▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Vertiv Issues 2023 Responsible Business Report, Providing Updates on Environmental Impact and Governance Efforts and Introducing ‘One Vertiv, One World’ Plan

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its 2023 Responsible Business Report, which details progress in focus areas, and intro...

Business Wire

WESTERVILLE, Ohio: Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its 2023 Responsible Business Report, which details progress in focus areas, and introduces the company’s “One Vertiv, One World” plan for advancing the principles of environmental stewardship, fostering a safe, inclusive, and engaged workplace, and conducting business in a responsible way.

In 2023, Vertiv continued to advance its vision to create a more responsible future by focusing on efficient products and systems, responsible operations, its people, its neighbors, supply chain integrity, and governance. In recognition of the critical role the tech and data center industries play in the global energy landscape, the “One Vertiv, One World” plan will help guide the company’s next steps in pursuit of creating long-term value for its shareholders, customers, and the communities it serves.

“We continue to advance our efforts to be a responsible global and corporate citizen while simultaneously providing products and services that help our customers achieve their own environmental sustainability goals,” said Giordano Albertazzi, Vertiv CEO. “With demand for AI growing rapidly across the world, we at Vertiv are providing infrastructure products, systems and services that enable our customers to advance their AI initiatives with high performance and a lower environmental impact.”

Efforts and initiatives highlighted in the 2023 report include:

  • An expanded offering of both high efficiency liquid cooling solutions and low-global warming potential (GWP) refrigerants to help Vertiv customers advance their AI initiatives and help enable performance with a lower environmental impact.
  • The acquisition of CoolTera Ltd. (CoolTera), a designer and manufacturer of highly efficient liquid cooling solutions, bringing additional advanced cooling expertise, controls, and systems to Vertiv’s already robust thermal management portfolio.
  • The rollout of a new battery energy storage system (BESS) with lithium-ion batteries that provides utility-scale energy storage that can be used as an always-on power supply, helping customers support operational resilience, avoid peak demand charges, and rely more on alternative distributed energy resources such as solar panels, wind turbines, and hydrogen fuel cells to help reduce carbon emissions and maintain reliability. The microgrid solution was also unveiled at the Vertiv Delaware, Ohio facility as a Customer Experience Center, leveraging both solar arrays and hydrogen fuel cells as alternative energy sources that will provide energy for Vertiv operations and operate as a test bed to demonstrate the reduced carbon emissions solution for customers.
  • The introduction of the Vertiv™ TimberMod™, featuring mass timber as a key structural component instead of steel for prefabricated modular (PFM) data center solutions, providing the potential to minimize resource depletion and lower the product’s carbon footprint as compared to steel alternatives.
  • A refreshed Guide to Data Center Sustainability with updated statistics and other relevant information to aid Vertiv’s customers and other stakeholders.
  • An update on Vertiv’s operational efficiency efforts to track and monitor the company’s primary environmental impacts and refine processes to streamline the collection of metrics related to carbon emissions, energy consumption, water usage, and waste generation and recycling. A notable example is the Monterrey, Mexico, facility water reclamation system, which reduces the operation’s reliance on the city water supply by collecting water from the air conditioning units used to cool the facility and turns it into water usable for other purposes.
  • Examples of how Vertiv is making an impact in the communities we serve.
  • A report on Vertiv’s commitment to supply chain integrity to assure compliance with leading industry standards for responsible minerals, human rights, and labor conditions.

More information is available in the report, which can be accessed and downloaded at Vertiv.com.

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

25 Italian Startups Will Be Present at Expand North Star 2024

Scheduled for October, the world's largest startup event will bring together more than 2,000 exhibitors in Dubai, UAE

Partitalia: Italian IoT innovation in San Francisco

The Italian IoT company is in the US for the second phase of CALL4INNOVIT

Sparkle works on environmentally sustainable content distribution

The Italian company partners with MainStreaming for high-performance, energy-efficient video streaming

Libraesva: being specialized is ok again in cybersecurity

Software vendors developing vertical solutions against specific attack vectors are 'cool' again. And when it comes to email security, all companies now…

Most read

New Zealand Buy Now Pay Later Business and Investment Opportunities Databook…

The "New Zealand Buy Now Pay Later Business and Investment Opportunities Databook - Q2 2024 Update" report has been added to ResearchAndMarkets.com's…

Kenya Buy Now Pay Later Business Report 2024: BNPL Payments to Grow by…

The "Kenya Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis,…

Median Technologies to host two webcasts on September 5, 2024

Regulatory News: Median Technologies (FR0011049824, ALMDT, PEA/SME eligible, “Median” or “The Company”) will host two live webcasts on September 5, 2024.…

Mark Lawyer Joins RWS’s Executive Team as President of Regulated Industries…

RWS, a unique, world-leading provider of technology-enabled language, content and intellectual property solutions, announces that Mark Lawyer has joined…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!