Potential offtaker

Iron Mountain, Inc.

www.ironmountain.com

Estimated electricity consumption

N/A

Countries of production presence

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Iron Mountain, Inc. is a leading American company that operates in the Specialty REIT sector. The company is a global provider of storage and information management services, with a focus on physical and digital records management, data backup and recovery, and secure shredding. Iron Mountain, Inc. was founded in 1951 and is headquartered in Boston, Massachusetts. The company has operations in over 50 countries and serves more than 225,000 customers worldwide.

Iron Mountain, Inc. is committed to sustainability and decarbonisation. The company has set a goal to reduce its greenhouse gas emissions by 20% by 2025, compared to its 2016 baseline. To achieve this goal, Iron Mountain, Inc. has implemented a range of initiatives, including the use of renewable energy, energy efficiency measures, and the adoption of low-carbon technologies.

One of the key initiatives that Iron Mountain, Inc. has undertaken to reduce its carbon footprint is the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power. In 2018, Iron Mountain, Inc. signed a 15-year power purchase agreement (PPA) with a wind farm in Ringer Hill, Pennsylvania. The PPA will provide the company with 25% of its total electricity needs in North America, and is expected to reduce its greenhouse gas emissions by 50,000 metric tons per year.

Iron Mountain, Inc. has also implemented energy efficiency measures to reduce its energy consumption and carbon footprint. The company has installed energy-efficient lighting and heating systems in its facilities, and has implemented a range of energy management systems to monitor and control energy use. In addition, Iron Mountain, Inc. has implemented a corporate energy program to encourage its employees to reduce their energy consumption at work and at home.

Another key initiative that Iron Mountain, Inc. has undertaken to reduce its carbon footprint is the adoption of low-carbon technologies. The company has invested in electric vehicles (EVs) and has implemented a fleet management program to reduce its reliance on fossil fuels. Iron Mountain, Inc. has also implemented a waste reduction program to reduce its landfill waste and increase its recycling rates.

Iron Mountain, Inc. has also implemented a corporate PPA program to support the development of renewable energy projects. The company has signed several PPAs with renewable energy developers, including wind and solar power projects. These PPAs provide Iron Mountain, Inc. with a stable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

In conclusion, Iron Mountain, Inc. is a leading American company that operates in the Specialty REIT sector. The company is committed to sustainability and decarbonisation, and has implemented a range of initiatives to reduce its carbon footprint. These initiatives include the use of renewable energy, energy efficiency measures, the adoption of low-carbon technologies, and the implementation of a corporate PPA program. Iron Mountain, Inc. is a leader in the transition to a low-carbon economy, and is setting an example for other companies to follow.

✓ Current offtaker under Corporate PPA's
✓ Re100 Gold member
✓ Science Based Targets member
✓ Declared Net Zero commitment