Founded in 1998, US-headquartered Equinix provides data centre and co-location services. The company has more than 200 data centres on five continents, making it one of the world’s largest data centre operators. It serves more than 9,700 corporate clients on 1,800 networks.
Equinix supports digital inclusivity for women and girls through its partnership with World Pulse, a women-led organisation providing digital skills training in more than 30 countries. The company discloses its community investments.
Equinix contributes to the tech innovation ecosystem through support for start-ups. The company also supports the Sustainable Development Goals (SDGs) and uses them as a framework for its community investments. Furthermore, the company’s Energy Efficiency Centre of Excellence is dedicated to fostering innovation and maximising the impact of its key sustainable technologies.
Equinix has an opportunity to support more initiatives relating to access to digital technologies. It can also disclose how it supports inclusion and diversity in its workplace and disclose the number of its employees with disabilities. It should report how the economic value it generates is distributed among stakeholders as well as incomes taxes paid and employment in its main markets.
Equinix can enhance disclosure on how it monitors and responds to security incidents. It can also follow industry best practice by making its information security management certification public and reporting the number of data breaches. As a digital company, Equinix should make a high-level policy commitment to child online protection.
The company can enhance support for social and non-profit start-ups as well as start-ups initiated by people from underrepresented groups. It should also disclose the number of its women employees engaged in technical roles.
Core social indicators
The core social indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
Equinix commits to respecting human rights. It also has a publicly available policy statement that expects its business relationships to commit to respecting the ILO core labour rights. For its own operations, however, the company does not commit to respecting all the labour fundamentals outlined in the ILO core labour rights, including the right to freedom of association and collective bargaining. Furthermore, the company does not disclose a process to identify, assess and take action on the salient human rights risks in its own operations and in its business relationships. Equinix does, however, have a grievance mechanism accessible to all stakeholders to raise human rights concerns and complaints.
Equinix publicly commits to respecting the health and safety of workers, and it places health and safety expectations on its business relationships and monitors their performance. The company discloses some information in relation to collective bargaining. However, it does not disclose the proportion of its total direct workforce covered by collective bargaining agreements. Furthermore, the company lacks any relevant disclosure in relation to living wages and working hours. In relation to workforce diversity, the company provides a breakdown of employees in different employee categories by gender. However, it does not disclose against other indicators of diversity, such as age groups, or provide breakdowns for its entire operational workforce.
Equinix has a global tax strategy, which is overseen by the company’s board. The company discloses the income taxes it pays in three categories: US federal, US state & local, and foreign. However, it does not disclose income tax payments for all its individual tax jurisdictions. The company has a policy prohibiting bribery and corruption, and it includes anti-bribery and anti-corruption clauses in contracts with its business relationships. It also has a grievance mechanism for stakeholders to raise concerns and complaints on the topic. In relation to lobbying and political engagement, the company states that it does not make political contributions. However, it does not disclose its overarching approach to lobbying and political engagement in a publicly available policy statement.