STOCK TITAN

Rackspace Receives SBTi Approval for Net-Zero Targets, Reinforcing Commitment to Sustainable Operations and Innovation

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Rackspace Technology (NASDAQ: RXT) has received approval from the Science Based Targets Initiative (SBTi) for its emissions reduction goals. The company has committed to ambitious targets including cutting emissions by 50% by 2032 and 90% by 2045 to achieve net-zero carbon emissions.

Currently powering 80% of its global data centers with renewable energy, Rackspace is working towards reaching 100% through strategic partnerships. The company's Workload Aware Modernization program helps customers reduce their cloud carbon footprint by identifying wasted resources and improving infrastructure efficiency.

This initiative comes as global data center energy consumption is expected to more than double by 2030, with AI being a major driver of demand.

Rackspace Technology (NASDAQ: RXT) ha ottenuto l'approvazione dalla Science Based Targets Initiative (SBTi) per i suoi obiettivi di riduzione delle emissioni. L'azienda si è impegnata a raggiungere traguardi ambiziosi, tra cui ridurre le emissioni del 50% entro il 2032 e del 90% entro il 2045 per conseguire emissioni nette di carbonio pari a zero.

Attualmente alimenta l'80% dei suoi data center globali con energia rinnovabile e sta lavorando per arrivare al 100% tramite partnership strategiche. Il programma Workload Aware Modernization dell'azienda aiuta i clienti a ridurre l'impronta di carbonio nel cloud identificando risorse inutilizzate e migliorando l'efficienza dell'infrastruttura.

Questa iniziativa arriva in un momento in cui si prevede che il consumo energetico globale dei data center più che raddoppierà entro il 2030, con l'intelligenza artificiale come principale motore della domanda.

Rackspace Technology (NASDAQ: RXT) ha recibido la aprobación de la Science Based Targets Initiative (SBTi) para sus objetivos de reducción de emisiones. La compañía se ha comprometido con metas ambiciosas que incluyen reducir las emisiones en un 50% para 2032 y en un 90% para 2045 para alcanzar emisiones netas de carbono cero.

Actualmente, alimenta con energía renovable el 80% de sus centros de datos globales y trabaja para alcanzar el 100% mediante asociaciones estratégicas. El programa Workload Aware Modernization de la empresa ayuda a los clientes a reducir su huella de carbono en la nube identificando recursos desperdiciados y mejorando la eficiencia de la infraestructura.

Esta iniciativa surge en un contexto donde se espera que el consumo energético global de los centros de datos se más que duplique para 2030, siendo la inteligencia artificial un impulsor clave de la demanda.

Rackspace Technology (NASDAQ: RXT)가 Science Based Targets Initiative(SBTi)로부터 배출량 감축 목표 승인을 받았습니다. 이 회사는 2032년까지 배출량 50% 감축, 2045년까지 90% 감축을 포함한 야심찬 목표를 약속하며 넷제로 탄소 배출을 달성하려 하고 있습니다.

현재 전 세계 데이터 센터의 80%를 재생 에너지로 운영 중이며, 전략적 파트너십을 통해 100% 달성을 목표로 하고 있습니다. 회사의 Workload Aware Modernization 프로그램은 낭비되는 자원을 식별하고 인프라 효율성을 개선하여 고객의 클라우드 탄소 발자국 감소를 돕습니다.

이 이니셔티브는 AI가 수요 증가의 주요 원동력인 가운데, 전 세계 데이터 센터 에너지 소비가 2030년까지 두 배 이상 증가할 것으로 예상되는 시점에 추진되고 있습니다.

Rackspace Technology (NASDAQ : RXT) a obtenu l'approbation de la Science Based Targets Initiative (SBTi) pour ses objectifs de réduction des émissions. L'entreprise s'est engagée à des objectifs ambitieux, notamment à réduire ses émissions de 50 % d'ici 2032 et de 90 % d'ici 2045 afin d'atteindre la neutralité carbone.

Actuellement, 80 % de ses centres de données mondiaux sont alimentés par des énergies renouvelables, et Rackspace travaille à atteindre 100 % grâce à des partenariats stratégiques. Le programme Workload Aware Modernization de l'entreprise aide ses clients à réduire leur empreinte carbone dans le cloud en identifiant les ressources gaspillées et en améliorant l'efficacité des infrastructures.

Cette initiative intervient alors que la consommation énergétique mondiale des centres de données devrait plus que doubler d'ici 2030, l'intelligence artificielle étant un moteur majeur de cette demande.

Rackspace Technology (NASDAQ: RXT) hat von der Science Based Targets Initiative (SBTi) die Genehmigung für seine Emissionsreduktionsziele erhalten. Das Unternehmen hat sich ehrgeizige Ziele gesetzt, darunter eine Reduzierung der Emissionen um 50 % bis 2032 und um 90 % bis 2045, um Netto-Null-Kohlenstoffemissionen zu erreichen.

Derzeit werden 80 % der globalen Rechenzentren von Rackspace mit erneuerbarer Energie betrieben, und das Unternehmen arbeitet durch strategische Partnerschaften darauf hin, 100 % zu erreichen. Das Programm Workload Aware Modernization unterstützt Kunden dabei, ihren CO2-Fußabdruck in der Cloud zu reduzieren, indem es verschwendete Ressourcen identifiziert und die Infrastruktur effizienter gestaltet.

Diese Initiative kommt zu einem Zeitpunkt, an dem der weltweite Energieverbrauch von Rechenzentren bis 2030 voraussichtlich mehr als doppelt so hoch sein wird, wobei KI ein wesentlicher Treiber der Nachfrage ist.

Positive
  • SBTi approval validates company's commitment to emissions reduction targets
  • 80% of global data centers already powered by renewable energy
  • Workload Aware Modernization program helps customers reduce cloud carbon footprint
  • Positions company ahead of peers in cloud services sustainability efforts
Negative
  • Significant investment and operational changes required to meet ambitious 2032 and 2045 targets
  • Growing AI-driven energy consumption could challenge emission reduction goals

Framework sets new standard for helping customers meet their sustainability goals and Scope 3 reporting requirements

SAN ANTONIO, July 31, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, announced today that the Science Based Targets Initiative (SBTi) has approved its near-term, long-term, and net-zero emissions reduction goals. Rackspace’s targets align with the SBTi’s objective of limiting global warming to 1.5°C, include a commitment to cut emissions by 50% by 2032 and 90% by 2045 to meet net-zero carbon emissions goals. These ambitious targets, benchmarked to 2023, position Rackspace ahead of many peers in the cloud services space, offering customers a rigorous framework which is independently validated and supported by clear, measurable metrics, that align with their sustainability objectives.

Global energy consumption from data centres is projected to more than double by 2030, with AI as a leading driver of demand. As a result, companies are facing increasing regulatory pressure, such as the EU’s Corporate Sustainability Reporting Directive, to disclose and reduce their carbon emissions tied to energy use across their supply chain. Rackspace currently powers approximately 80% of its global data centres with renewable energy and is advancing its efforts to reach 100% through strategic partnerships.

“SBTi’s validation of our net-zero targets is a significant milestone in Rackspace’s decarbonization journey,” said Srini Koushik, President AI, Technology, and Sustainability at Rackspace Technology. “Cloud services and digital infrastructure are among the most significant factors in organizations’ supply chain and Scope 3 emissions. By setting and making progress against aggressive sustainability goals, we are not only minimizing our own environmental impact but also helping our customers to achieve theirs, without sacrificing performance.”

“We recognize that building efficiency into our operations and across our global footprint will have a positive impact on our customers’ ability to meet their sustainability goals,” added Ben Blanquera, VP of Technology and Sustainability at Rackspace Technology. “By committing to these aggressive SBTi-validated targets, we are establishing a framework for meaningful emissions reductions and underscoring our commitment to act as an environmentally responsible partner for our stakeholders, partners and clients.”

Rackspace customers are achieving reductions in their cloud carbon footprint through the company’s Workload Aware Modernization program, which identifies wasted cloud resources while improving environmental sustainability. The comprehensive assessments enable organizations to eliminate underutilized infrastructure, reduce idle usage, and transition to more sustainable cloud architectures. By adopting serverless computing, cloud-native solutions, and automated resource management, customers can dramatically cut both costs and environmental impact while modernizing their technology stack.

About Rackspace Technology
Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.

Media Contact
Cheryl Amerine, Head of Media Relations
Rackspace Technology
publicrelations@rackspace.com


FAQ

What are Rackspace Technology's (RXT) new emission reduction targets?

Rackspace has committed to reducing emissions by 50% by 2032 and 90% by 2045 to achieve net-zero carbon emissions, with targets benchmarked to 2023.

How much of Rackspace's data centers are powered by renewable energy?

Currently, 80% of Rackspace's global data centers are powered by renewable energy, with plans to reach 100% through strategic partnerships.

How does Rackspace help customers reduce their carbon footprint?

Through its Workload Aware Modernization program, Rackspace helps customers identify wasted cloud resources, reduce idle usage, and transition to more sustainable cloud architectures.

What is driving the need for Rackspace's sustainability initiatives?

Global data center energy consumption is projected to more than double by 2030, driven by AI, while increasing regulatory pressure requires companies to disclose and reduce their carbon emissions.

What is the significance of SBTi approval for Rackspace?

SBTi approval validates that Rackspace's emissions reduction targets align with the objective of limiting global warming to 1.5°C and provides an independently validated framework for sustainability goals.
Rackspace Technology, Inc.

NASDAQ:RXT

RXT Rankings

RXT Latest News

RXT Latest SEC Filings

RXT Stock Data

291.99M
78.01M
2.16%
83.12%
1.32%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
Link
United States
SAN ANTONIO