Rackspace Technology, an end-to-end hybrid, multi-cloud technology solutions company, has released its Sustainability Report, outlining the advancements made during the 2023 fiscal year toward achieving its social and environmental sustainability objectives.
Key achievements underscore Rackspace Technology’s commitment to social and environmental sustainability:
- Leadership Advancement in Sustainability: In 2023, Srini Koushik, President of AI, Technology, and Sustainability, aligned with the company’s future-focused vision. Koushik’s strategic insights position him as the ideal leader driving Rackspace Technology’s innovation and sustainability initiatives in collaboration with key functional leaders.
- Noteworthy Recognition in Sustainability: Rackspace Technology’s integration of sustainability principles has garnered industry recognition, including the AWS North America Sustainability Partner of the Year award and Koushik’s acknowledgment by SustainableIT.org. These accolades affirm the company’s dedication to sustainability and innovation.
- Strategic Reduction of Carbon Footprint: In 2024, Rackspace Technology will relocate to a modern, efficient headquarters, signaling a shift towards sustainability. This move is not just a change in location but a strategic decision to minimize the company’s environmental impact. The new headquarters is designed for current and future needs, projecting an 80% reduction in CO2 emissions compared to 2022.
- Enhancing Customer Engagement: Rackspace Technology prioritizes continuous improvement in customer engagement through holistic service delivery. Innovations like Elastic Engineering and consulting services exemplify the company’s commitment to providing sustainable, efficient, and responsible technological solutions.
- Community Impact Initiatives: Rackspace Technology allocates corporate funds for volunteer initiatives, encouraging employees (Rackers) to contribute to their communities. Last year, Rackers volunteered over 21,000 hours, and the “Rack Gives Back” program raised $160,000 for local organizations. These efforts reflect the company’s culture of service and compassion within and beyond its communities.
“As we move into 2024, Rackspace Technology remains steadfast in the company’s commitment to sustainability principles, which reflect a tapestry of achievements — from advancing sustainable technology partnerships to empowering the company’s workforce and making impactful community contributions. Each endeavor is a stepping-stone to a more responsible and innovative future. We remain dedicated to our path towards a more sustainable, equitable, and technologically advanced world as we continue to embrace these challenges and opportunities.” – Amar Maletira, CEO, Rackspace Technology
FAQs
- Why is Rackspace Technology releasing a Sustainability Report for the 2023 fiscal year?
Rackspace Technology is sharing its Sustainability Report to highlight the progress toward social and environmental sustainability goals during the 2023 fiscal year.
- What key milestones are outlined in the Sustainability Report?
The report covers significant achievements, including promoting Srini Koushik to the new role of President of AI, Technology, and Sustainability and industry recognition for sustainability efforts.
- How does Srini Koushik’s new role align with Rackspace Technology’s vision?
Srini Koushik’s promotion aligns with the company’s commitment to delivering a sustainable and innovative future for its customers.
- What sustainability awards have Rackspace Technology received recently?
Awards include the AWS North America Sustainability Partner of the Year and recognition from SustainableIT.org for contributions to sustainability initiatives.
- How does Rackspace Technology plan to reduce its carbon footprint?
The company is transitioning to a new headquarters in 2024, designed for greater efficiency and sustainability, projecting an 80% reduction in carbon emissions compared to 2022.
- What environmental impact did Rackspace Technology’s former headquarters have?
The LEED Gold-c******** former headquarters emitted 7,492 tons of CO2 in 2022 (Scope 1&2), contrasting with the projected 1,485 tons 2024 for the new headquarters.
- How does Rackspace Technology engage with its customers?
The company focuses on continuous improvement in customer engagement through holistic service delivery, offering services from ERP to CRM and innovative solutions like Elastic Engineering.
- What is the significance of Rackspace Technology’s “Rack Gives Back” program?
The program, supported by corporate funds, encourages employees (Rackers) to contribute to their communities through volunteering and fundraising for local organizations.
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