Iron Mountain operations achieve renewable energy sources milestone
Iron Mountain announced that its operations in Belgium, Ireland, The Netherlands and the United Kingdom have achieved the company's stated goal of utilizing 100% of their electricity consumption from renewable energy sources. This milestone represents a significant achievement for the company following its joining of the RE100 initiative earlier this year in which Iron Mountain committed to using renewable energy sources for 100% of its worldwide electricity. In doing so, the company pledged to follow a rigorous standard for green power purchasing and achieving aggressive interim milestones on the way to a complete conversion by 2050. Like other global organizations, the primary source of electricity for Iron Mountain has been coal and natural gas, the biggest single factor driving the company's greenhouse gas, or GHG footprint. In 2016, electricity use alone made up almost half of Iron Mountain's GHG emissions. Data centers, like the Slough and Amsterdam locations acquired earlier this year, drive much of that as they require continuous power to maintain the operation of servers and other technology and support. The Slough location alone uses as much energy as all Iron Mountain's UK records management facilities combined, while the Amsterdam facility doubled the company's energy footprint in Europe. Removing that dependence on fossil fuel delivers both environmental benefits and better cost controls, as fossil fuel prices are often volatile, while the cost of using sustainable/renewable sources like wind and solar are predictable for organizations. Employing a combination of green power contracts, Iron Mountain was able to negotiate cost effective wind and other renewable resources to supply all of the company's electricity usage in these countries, including the data center operations in Slough and Amsterdam. These contracts in the UK and Europe further the company's RE100 goals and build on last year's achievement when wind and solar power totaled 30%of the company's global electricity supply.