In 2024, Equinix completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Equinix has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 59,400a | 28,985b | 40,293c | |
Total Scope 2 | ||||
Market-Based | 253,300a | 247,600a | 241,000a | |
Location-Based | 2,645,700a | 2,623,800a | 2,418,000a | |
Total Scope 3 | 1,435,000a | 1,248,828b | 1,291,925c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.7901a | 3.5399b | 5.5476c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Equinix amounted to 2,705,100 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Equinix increased by 1.97%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Equinix were 59,400 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Equinix's Scope 1 emissions have increased by 45.95%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Equinix's Scope 1 emissions increased by 104.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Equinix reported Scope 2 greenhouse gas (GHG) emissions of 253,300 tCO₂e using the market-based method and 2,645,700 tCO₂e using the location-based method.a
Since 2019, Equinix's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 27.14%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Equinix's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Equinix's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Equinix reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Equinix reported 1,435,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Equinix includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Equinix reported total Scope 3 emissions of 1,435,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Equinix's Scope 3 emissions have increased by 11.28%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Equinix's Scope 3 emissions increased by 14.91%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Equinix reported Scope 1 greenhouse gas (GHG) emissions of 59,400 tCO₂e and total revenues of USD 8,748 millions. This translates into an emissions intensity of 6.79 tCO₂e per millions USD.a
In 2024, Equinix reported a Scope 1 emissions intensity of 6.79 tCO₂e per millions USD. Compared to the peer group median of 3.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Equinix ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Equinix is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Equinix reported a total carbon footprint of 4,140,100 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.11% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Equinix's total carbon footprint was Scope 2 emissions, accounting for 63.9% of the company's total carbon footprint, followed by Scope 3 emissions at 34.66%.a