fleet emissions by 20% from our 2022 baseline

  • By 2040: Match 100% of our annual enterprise electricity consumption with clean energy

* The target boundary includes land-related emissions and removals from bioenergy feedstocks.

  • Achieve and maintain a global employee inclusion and belonging score of 75% or higher

|





‌Safeguarding customer trust

9

Customer connections



Safeguarding customer trust



Data privacy

Commitment to data privacy

Securing the trust of our customers is critical to our business, and our robust privacy and data protection practices are essential to maintaining it. We are strongly committed to ensuring customer data remains safe and secure, and we embed best-in-class privacy and data protection measures into all our services in line with global regulations.

Iron Mountain's Global Privacy Program and related privacy certifications remain core to assuring customer trust and demonstrating our rigor. We maintain and continuously mature these critical assurances, including International Organization for Standardization (ISO) 27701 certification for privacy information management which is an independent verification of our adherence to the highest international standards for data privacy protection.

Evolving digital landscape

Collaboration to advance data management

To keep abreast of policy and regulatory changes, and to share best practices of physical and digital data management, we collaborate internally and externally across industries, sectors, and regulators. Our privacy experts contribute to a number of in-person and virtual panel discussions, exhibits, and conferences, as well as actively participate in Iron Mountain

U.S. and EMEA Customer Advisory Board meetings. Iron Mountain is an active member of the International Association of Privacy Professionals (IAPP), Privacy, InfoSec, Compliance, Culture, Awareness, Strategy & Ops (PICCASO), Centre for Information Policy Leadership (CIPL), and Information Technology Industry Council (ITI), which promote data privacy

policies and standards that advance competition and innovation worldwide.

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The rapid evolution of the digital data economy, particularly the proliferation of Artificial Intelligence (AI) technologies, presents both a catalyst for innovation and a source of new data privacy and cybersecurity risks. Governments worldwide are responding with increasingly complex regulations, creating adaptation challenges for both Iron Mountain and our customers.

In this dynamic environment, governance, compliance, and responsible data management have become paramount. Iron Mountain proactively addresses these risks by navigating new digital data, cybersecurity,

AI, and data protection laws (e.g., EU AI Act, Digital Operational Resilience Act (DORA), Network and Information Security Directive 2 (NIS2), Data Act, and US State AI laws). We continuously assess the impact of these laws on the enterprise and our customer services, protecting our reputation and effectively turning compliance into a competitive business advantage.

Responsible innovation

To foster responsible use of AI, we have established a dedicated AI Governance program. This program is designed to identify and manage the unique risks created by AI, ensuring we operate with transparency and accountability. We continuously enhance this framework to keep pace with regulatory developments, emerging technologies, and evolving customer expectations.

Iron Mountain 2025 | Sustainability Report



Safeguarding customer trust

Supporting our customers

We are committed to enabling our customers to protect and elevate the power of their work, while making a lasting, positive impact. Through innovative solutions, we can help our customers achieve their business and sustainability goals.

We aim to provide solutions that address clear sustainability challenges, yield a net positive impact, and feature claims based on third-party standards or transparent calculation methodologies.

Supporting our customers with sustainable products and services

Secure Paper Shredding

Eco Box



IT Asset Disposition

Green Power Pass

Iron Mountain's Secure Paper Shredding solution offers a comprehensive information destruction program for paper records that is convenient, compliant, cost-effective and sustainable.

The Iron Mountain Eco Box provides durability and security while also being Forest Stewardship Council (FSC®)-certified, 100% recyclable and easy to order and receive.

Measuring the impact of our products and services

In 2025, on behalf of customers we

  • Shredded and recycled 423,525 metric tons (mt) of paper and cardboard products, the equivalent of preserving approximately 11.2 million trees

  • Purchased more than 13.4 million FSC®-certified boxes

  • Recycled 6,521 mt of plastic, the equivalent of over 540 million single-use plastic water bottles.

11

Iron Mountain IT Asset Disposition services make it easier for companies to deploy newer, more efficient, and environmentally-friendly technology while our remarketing and recycling programs minimize the amount of material entering waste streams.

Iron Mountain's Green Power Pass provides customers with a certificate of attestation validating that 100% of the power they use at Iron Mountain's data centers is carbon-free, which supports their sustainability objectives.

Smart Sort

Iron Mountain's Smart Sort enables customers to quickly and confidently make decisions about their legacy files, creating a more compliant and efficient records management program.



Read more about how we are helping our customers achieve their sustainability goals here.

Iron Mountain 2025 | Sustainability Report

Safeguarding customer trust

Customer environmental impact reporting

We recognize that our customers are seeking more transparency from their supply chains. We have developed a portfolio of reports that measure the environmental impacts and benefits of customer programs.

Iron Mountain's Secure Shredding Green Report

This report communicates the impact an organization is having by making responsible shredding decisions. The report provides customers with the total weight of paper that was shredded and recycled. It also provides equivalencies from the Environmental Paper Network's Paper CalculatorTM to illustrate the environmental benefits of recycled paper vs. sourcing virgin materials. Learn more here.

Iron Mountain's Asset Lifecycle Management (ALM) Environmental Benefits Report

This customer-specific report allows customers to quantify the positive environmental impact of their IT Asset Disposition program. The report provides the total weight of IT Assets processed during the reporting period and the associated environmental benefit of the customer's choice to recycle or remanufacture those devices. Learn more here.

Iron Mountain's Customer Greenhouse Gas Emissions Allocation Report

This report allows customers to understand the Scope 3 emissions that are associated with their activity at Iron Mountain. The tool uses a spend-based allocation methodology, taking into account the specific services we provided for the customer during the reporting period. Learn more here.

Our customers downloaded more than 19,500 environmental impact reports during 2025, providing transparency into the impacts and benefits of their programs.

Iron Mountain 2025 | Sustainability Report

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‌Protecting our planet

13

Responsible growth trend

Scope 1 and 2 (market-based) emissions and annual revenue

Reported GHG emissions (mtCO2e) Reported annual revenue (billions in USD)

350,000 7

300,000

6

250,000

5

200,000

4

150,000

178,834

3

167,655

167,838

100,000 2

50,000

1

0

0

2022 2023 2024 2025

5.1B

5.4B

6.1B

6.9B

Protecting our planet

Greenhouse gas emissions

Our journey to net zero

Our emissions reduction targets, which align with the Paris Climate Agreement aspiration to limit the global temperature increase to 1.5 degrees Celsius, have been validated by the Science Based Targets initiative (SBTi). This includes near-term targets as well as net zero by 2040.

199,314

Transparency and data have been at the core of our program since we began our journey over a decade ago. Through transparency, we build trust and enable collaboration. We are committed to being a valued partner to our customers, investors, employees, and the communities in which we operate. Together, we are making strides toward a more sustainable future and remain committed to the work ahead.

2025 Scope 1 and 2 (market-based) emissions breakdown

Vehicle fleet

41.9%

Refrigerants

1.9%

Fire suppressants

1.5%

Electricity

27.8%

Heating

26.9%

We are using a measured approach to expand the reach of our emissions reduction initiatives and identify opportunities to decarbonize our operations. Our path to net zero focuses on reducing energy use and increasing the efficiency of our facilities, electrifying our systems, increasing our use of clean energy and addressing the environmental impact of our fleet. Our approach has delivered meaningful reductions in our emissions.

In 2025, we reduced corporate

Scope 1 and 2 emissions by

16% since our 2022 baseline year.



Iron Mountain 2025 | Sustainability Report 14

This image was edited using an AI generative tool.



Protecting our planet

Decarbonizing our operations

Greener fleet

Vehicles play an essential role in our operations. We depend on our fleet to deliver exceptional service to our customers worldwide. In 2025, vehicle emissions accounted for 41.9% of our Scope 1 and 2 greenhouse gas emissions, making our fleet a key focus area of our emissions-reduction strategy. We are taking action to achieve a 20% reduction of Scope 1 fleet emissions by 2030 from our 2022 baseline.

Innovation in mobile shred vehicles

Over the last several years, we have been investigating options to reduce emissions in our fleet operations. In 2025, we took the next step in this journey by evaluating solutions to reduce emissions from the idling of our mobile shred units (MSU) during onsite shredding services. We tested a prototype of a fully electric mobile shred unit and launched two hybrid units into service. This innovation is key to developing a more sustainable path for our fleet.

These next-generation MSUs offer tangible benefits for both our customers and the environment. Our onsite shredding customers appreciate the significantly quieter processing capabilities of these new units, which enhances their service experience while also reducing fossil fuel consumption. We look forward to continuing to work with the manufacturers on adjustments that would enable us to deploy these vehicles more broadly across our operations.

In 2025, 18% of our global light-duty fleet, including vans, trucks, and company cars, were electric and we increased the use of biofuels by 186% since 2022.



Our greener fleet focus areas include:

Fleet electrification | We now have over 335 electric vehicles in service, or on order, across 31 countries.

Alternative fuels | We continue to expand the use of biofuels and alternative energy sources.

Route optimization | We plan efficient travel routes, minimizing unnecessary driving and reducing fuel consumption.

Driver behavior | We promote eco-friendly driving practices among our drivers to further enhance fuel efficiency.

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Iron Mountain 2025 | Sustainability Report

Customer connections



Protecting our planet



Clean energy

In 2025, our global electricity consumption was covered by 93% clean energy, including 65 onsite solar projects that generated more than 23,098 MWh of electricity. Since 2017, we have continued to match 100% of the electricity consumption in our data centers with clean energy. Our portfolio of clean energy solutions includes onsite generation, direct-to-supplier energy contracting, and renewable energy certificates (RECs) and virtual power purchase agreements (VPPAs) for wind, solar, and hydropower. We work closely with our utility data aggregation and advisory services partner to evaluate the utility-level green power landscape, including green tariffs and other utility-specific programs.

Annual clean electricity percentage trend

Electricity consumption (MWh)

2,200,000

2,000,000

1,800,000

93%

Expanding onsite solar

In 2025, Iron Mountain's Global Real Estate (GRE) team reached a major milestone in our onsite clean energy generation journey by successfully completing our first solar project in Thailand.

The 250 kilowatt-peak (kWp) solar system, installed at our IC1+IC2 facility in Soi Wat Nam Daeng, became operational in July. In its first two months alone, the installation generated approximately 55,000 kilowatt-hours (kWh) of clean power, successfully covering 33% of the site's energy needs. Beyond the environmental benefits, the project is projected to deliver approximately $44,000 in annual utility savings.

By retaining all environmental attributes generated by the system, we ensure that every kilowatt produced directly supports our sustainability roadmap and the decarbonization of the APAC region. By expanding onsite solar capacity, we aren't just reducing our carbon footprint; we are supporting resilient, clean energy infrastructure that allows

Iron Mountain to lead by example.

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91% 87% 85% 80% 69% 77% 81% 18% 3%

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Clean Fossil fuels

Iron Mountain 2025 | Sustainability Report

Protecting our planet

Supporting grid resilience

24/7 Carbon-Free Energy Data Centers

Conventional clean power solutions are designed to match a buyer's load annually. This approach does not account for whether clean power is available when clients use electricity, and as a result, doesn't help decarbonize the grid.

Iron Mountain's Data Center division became a founding signatory to the UN Compact on 24/7 Carbon-Free Energy, committing to seeking hour-by-hour matching of our site consumption with local carbon-free energy (CFE) by 2040. This approach not only supports the decarbonization of the grid, but allows us to offer the Green Power Pass product to customers. They can then report-at any Iron Mountain Data Center-the power they consume as clean power in their public reporting, making Iron Mountain an important part of their decarbonization roadmaps and commitments.

The tools used to monitor our progress toward our 24/7 CFE commitment of our data centers is also creating valuable insights for other facilities. We currently have over 201 locations globally, including over 137 locations in the United States, with the ability to track and match clean energy usage on an hourly basis.

Battery storage

Iron Mountain's data center division designed an innovative grid-enhancing Battery Energy Storage Systems (BESS) that delivered up to 100 megawatt (MW) of grid support across our Virginia campuses, the largest data center market in the world. BESS played a crucial role in stabilizing electricity grids and facilitating the integration of clean energy. While still at the concept stage, this R&D has the potential to significantly enhance the sustainability and resilience of the local grids we operate within. We are also developing a 12 MW battery storage solution at our New Jersey facility, scheduled for deployment in 2027.

Iron Mountain 2025 | Sustainability Report

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Protecting our planet

Environmental impact initiatives

Facility efficiency

We use innovative design, construction, and operation to reduce a building's lifelong environmental footprint and we pursue certifications that enhance our service offerings and mitigate risks.

  • Virtual energy audits, site surveys, and utility monitoring allow us to identify opportunities to prioritize sites for energy efficiency projects.

  • We continue to expand our LED retrofit initiatives and the installation of motion-sensing lights, programmable thermostats, and HVAC optimization projects. To date, we have upgraded more than 455,500 light fixtures.

  • All new-construction, multi-tenant data center facilities are certified to BREEAM Green Building Standard, or a similar local standard. Iron Mountain data centers are a signatory to the EU Climate Neutral Data Centre Pact.

    Clean energy procurement



    Our portfolio of clean energy solutions includes onsite generation, direct-to-supplier energy contracting, and virtual power purchase agreements for wind, solar, and hydropower.

  • In 2025, 93% of our global electricity consumption was covered by clean energy sources.

  • As of 2025, there were 65 facilities with onsite solar arrays in our global real estate portfolio, representing a cumulative system size of more than

    24.6 MW.

    Greener fleet



    We have a comprehensive approach to reducing emissions from our fleet, including fleet electrification, the use of biofuels, dynamic routing that improves efficiency, and eco-friendly driving practices.

  • We now have 335 electric vehicles in service, or on order, across 31 countries.

  • Over the last two years we have been testing a fully-electric mobile shred unit as well as hybrid mobile shred units, in order to reduce emissions and noise from idling while servicing onsite shredding customers.

Water conservation and management



Remote monitoring of our irrigation systems allows us to customize irrigation schedules, taking into account weather, climate, soil, and plant types to fit each site's needs.

  • We have completed our evaluation and site implementation for our irrigation management program. As a result of the program, we have installed smart irrigation controls at 25 sites, which is estimated to save 12.6 million gallons of water annually. These prevent over watering, provide utility savings, and identify leaks and other potential issues early, minimizing impact.

  • The Iron Mountain Data Center team continued to align all new facility designs with the Climate-Neutral Data Centre Pact targets for Power Usage Effectiveness (PUE) and Water Usage Effectiveness (WUE). WUE overall improved from 1.81 to 0.996 globally from 2017 to 2024.

    Waste reduction



    Our strategy for waste management maximizes diversion and the reach of our recycling programs. We completed an analysis to identify top waste sources and opportunities for circular solutions.

  • Facility consolidations can generate one-time waste, potentially lowering our landfill diversion rates. In 2025, we recycled 32,300 tons of metal racking.

  • We recycled 515,375 pounds of secure shredding toters at the end of their useful life into reusable plastic pallets for our operations and resold or scrapped 460,300 pounds of powered industrial transport equipment from our facilities.

  • We partnered with Habitat for Humanity to donate more than 16,930 pounds of repurposed materials. We also provided the Salvation Army Disaster Relief Center with containers that were no longer in use, so they could become tornado relief kits, recycling more than 2,900 pounds of plastics.

Iron Mountain 2025 | Sustainability Report

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‌Empowering our people

19



Empowering our people

Our culture

We are committed to making a meaningful impact on our customers, our people and our business by cultivating a culture that is firmly grounded in our values: Acting with Integrity, Owning Safety and Security, Building Customer Value, Taking Ownership, and Promoting Inclusion and Teamwork.

While we foster an environment of learning, collaboration, inclusion and wellbeing, we know culture truly thrives in the everyday experience of working at Iron Mountain.

Our culture encourages open communication and innovation while fostering trust, engagement, and exceptional performance. We evaluate our progress through our annual global employee engagement survey (IM Listening) and use data-driven insights to deepen our understanding of our global workforce. These insights collectively enable us to drive enhanced employee engagement, measure effectiveness, and refine our approach for sustained success.

2025 Employee engagement survey results

73%

80%

85%

Engagement index score

Inclusion and belonging score

Overall participation rate

20

Led by our President and CEO, William Meaney, our Executive Leadership Team plays a pivotal role in advancing our culture and driving growth. The Executive Leadership Team reviews and supports key initiatives, monitors progress toward enterprise goals, ensures accountability through measurable targets, and communicates achievements to stakeholders. The Executive Leadership Team actively reviews the results of our IM Listening Survey, aligning on enterprise-wide actions and focus areas that continue to reinforce our culture. Several members of our executive team are also active sponsors of Employee Resource Groups, acting as allies and champions of inclusivity and belonging across the enterprise.

The IM Listening survey:

Our annual IM Listening global employee survey provides valuable feedback and helps our leaders understand how we can best support our employees' collective wellbeing and success. In 2025, we added new questions on workplace safety, learning and development, performance management, and customer centricity. We also introduced enterprise-wide engagement focus areas and increased leader support for action planning. The IM Listening Survey:

  • Provides valuable feedback to people managers, offers insights for understanding employee engagement, inclusion, and belonging, and identifies opportunities for improvement.

  • Strengthens Iron Mountain's focus on our future vision, enhances communication around the rationale for change, and supports the collective development, well-being, collaboration, and success of Mountaineers.

  • Serves as a vital resource for leaders to reference and integrate into decision-making when planning, announcing, and implementing initiatives.

  • Acts as a key measure of success for our enterprise priorities.

Iron Mountain 2025 | Sustainability Report