Delivers update on the Company’s progress in achieving its goals
for environmental responsibility, corporate sustainability, diversity
and inclusion, and employee safety
BOSTON--(BUSINESS WIRE)--
Iron
Mountain® Incorporated (NYSE: IRM), the storage and information
management company, today announced the publishing of its 2014 Corporate
Responsibility Report, providing a comprehensive update on the company’s
global commitments to key Environmental, Social and Governance (ESG)
topics such as workplace diversity and inclusion, community engagement,
environmental responsibility, and employee volunteerism. Available for
download on Iron Mountain’s Taking
CARE corporate responsibility portal, the document expands on
the company’s first report published last year.
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“Iron Mountain is built on trust,” said William L. Meaney, president and
chief executive officer of Iron Mountain. “Our customers trust us to
protect and manage their critical information and other valuable assets
as if they were our own. We take this responsibility very seriously and
believe our reputation for trust must also extend to the commitments we
make to our team and our communities. This report provides an update on
how we’re serving our people, our communities and our planet with the
highest level of integrity and trust.”
In 2014, Iron Mountain expanded its reporting capabilities to include
Western Europe, covering data for its facilities in 10 countries,
representing 85 percent of its revenue, 51 percent of its workforce, and
83 percent of its total real estate square footage. In doing so, Iron
Mountain enhanced its ability to identify those places where its
corporate responsibility efforts had demonstrable impact, while also
gaining greater insight into opportunities to extend its program to
further its global commitment.
Iron Mountain’s 2014 Corporate Responsibility Report cites specific
examples of how Iron Mountain has acted on its commitments during that
calendar year, including:
-
Climate impact – Increased installation of solar panels on
facilities in North America to a total of 2 MW, producing enough
electricity to power 250 homes for a year.
-
Green Building – Achieved LEED-Gold Certification for its
corporate headquarters in Boston (Mass.) and its Northborough (Mass.)
data center.
-
Employee Volunteerism & Community Engagement – Employees
logged more than 56,000 hours in volunteer service in their
communities in 2014, reflecting the same passion for service that they
bring to our customers every day.
-
Inclusion & Diversity – Documented equal pay for women in
North America and the United Kingdom, and increased hiring of U.S.
veterans. Additionally, Iron Mountain started a training program for
senior leaders and people managers on eliminating unconscious bias and
the strategic role that inclusiveness can play in Iron Mountain’s
success.
-
Charitable Giving – Through its Living
Legacy Initiative corporate giving program, Iron Mountain provided
over financial grants, in-kind services and information expertise to
non-profit organizations that share the company’s commitment to
cultural and historical preservation. Included among these are
partnerships with CyArk,
the GRAMMY
Foundation, the New
England Museum Association and the “Dear
Boston” exhibit, and The
Papers of Abraham Lincoln.
In addition, the 2014 report lays out Iron Mountain’s sustainability and
responsibility goals for 2015, building upon five key areas of focus,
with more detail on each in the report. These areas include:
-
Increased Stakeholder Engagement – Ongoing dialogue with
employees, customers, stockholders and community partners enabled Iron
Mountain to prioritize the economic, environmental and social issues
most important to these stakeholders. For 2015, the Company will seek
to develop a process for setting goals to integrate these priorities
into its business and operational planning in measurable ways.
-
Expanded, Fully Global Reporting – While Iron Mountain widened
its scope for reporting, it has not yet been able to provide a full
global view into its program. In 2015, the Company will look to
include additional regional data to its reporting for employee,
community and environmental performance.
-
Environmental Performance – Due in large part to
higher-than-expected use of natural gas during an exceptionally cold
U.S. winter, greenhouse gas emissions (GHG) remained flat, causing
Iron Mountain to miss its goal for reducing emissions by five percent.
To better track our energy usage, two new environmental performance
goals for 2015 have been added (in addition to GHG emissions
reporting): reducing facility energy use and increasing the use of
renewable energy.
-
Workplace Safety – Building upon its 2014 investments in
safety, including the creation of a board-level committee on Risk &
Safety and the appointment of a global head of safety, Iron Mountain
intends to set more consistent, enterprise-wide goals for measuring
and reporting on workplace safety around the world.
-
Growing Community Engagement – Reinforcing its commitment to
trust as a guiding principle, Iron Mountain plans to increase the
amount of employee volunteer hours to 60,000 worldwide and increase
the value of the contributions it provides to its non-profit
partnerships.
“Our employees are passionate about building a great workplace and
making a difference in our communities,” said Ty
Ondatje, Iron Mountain’s senior vice president of Corporate
Responsibility and Chief Diversity Officer. “The ethical, social and
operational commitments we make echo that passion, and are the core of
our Taking CARE platform. This report offers us the opportunity to
report on those commitments, demonstrating the progress we’ve made as
well as the work we have left to do in continuing to live these out
every day in our business all over the world.”
Iron Mountain’s Corporate Sustainability Report follows the latest
revision (G4) of the Global Reporting Initiative (GRI) Reporting
Guidelines, a widely used standard that provides a framework for
reporting and tracking progress. To read the report, visit the Taking
CARE corporate responsibility portal at http://takingcare.ironmountain.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage
and information management services. The company’s real estate network
of over 67 million square feet across more than 1,000 facilities in 36
countries allows it to serve customers with speed and accuracy. And its
solutions for records management, data management, document management,
and secure shredding help organizations to lower storage costs, comply
with regulations, recover from disaster, and better use their
information for business advantage. Founded in 1951, Iron Mountain
stores and protects billions of information assets, including business
documents, backup tapes, electronic files and medical data. Visit www.ironmountain.com
for more information.
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Source: Iron Mountain